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US markets end lower; Dow down 56 points
Published on Tue, Jul 08, 2008 at 08:16 , Updated at Tue, Jul 08, 2008 at 09:44
Source : moneycontrol.com
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US markets whipped back and forth and finally landed in negative territory. Freddie Mac and Fannie Mae saw steep declines as the weakness in the housing market continued. Energy stocks like Exxon Mobil and Chevron led the sector lower as oil eased off. Crude plunged USD 3.92 to close at USD 141.37 a barrel on the NYMEX. The Dow lost 56.58 points, or 0.50%, to 11,231.96. The Standard & Poor's 500 index slipped 10.59 points, or 0.84%, to 1,252.31, and the Nasdaq composite index dropped 2.06 points, or 0.09%, to 2,243.32.
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From earlier part... 4. This was not an end. The lending Banks like CitiGroup, Wachovia, etc pooled the sub-prim...
in Other Market Topics - venkat_c at 11-Oct-08 01:59
Thanks. Of course 8500 sensex is just possible but not 3000 sensex....
in Other Market Topics - vkk43 at 11-Oct-08 06:44
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