facebook
twitter
search
search

Eurozone worries clip stocks

Sept. 26, 2012 at 5:41 PM

NEW YORK, Sept. 26 (UPI) -- U.S. stock indexes dropped Wednesday as benchmark bonds in Italy and Spain rose, prompting fresh worries over the eurozone's debt issues.

In Washington, the U.S. Commerce Department said sales of new single-family houses dropped 0.3 percent from July to August.

By close of trading, the Dow Jones industrial average lost 44.04 points, or 0.33 percent, to 13,413.51. The tech-dominated Nasdaq Composite index dropped 24.02 points, or 0.77 percent, to 3,093.70. The S&P 500 lost 8.27 points, 0.57 percent, to 1,433.32.

On the New York Stock Exchange, 1,233 stocks advanced and 1,809 declined on a volume of 3.6 billion shares traded.

The benchmark 10-year treasury rose 18/32 to yield 1.612 percent.

The euro fell to $1.287 from Tuesday's $1.29. The U.S. dollar fell to 77.72 yen from Tuesday's 78.80 yen.

In Tokyo, the Nikkei 225 index gave up 184.84 points, 2.03 percent, to 8,906.70.

In London, the FTSE 100 index shed 1.56 percent, 91.62 points, to 5,768.09.

Related UPI Stories
Latest Headlines
Trending Stories
Einstein vindicated: Scientists find gravitational waves
Vatican: Bishops not required to report abuse to police
Nicola Griffin to appear in Sports Illustrated swimsuit issue at 56
Dementia rates decline in U.S., researchers unsure why
'El Chapo' drug empire's alleged financial operator arrested in Mexico