Wall Street ended down but notes a surge late in the session

Wall Street closed lower Tuesday, penalized by a clear return of risk aversion caused by the situation in Japan where it excludes more nuclear disaster of great magnitude.

The decrease in New York markets, however, was limited compared to those observed in Europe and especially in Asia, investors are confident saying that the U.S. economy will not be permanently affected by the consequences of the earthquake in Japan.

The Dow Jones lost 1.15%, 137.74 points to 11,855.42, the S & P 500 index fund managers, dropped 14.52 points, 1.12% to 1281.87 while the Nasdaq, heavily weighted technology has yielded 33.64 points, 1.25% to 2667.33.

The S & P is not far from the threshold of resistance to 1257, its closing level in late 2010.

Investors have also welcomed the decision without much surprise to the Fed to keep the Fed funds target between zero and 0.25%. They appreciated the statement that the economy is accelerating the benefits to employment.

"At present time, it should not be prolonged disruptions and the effect should not exceed the short term the United States, " Justice Jim McDonald of Northern Trust Global Investments.

"Certainly the prospects of nuclear accidents are scary, but otherwise, the nuclear issue will have limited impacts on U.S. stocks and is the most likely scenario."

The values​​, General Electric, which has partnered with Japan's Hitachi Nuclear finished down 1.55% to 19.61 dollars, while Shaw Group, part of a consortium building nuclear reactors has lost 2 , 1% to 34.14 dollars.