Euro shares down, Wall St ends at 13-month low

Dow Jones fell 258.08 points, or 2.36 per cent to close at 10,655.30, a 13-month low as investors dumped bank shares on fears that Greece's worsening financial crisis could cause a large European lender to fail.
S&P 500 fell 32.19 points, 2.85 per cent to close at 1,099.23. All S&P sectors were lower, led by financials and energy.
Nasdaq dropped 79.57 points, or 3.29 per cent at 2,335.83.
European shares closed lower on news Greece is likely to miss deficit targets for both this year and 2012 despite harsh new austerity measures and could be forced to seek more bailout funds, according to draft budget figures.
Moreover, Euro zone manufacturing contracted at fastest rate in Sept 2011 since June 2009.

Meanwhile, gold prices up 2.50 pct at USD 1,660.25 an ounce; crude oil rose 0.13 per cent at USD 76.30 a barrel.