Business Standard

Wall Street opens 1% lower on Europe

The latest poll results in Greece worsened fears about a spiraling of the euro zone's debt crisis.

Image

Reuters New York

US stocks opened lower on Wednesday as rising bond yields for Italy and Spain and the latest poll results in Greece worsened fears about a spiraling of the euro zone's debt crisis.

The Dow Jones industrial average was down 110.46 points, or 0.88%, at 12,470.23. The Standard & Poor's 500 Index was down 11.81 points, or 0.89%, at 1,320.61. The Nasdaq Composite Index was down 28.75 points, or 1.00%, at 2,842.24.

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: May 30 2012 | 7:13 PM IST

Explore News