Wall St cuts losses after EU comments
Stocks cut losses on Tuesday as German and French leaders said they are committed to implementing the decisions of an EU summit despite calls for a Greek referendum on the debt crisis plan.
The Dow Jones industrial average dropped 199.53 points, or 1.67 percent, to 11,755.48. The Standard & Poor's 500 Index dropped 23.55 points, or 1.88 percent, to 1,229.75. The Nasdaq Composite Index dropped 49.35 points, or 1.84 percent, to 2,635.06.
(Editing by Kenneth Barry)
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