Wall Street falls, as European shares edge up

Wall Street stocks ended down, although Citigroup's better-than-expected earnings limited losses. The S&P 500 has fallen in seven of the last eight sessions, weighed by concerns about economic growth.

The S&P 500 has fallen in seven of the past eight sessions, pressured by concerns about economic growth. Still, in a sign of resilience, the index is up roughly 7 percent from a low hit early in June despite the worsening economic data.

The Dow Jones industrial dropped 49.88 points, or 0.39 percent, to 12,727.21. The Standard & Poor's 500 Index fell 3.14 points, or 0.23 percent, to 1,353.64. The Nasdaq Composite Index lost 11.53 points, or 0.40 percent, to 2,896.94.

European shares edged higher, helped by gains at Scandinavian lenders SEB and Danske Bank, although worries over the Spanish economy and prospects for the second-quarter earnings season acted to cap gains.

The FTSEurofirst 300 index closed up 0.1 percent at 1,043.71 points, while the euro zone Euro STOXX 50 fell 0.3 percent to 2,251.96 points.

Japanese markets were closed for the Marine Day holiday.