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Wall St ends with moderate loss; Dow dn 35 pts
Published on Wed, Jun 25, 2008 at 08:17 , Updated at Wed, Jun 25, 2008 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:
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From earlier part... 4. This was not an end. The lending Banks like CitiGroup, Wachovia, etc pooled the sub-prim...
in Other Market Topics - venkat_c at 11-Oct-08 01:59
Thanks. Of course 8500 sensex is just possible but not 3000 sensex....
in Other Market Topics - vkk43 at 11-Oct-08 06:44
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