go to moneycontrol.com
Quote 
NAV 
News 
Messages  
Opinions 
Notices 
[+] SHOW
Moneycontrol India :: News :: Wall St declines on weak economic data; Dow down 109 pts :: Infosys Technologies :: International Markets :: US, Wall Street, Nasdaq, S&P 500, Dow,Infosys,Satyam Computer,Wipro,ICICI Bank,HDFC Bank,MTNL,VSNL,Dr Reddy's Lab,Tata Motors,
You are here : Moneycontrol » Markets Home » International Markets
Wall St declines on weak economic data; Dow down 109 pts
2008-03-27 08:17:21 Source : moneycontrol.com
Email     Print Version     

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
Infosys
Sify
Rediff.com India
Satyam
Wipro
ICICI Bank
HDFC Bank
MTNL
Tata Comm
Dr Reddy's Lab
Tata Motors
Patni Computer

Sterlite Ind

Symbol
INFY
SIFY
REDF
SAY
WIT
IBN
HDB
MTE
TCL
RDY
TTM
PTI

SLT

Price

37.03
4.30
7.72
23.82
11.27
40.69
101.75
5.03
28.00
14.33
16.18
11.20
17.61

Change
-0.37
0.11
-0.00
-0.34
-0.29
-2.31
-2.80
-0.06
0.50
-0.17
-1.18
-0.30
-0.59

Change%

-0.99%
2.67%
-0.00%
-1.41%
-2.51%
-5.37%
-2.68%
-1.18%
1.82%
-1.17%
-6.80%
-2.61%
-3.24%

Volume
1,888,756
68,221
45,017
675,061
398,900
2,761,550
498,319
114,350
76,500
275,100
2,504,206
150,700
480,900

High
37.61
4.31
7.80
24.20
11.41
42.25
105.5
5.20
28.16
14.60
17.33
11.43
18.13

Low
36.58
4.10
7.40
23.45
11.13
40.05
101.21
4.99
27.01
14.13
16.00
10.85
17.42

Related links:
View Comments                                                                          Post Message  
Rate this article
Related links
Ads by Google
Explore Moneycontrol
STOCKS
A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z | Others
MUTUAL FUNDS
A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z  172.31.1.224
Copyright © e-Eighteen.com Ltd. All rights reserved. Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express written permission of moneycontrol.com is prohibited.