Markets

Wall Street closes in red on eurozone concerns

Published Updated

The Dow Jones Industrial Average fell 26.87 points (0.21 percent) to 12,938.82 in closing trade.

The tech-rich Nasdaq Composite shed 15.40 points (0.52 percent) to 2,933.17, and the Standard & Poor's 500 index, a broad measure of the markets, lost 4.61 points (0.34 percent) to 1,357.60.

Wall Street followed a broad-based decline in European stocks, "courtesy of resurfacing recession concerns toward the eurozone in the wake of some disappointing services and manufacturing data," Charles Schwab analysts said.

Copyright AFP (Agence France-Presse), 2012