
US stocks closed down with S&P 500 taking the worst hit in 10 weeks,as investors reacted
to an unexpected rate cut by the European Central Bank.
Dow Jones Industrial Average fell 152.9 points, or 1 percent, to 13,593.98.
S&P 500 fell 23.34 points, or 1.3 per cent, to 1,747.15, the worst session since in 10 weeks.
Nasdaq composite dropped 74.61 points, or 1.1 per cent, to 3,857.33.
The U.S. dollar gained against other global currencies. Oil futures declined 60 cents, or
0.6 per cent, to U$94.20 a barrel, while gold futures fell U$9.30, or 0.7 per cent, to
U$1,308.50 an ounce.