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Wall St ends with moderate loss; Dow dn 35 pts

Published on Wed, Jun 25 at 08:17 , Updated at Wed, Jun 25 at 09:41
Source : moneycontrol.com

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US markets ended lower and stocks ended lower as a midday rally fizzled by the closing bell. Financials held onto modest gains. Dow & S&P 500 both ends down 0.3% each while Nasdaq loses 0.7%.

Fed is going to announce its decision on interest rates today. Fed is expected to keep interest rates unchanged but talk tough on inflation. June consumer confidence is at 16-year low.

Crude rises to $137/bbl, gold also advanced. Bond prices edge higher. Dollar was mixed against other major currencies.

The Dow Jones lost 34.93 points, or 0.29%, to 11,807.43. The Standard & Poor's 500 index fell 3.71 points, or 0.28%, to 1,314.29, and the Nasdaq composite index declined 17.46 points, or 0.73%, to 2,368.28.

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

43.92
3.77
6.59
25.67
12.37
31.85
75.81
4.40
16.97
15.51
10.99
11.20
16.81

Change
-1.08
-0.13
-0.18
0.02
-0.13
-1.27
-2.65
-0.11
-0.77
0.21
-0.37
-0.07
-0.27

Change%

-2.40%
-3.33%
-2.66%
0.08%
-1.04%
-3.83%
-3.38%
-2.44%
-4.34%
1.37%
-3.26%
-0.62%
-1.58%

Volume
2,268,388
76,995
45,875
1,267,354
461,815
7,303,779
1,254,885
790,130
469,864
158,143
1,000,795
13,975
1,264,023

High
44.69
3.96
6.75
25.84
12.64
33.29
78.12
4.49
17.46
15.63
11.32
11.41
16.92

Low
43.66
3.75
6.55
24.98
12.15
31.16
72.84
4.30
16.47
15.27
10.99
11.11
16.18

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in Other Market Topics - Guest at 21-Aug-08 01:09

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in Other Market Topics - MMB Messenger at 21-Aug-08 01:09

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