U.S. stocks fell on concern that a controversial proposal to seize money from depositors in Cyprus could set off another bout of anxiety over Europe’s shared currency.
The Dow dropped 62.05 points, or 0.4 per cent, to 14,452.06.
The Standard & Poor’s 500 index fell 8.60, or 0.6 per cent, to 1,552.10.
The Nasdaq composite index dropped 11.48, or 0.4 per cent, to 3,237.59.
For the year:
The Dow is up 1,347.92 points, or 10.3 per cent.
The S&P 500 is up 125.91, or 8.8 per cent.
The Nasdaq is up 218.08, or 7.2 per cent.