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Wall Street ends down after ECB discord


    NEW YORK (Reuters) - Stocks closed more than 2 percent lower on Friday after the top German official at the European Central Bank resigned in protest of the bank's bond-buying program, which has been a major tool in fighting the region's debt crisis.

    Based on the latest available data, the Dow Jones industrial average was down 303.53 points, or 2.69 percent, at 10,992.28. The Standard & Poor's 500 Index was down 31.65 points, or 2.67 percent, at 1,154.25. The Nasdaq Composite Index was down 61.15 points, or 2.42 percent, at 2,467.99.

    (Reporting by Caroline Valetkevitch; Editing by Leslie Adler)