Tue, 24 Apr 2012 06:19:27 GMT
US shares drop on European worries amid Wal-Mart scandal
US major stock indices dropped sharply on Monday, following their European counterparts as investors digested news about political uncertainties in the Netherlands and France while retail giant Wal-Mart was engaged into bribery scandal in Mexico. S&P 500 fell 0.84% or 11.59 points and closed at 1,366.94, Dow Jones Industrial Average shed 0.78% or 102.09 points to 12,927.17 while Nasdaq Composite