U.S. stocks finish lower in global equities rout

U.S. stocks closed down for a second session on Tuesday in line with the global equities rout as investors shied away from assets perceived as risky on persistent economic uncertainties. The S&P 500 fell 20 points, or 1%, to close at 2,045 with all 10 sectors ending in the red. The Dow Jones Industrial Average slid 132 points, or 0.8%, to finish at 17,604, weighed down by a 2% drop in Cisco Systems while the Nasdaq shed 47 points, or 1%, to close at 4,843. In contrast, assets viewed as safe plays attracted investment helping gold prices rise and pushing the Japanese yen higher against the U.S. dollar .

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From:: Stock Market News

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