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Wall St slips on euro fund uncertainty


    NEW YORK (Reuters) - Major U.S. stock indexes reversed direction to turn lower in morning trading on Thursday as more doubts emerged over whether European leaders could reach a deal on further strengthening the region's rescue fund.

    The Dow Jones industrial average lost 57.63 points, or 0.50 percent, to 11,446.99. The S&P 500 fell 6.04 points, or 0.50 percent, to 1,203.84. The Nasdaq Composite dropped 29.76 points, or 1.14 percent, to 2,574.28.

    A high-profile EU summit will go ahead on Sunday as planned, according to sources in Germany's ruling coalition, but it will not reach a decision on leveraging the euro zone rescue fund.

    (Editing by Kenneth Barry)