
The Dow Jones Industrial Average fell 100.96 points, or 0.90 percent, to end at 11,139.30,
The S&P 500 shed 8.73 points, or 0.74 per cent, to close at 1,165.24. Most of the S&P sectors finished in the red, led by financials and industrials
The Nasdaq composite slid 6.50 points, or 0.26 per cent to finish at 2,473.83.
European shares hit a two-year closing low, led by banks, as rising debt yields continue to scare investors.
Gold surge to near USD1,900 an ounce as investors turned to gold as safe-haven.
Crude oil closed up 0.40 pctat USD 86.34 a barrel.
Investors await President Obama's speech on job stimulus measures in Congress this Friday. The sluggish U.S. economy is hurting Obama's chances of being re-elected in presidential elections next year.
Wall St ends down; Euro shares hit 2-yr low; gold surged near USD1,900 an ounce; crude oil at USD86.34/bbl