The Straits Times
Published on Nov 14, 2012

US stocks slide on US, Greece concerns


NEW YORK (AFP) - United States (US) stocks closed lower on Tuesday as worries about Greece's debt crisis and the US "fiscal cliff" took the shine off strong quarterly results from home-improvement giant Home Depot.

The Dow Jones Industrial Average dropped 58.90 points (0.46 per cent) to 12,756.18.

The broad-market S&P 500 shed 5.50 (0.40 per cent) at 1,374.53, while the tech-rich Nasdaq Composite fell 20.37 (0.70 per cent) to 2,883.89.

After opening lower, stocks clawed back into positive territory but were unable to stay there.