Thu, 31 May 2012 07:52:06 GMT
US shares slip on Spain and Greece fears
US shares erased previous session's gains on Wednesday as borrowing costs in Italy and Spain climbed while Greece renewed threats it may leave Eurozone. S&P 500 index fell 1.43% or 19.10 points and closed at 1,313.32. Dow Jones Industrial Average shed 1.28% or 160.83 points and finished at 12,419.86. Nasdaq Composite dropped 1.17% or 33.63 points settling at 2,837.36.