
The Dow Jones Industrial Average slumped 72.43 points, or 0.63 per cent, to close at 11,504.62 following news that talks on euro zone debt solution between France and Germany have stalled ahead of EU summit this weekend.
The S&P 500 slid 15.50 points, or 1.26 per cent at 1,209.88. Most S&P sectors finished in the red, led by materials and techs. Utilities finished slightly higher
The Nasdaq composite fell 53.39 points, or 2.01 per cent at 2,604.