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.

Like Us on Facebook for more stories from UPI.com  
Latest Headlines
Top Stories
Ford recalls 432,000 North American vehicles over software bug
Compact cannon for British armored vehicles
New Zealand military receives medium heavy military trucks
BBC to lay off 1,000 people to make up for $234M in lost revenue
U.S. proposes tighter pipeline spill rules