Eurozone fears add to post-election anxiety on Wall Street

US stock markets saw a third consecutive day of losses following Barack Obama's victory in the presidential election this week.

Wall Street sold off soon after the bell rang, as the Dow Jones dropped 64 points or 0.5% to 12,746, while the S&P 500 shed 0.3% to 1,373. The Nasdaq dropped 5 points or 0.19% to 2,890. Both the Dow and the S&P have suffered hefty falls of around 3.5% since the election result on Wednesday night, their lowest levels since August. Sentiment on Wall Street has turned negative because investors are worried about Obama's commitment to solving the fiscal cliff issue. Obama's victory has sparked fears that further stimulus measures will weigh on the country's ability to manage $600bn of ...