
US stocks closed slightly lower with Dow Jones Industrial Average losing 24.75 points, or 0.20 per cent, to close at 12,602.26 as investors remain on sidelines awaiting outcome of European Union's debt crisis summit.
S&P 500 index lost 2.81 points, or 0.21 per cent, to end at 1,329.04.
The Nasdaq composite declined 25.83 points, or 0.90 per cent, to finish at 2,849.49.