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Moneycontrol India :: News :: Wall Street end lower; Dow down 35 points :: Dr Reddys Laboratories :: 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,
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Wall Street end lower; Dow down 35 points
2008-01-17 09:31:47 Source : moneycontrol.com
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Wall Street ended lower after another volatile day of trade amid weak earnings from Intel and continued concerns over the economy.

Consumer prices shot up to 4% in 2007, which was the biggest jump since 1990. Fed's Beige Book shows Q4 economic activity growing at a modest pace.

Intel's outlook was well below analysts estimates. BEA Systems was up 18.5% after Oracle agreed to buy co for $ 8.5 billion.

In financial stocks, JPMorgan stocks gains 6%, misses on earnings but reports relatively small write down of $ 1.3 billion. Wells Fargo gains more than 3%.

Boeing ends up 3% after the company says delay of Dreamliner will not have material effect on financials.

The Dow Jones industrial average slipped 34.95 points, or 0.28%, to 12,466.16. The Standard & Poor's 500 index declined 7.75 points, or 0.56%, to 1,373.20, and the Nasdaq composite index ended down 23 points, or 0.95%, at 2,394.59.

A look at how the Indian ADRs performed:

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

Sterlite Ind

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

SLT

Price

38.64
4.50
10.00
21.51
12.53
66.25
123.46
9.33
30.98
16.97
18.09
14.48
22.39

Change
-0.45
-0.18
-0.48
-1.23
-0.34
0.22
-6.83
-0.67
-2.65
0.16
-0.39
-0.82
-1.61

Change%

-1.15%
-3.85%
-4.58%
-5.41%
-2.64%
0.33%
-5.24%
-6.70%
-7.88%
0.95%
-2.11%
-5.36%
-6.71%

Volume
4,229,378
260,279
107,386
1,638,322
879,936
3,849,355
936,780
585,735
295,723
226,116
2,127,629
80,600
3,562,676

High
39.37
4.69
10.60
22.79
12.95
68.85
129.75
9.50
33.67
17.00
19.02
15.34
23.20

Low
37.60
4.50
10.00
21.06
12.05
64.34
119.7
8.36
30.37
16.53
18.00
14.47
21.83

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