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Wall St ends lower as stimulus hopes fade

Nasdaq Composite Index was down 20.27 points, or 0.66%, at 3,053.40

Reuters New York

U.S. stocks fell on Thursday as expectations for quick stimulus action from the Federal Reserve receded and Chinese and euro zone data pointed to a stalling global economy.

The Dow Jones industrial average was down 113.20 points, or 0.86 percent, at 13,059.56. The Standard & Poor's 500 Index was down 11.19 points, or 0.79 percent, at 1,402.30. The Nasdaq Composite Index was down 20.27 points, or 0.66 percent, at 3,053.40.

 

 

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First Published: Aug 24 2012 | 1:52 AM IST

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