US stocks retreat on Drahi's comments

Note: This section contains information in English only.
Source: Marketwatch
© Scanpix/AFP

US stocks fell immediately after opening on Thursday, after ECB President Mario Draghi announced that bank won't purchase debt of troubled European countries. In New York morning trade Dow Jones Industrial Average lost 1.3% to 12,116.11 after climbing for 3 days in a row. Standard & Poor's 500 also gave up 1.3% reaching 1,244.85 while Nasdaq Composite dropped 1% to 2,623.83. 

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