Stocks end lower on euro zone concerns

Major debt restructuring for both Cyprus and Greece will probably force the struggling euro zone countries to leave the single currency, according to Citigroup's latest economic outlook, which warned markets could again be hit by escalating fears.

Stocks fell Wednesday as caution prevailed ahead of a meeting of European leaders and on mounting concerns over Greece's future in the euro zone.

STRASBOURG, France (Reuters) - An EU proposal to give the European Central Bank (ECB) powers to oversee euro zone banks received negative responses from some non-euro zone governments on Wednesday because of concerns that the new rules could weaken their banks. The European Commission announced plans to give the ECB primary responsibility for overseeing the euro zone's 6,000 banks, and encouraged the broader European Union to participate in the regime. EU Commissioner Michel Barnier said some of the 10 non-euro zone states had shown an interest in adopting the single supervisor. ...

APG will invest £160 million in rental housing in London. Oil prices fell influenced by uncertain discussions over the debt ceiling. Financial ministers meet in Davos for the World Economic Forum. Apple’s shares in a 11-month low.   

Even though the German constitutional court gave its blessing to ECB president Mario Draghi's OMT program, Concerns Mount that ECB Bond-Buying Program Is Illegal.

[Reuters] - Stocks fell on Monday as traders rushed to buy protection against a further decline in the market after comments from Germany's finance minister heightened concerns about the euro zone's debt crisis.

World stocks slipped on Thursday while the euro fell broadly as a survey showed a slowdown in growth of the euro zone services and manufacturing sectors and concerns intensified about the region's banks