Huge Sell Off On Wall Street (AAPL, GOOG, MCD, WMT, BP)

U.S. equity markets have been moving steadily lower throughout Friday's trading session. The Dow Jones Industrial Average has now fallen 253.93 points to 10,001. The S&P 500 is down 2.36% to 1,076.91. The precipitous decline today can be attributed to a weaker Euro and a disappointing jobs report. The EUR/USD pair is now trading below $1.20. Shares of Apple Computer AAPL are down 1.42% to $259.38 as the company gets ready to release its next generation iPhone. The activity in Google GOOG today looks downright rosy compared to the broader market. GOOG is only down 0.17% to $504.74 on the session. The stock is trading at what appears to be a very attractive valuation, and this could signal a bottom in GOOG, which has lost 18.68% year to date. Wal-Mart WMT is holding its annual shareholders meeting today in Fayetteville, Arkansas. The company announced a new $15 billion share buyback program and raised its dividend. The stock is under pressure, however, falling 1.49% to $50.95. McDonald's MCD announced that it is recalling 12 million collectible "Shrek" glasses currently being sold at the fast food chain. The glasses apparently contain cadmium, which can cause adverse health effects. The stock, however, is still outperforming the broader market. MCD is down 1.44% today to $66.87. BP BP shares have lost another 4.13% today to $37.65 as speculation has arisen that the company will not pay its dividend. BP has fallen 31.64% in the last 3 months.