Wall Street opens lower on euro zone concern ~ MAKE MONEY BLOG$

3/27/13

Wall Street opens lower on euro zone concern

7:06 AM

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NEW YORK (Reuters) - Wall Street opened lower on Wednesday after a robust rally in the prior session, as soft demand at an Italian debt auction sparked concerns over the financial health of the euro zone.

The Dow Jones industrial average (.DJI) dropped 70.66 points, or 0.49 percent, to 14,488.99. The Standard & Poor's 500 Index (.SPX) lost 8.78 points, or 0.56 percent, to 1,554.99. The Nasdaq Composite Index (.IXIC) fell 23.01 points, or 0.71 percent, to 3,229.47.

(Reporting by Chuck Mikolajczak; Editing by Bernadette Baum)

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