Money | Dow Jones Dow Falls 122, Biggest Drop Since November Investors are worried that the cost of borrowing is going to rise By Nick McMaster Posted Jan 20, 2010 3:20 PM CST Copied In this Jan. 11, 2010, file photo, traders work on the floor of the New York Stock Exchange. (AP Photo/Richard Drew, file) A report that China's Banking Commission is tightening lending policy stoked fears that borrowing costs may rise globally, causing a broad sell-off in stocks, the Wall Street Journal reports. The Dow lost 122 points to close at 10,603, the biggest drop since November. The Nasdaq fell 29 points, closing at 2,291. The S&P 500 dropped 12 points, settling at 1,138. Read These Next North Carolina shooting suspect once walked the red carpet. The gunman who killed 4 at a Michigan church was an ex-marine. 'We heard a big bang,' says churchgoer in Michigan Skydivers leap from plane 2 minutes before fatal crash. Report an error