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U.S. markets pull back in early trading

NEW YORK, March 27 (UPI) — U.S. stock indexes slipped Wednesday following downturns in markets across Europe.

The European Commission said Wednesday that economic sentiment indexes for the eurozone and the European Union fell in March, especially in three of the region’s largest economies — France, Germany and Spain.

Markets were higher across Asia but down in France, Germany, Italy, Britain, Belgium and Sweden.

On Wall Street, the Dow Jones industrial average was off 35.76 points — 0.25 percent — to 14,523.89.

The S&P 500 gave up 3.08 points, 0.2 percent, to 1,560.69.

The tech-oriented Nasdaq composite index shed 3.72 points, 0.11 percent, to 3,248.77.

Ten-year U.S. treasury bonds rose 17/32 to yield 1.858 percent.

Against the dollar, the euro fell to $1.2766 from Tuesday’s $1.286. Against the yen, the dollar rose to 94.46 yen from 94.45 yen.

In Tokyo, the Nikkei 225 index added 0.18 percent, 22.17 points, to 12,493.79.

Copyright 2013 United Press International, Inc. (UPI).

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