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US mkts end mixed; Dow down 44 pts
Published on Wed, May 14 at 08:40 , Updated at Wed, May 14 at 08:53
Source : CNBC-TV18
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US markets closed mixed as investors juggled a mixed bag of news. A tepid outlook from Yahoo, HP's bid for EDS and a surprising resilience in retail sales led to mixed reactions. Financials were the day's biggest decliners, falling 1.5 percent while energy shares were the biggest gainers, climbing 1.1 percent In economic news, retail sales fell 0.2 percent in April. The Dow Jones ended 44 points lower at 12832, the Nasdaq however shut shop at 2495, up 7 points. The S&P 500 closed almost flat at 1,403. Crude is hovering near 126 dollars after briefly touching a new intra-day record of 126.98 dollars after the Iranian President said a proposal to reduce the country's crude output was being reviewed by experts. A look at how the Indian ADRs performed:
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Citi Investment sees a steady erosion in commodity prices
Yes, Thats true. There is no point in making or investing in crude from time to time so that prices will move up & ...
in Other Market Topics - Guest at 21-Aug-08 01:09
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
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