Epic US Market Update

[epicresearch]

The Wall Street suffers a rough Monday as key indices dropped more than 1% on worries over the effect of the European debt crisis on the global economy. The volatility index surged as much as 15%.

Dow Jones Industrial Average fell 1.09% or 138.12 points at 12502.66. Nasdaq Composite shed 1.95% or 56.26 points at 2836.16. Standard & Poor’s 500 slipped 1.6% or 21.3 points at 1313.72.