|
|||||||
![]() | |||||||
US markets ended lower with the Dow clocking triple digit losses. Corporate news and poor economic data led to the downfall. US Treasury Secretary, Henry Paulson said that there is a need to strengthen & clarify rules governing the financial sector.
Financials were the days biggest decliners. Oppenheimer slashed its earnings estimates on four US banks, to reflect expected mortgage and CDO related write-downs. In economic news, durable-goods orders fell 1.7% in February. Economists had expected durable-goods orders to rise 0.8%.
With a surge in oil, energy stocks advanced with Exxon and Chevron leading the advance.
The Dow plunged 109.74, or 0.88%, to 12,422.86. The Standard & Poor's 500 index declined 11.86 points, or 0.88%, to 1,341.13, while the Nasdaq composite index shed 16.69 points, or 0.71%, to 2,324.36.
A look at how the Indian ADRs performed:
|
Name Sterlite Ind |
Symbol SLT |
Price 37.03 |
Change |
Change% -0.99% |
Volume |
High |
Low |
|
|
| Related links: | |
| Related links |
| Ads by Google |
|




Offline
