NEW YORK Dec 27 The Dow fell 1 percent as stocks added to losses on Thursday. The Nasdaq and S&P 500 earlier declined more than 1 percent, with worries about the U.S. "fiscal cliff" after Senate Majority Leader Harry Reid warned the United States appeared poised to head over it.
The Dow Jones industrial average was down 143.83 points, or 1.10 percent, at 12,970.76. The Standard & Poor's 500 Index was down 17.60 points, or 1.24 percent, at 1,402.23. The Nasdaq Composite Index was down 38.09 points, or 1.27 percent, at 2,952.07.
GDP data shows Britain's economy can cope with EU exit - Hammond
LONDON, Oct 27 British finance minister Philip Hammond said that Thursday's better-than-expected GDP growth showed the economy was resilient and well-placed to cope with the challenges thrown up by Britain's exit from the European Union.
GLOBAL MARKETS-European shares up as banks reassure, dollar holds near highs
LONDON, Oct 27 Reassuring results from some of Europe's biggest banks gave financials a boost on Thursday and helped offset weakness in oil-related stocks, while higher bond yields underpinned the dollar.