Rough Day On Wall Street: Acadiana Business Index

Wall Street falls as earnings and concerns in Europe weigh on the market. Mark Lasseigne fills you in on what happened in the markets on today's Acadiana Business Index.

• The Dow Jones Industrial Average fell 207 points to 11,707.

• Today’s action followed reports that a Wednesday meeting of European Union finance officials was cancelled.  The news heightened concerns about whether Europe will be able to sign off on a plan to recapitalize banks, beef up the euro zone's bailout fund and restructure Greece's debt.

• Shares of 3M led the Dow lower, falling 6.3%, to 77.04, after missing earnings and revenue expectations.
• DuPont finished down 2.5% to 44.94. The decline came despite the chemical company reporting better-than-expected third-quarter earnings and revenue.
• Texas Instruments posted better-than-expected results, but the company offered a disappointing outlook for the fourth quarter, prompting the stock to drop 2.3%, to 30.97.

• Crude oil spiked up to $93.17 a barrel.

• And Gold closed at $1,700 an ounce.