Wall St ends lower

U.S. stocks closed in the red ovennight as Federal Reserve Chairman, Bernanke ended hopes for further monetary stimulus during his speech to Congress on the U.S. economy.
The Dow Jones Industrial Average slumped 53.05 points, or 0.41 per cent to close at 12,952.07.
The S&P 500 snapped a four-day winning streak, declining 6.50 points, or 0.47 per cent, to finish at 1,365.68.
The Nasdaq composite fell 19.87 points, or 0.67 per cent to 2,966.89.