The Dow Jones Industrial Average was down 394 points at 12,209 and the Nasdaq declined 75 points to 2,474.
Indian ADRs too ended on a weak note. HDFC Bank lost 7.4%. Satyam and Wipro declined 5.6%. Sterlite dipped 4.2% while ICICI Bank lost 4%. Dr Reddy's and Infosys lost 3.9% and Tata Motors lost 3.4%. MTNL lost 2.4% and Patni Computers declined 2.3%. Genpact was the only gainer up 2.3%.
