IE 11 is not supported. For an optimal experience visit our site on another browser.

Stocks continue lower entering afternoon trading

Stocks continued lower Thursday entering afternoon trading amid continuing worries about  Europe’s financial crisis.

The news overtook some bright spots about a recovery. Approaching 1 p.m. Eastern time the S&P 500 was down 0.66 percent.  The Dow Jones Industrial Average was off 0.60 percent. The Nasdaq was down 1.32 percent.

Stocks had been heading for a higher opening on enthusiasm over Europe and after news that jobless claims fell in the latest week. But the upbeat mood was subdued by a report in German newspaper Die Welt that Germany has not ruled out postponing a crucial EU summit set for this weekend to resolve the euro zone's debt crisis, Reuters reported.