May 07, 2012, 07.12 PM IST

Wall St opens down after European elections

MARKETS-USA-STOCKS-OPEN:Wall St opens down after European elections

Source: Reuters
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NEW YORK (Reuters) - U.S. stocks opened lower on Monday as election results in France and Greece stirred up new uncertainties about how the region would tackle its ongoing debt crisis.


The Dow Jones industrial average dropped 41.44 points, or 0.32 percent, to 12,996.83. The Standard & Poor's 500 Index lost 4.40 points, or 0.32 percent, to 1,364.70. The Nasdaq Composite Index fell 14.13 points, or 0.48 percent, to 2,942.21.


(Reporting By Chuck Mikolajczak; Editing by Chizu Nomiyama)


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