Mon, 13 Feb 2012 08:29:42 GMT
US stocks close lower on Greece default threats
US shares fell on Friday, making the biggest daily decline in 2012 as investors digested news EU finance ministers postponed rescue package until legal implementation of austerity plan. S&P 500 index dropped 0.7% or 9.31 points to 1,342.64, Dow Jones Industrial Average index also slipped 0.7% or 89.23 points to 12,801.23 and Nasdaq Composite lost 0.8% or 23.35 points to