U.S. Stocks Closed Sharply Lower As Spain Weighs; Hot Stocks: CNC, DMND, OCR, ES, ZAZA, INMD, NOIZ

U.S. stocks closed on a sharply lower note amid concerns whether Europe's bailout plan for Spain's ailing banks will ease the country's debt crisis.S&P 500 Index shed 1.26 percent to finish at 1,308.93. The Dow Jones Industrial Average dropped 1.14 percent to end at 12,411.23. The Nasdaq Composite Index tumbled 1.70 percent to close at 2,809.73.With no U.S. economic data scheduled for the day and