Markets
Market lower as Germany down-play debt summit
NEW YORK : Wall Street stocks fell on Monday as Germany 's finance minister said a summit on October 23 would not yield
By
NEW YORK: Wall Street stocks fell on Monday as Germany's finance minister said a summit on October 23 would not yield a definitive solution to Europe's debt crisis, dampening hopes of a quick resolution to region's woes. The Dow Jones industrial average dropped 116.90 points, or 1.00 percent, to 11,527.59.
The Standard & Poor's 500 Index dropped 12.17 points, or 0.99 percent, to 1,212.41. The Nasdaq Composite Index dropped 23.69 points, or 0.89 percent, to 2,644.16.
Copyright Reuters, 2011
More Stories
Comments
Comments are closed for this article.