U.S. Stocks Close Down On Oracle, Cyprus Fears

Category: Markets / Finance / Mar 21, 2013 7:17PM EDT
Wall Street fell on Thursday as investor concern over Cyprus intensified and after Oracle failed to beat revenue expectations. Oracle shares plunged nearly 10 percent on Thursday, their biggest single-day drop since December 2011. The Dow Jones industrial average slid 90.24 points, or 0.62 percent, to end at 14,421.49. The Standard & Poor's 500 Index lost 12.91 points, or 0.83 percent, to finish at 1,545.80. The Nasdaq Composite Index fell 31.59 points, or 0.97 percent, to close at 3,222.60. (Video Source: REUTERS)