Equities down over Greece - New York Report

AUS Supreme Court ruling upholding tax subsidies boosted US hospital stocks to record highs yesterday, while global equity markets edged lower on lingering worries over Greece.

The Dow Jones industrial average fell 75.71 points, or 0.42 per cent, to 17,890.36, the S&P 500 lost 6.27 points, or 0.3 per cent, to 2,102.31 and the Nasdaq Composite dropped 10.22 points, or 0.2 per cent, to 5,112.19.

Energy shares were the weakest of the day, with the S&P energy index down one per cent. US crude futures settled down about one per cent at $59.70 per barrel, weighed by weaker US refined fuels markets.

Occidental Petroleum fell one per cent to $78.53.

IAC/Interactive jumped 5.1 per cent to $81.19 after the company said it planned to list its dating business, which includes Match.com and mobile app Tinder.

After the market closed, Dow component Nike rose 2.2 per cent to $107.50 after fourth-quarter results.