US mkts end mixed as oil surges; Dow down 6-pt
Published on Sat, May 17 at 09:09 , Updated at Mon, May 19 at 11:02
Source : CNBC-TV18
| ads by google |
In the US markets, major indices declined while overall ended mixed, led by retailers and financial companies, after consumer confidence slumped to the lowest in 28 years and surging crude oil prices fuelled worries about the economy. And even though the markets booked solid gains for the week, they ended lower for the day. The Dow Jones ended 5.86 points down at 12,986.80 while the Nasdaq shut shop at 2528.85 down 4.88 points or 0.19%. The S&P 500 Index closed at 1,425.35, up 1.78 points or 0.13%. The crude oil price surged to USD 127.82 a barrel on Friday. A look at how the Indian ADRs performed:
|
Messages on Other Market Topics
Other comments
Citi Investment sees a steady erosion in commodity prices
Crude is now almost at USD 116 per barrel. Alan Heap, Managing Director & Global Commodity at Citi Investment Resea...
in Other Market Topics - MMB Messenger at 21-Aug-08 01:09
SEBI should check with exchanges for recent dowside or say manupulative behaviour. I think BSE is highly manupulati...
in Other Market Topics - Guest at 21-Aug-08 12:08
Rate this article
Latest Market Commentary
21-08 Mkts under pressure ahead of inflation nos
20-08 Mkts end strong as CG, metal, telecom, realty stks gain
Udayan's Comments
16-08 Global cues, crude prices hold key to mkt moves
14-08 Crude prices to set mkt course ahead
F&O Markets
20-08 FIIs net sell Rs 1,188.3 cr in Nifty Futures
19-08 Unitech adds 11 lakh shares in the OI
Market Interview Transcripts
20-08 The Structured Products Case
20-08 Mkts on high: Can the rally continue?
CNBC TV18 Research Reports
20-08 Oil cos disagree on BK Chaturvedi Panel proposals
20-08 Competition Commission recommends BAA to sell 3 UK airports
Brokerage Reports
Wealth Tips
Chat
Ajay Bagga
CEO , Lotus India AMC
(21 Aug- 16:00hrs)
Investing in uncertain times
Poll
Newsletter
Keep in touch with News day & night. Subscribe to:
Mobile Services
Get news on the move SMS to 52622
- SMS M for Market News
- SMS B for Latest Business News
- SMS S (stock name) for latest news


Online

