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Wall Street holds lower after data


    NEW YORK (Reuters) - U.S. stocks remained broadly lower on Tuesday after data showed new orders received by factories rose unexpectedly in March, while pending home sales rose to a five-month high in the same month.

    U.S. markets had already been trading lower as Greece's debt problems continued to rattle investors.

    The Dow Jones industrial average dropped 164.60 points, or 1.48 percent, to 10,987.23. The Standard & Poor's 500 Index lost 19.48 points, or 1.62 percent, to 1,182.78. The Nasdaq Composite Index shed 56.66 points, or 2.27 percent, to 2,442.08.

    (Reporting by Leah Schnurr)