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Wall Street ends mixed; Dow down 38 points
Published on Tue, Jun 17, 2008 at 08:17 , Updated at Tue, Jun 17, 2008 at 08:56
Source : moneycontrol.com
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It was a see-saw day for the US markets. The banks were trying to lead a rally, while a handful of stocks were dragging on the blue-chip index. A rally was sparked in banking stocks with Lehman Brothers declaring results in line with market expectations. Techs meanwhile rallied for a third straight session. Citigroup, Bank of America and JP Morgan were the top gainers. In the early trade the crude set a trading record of USD 139.89 a barrel on the NYMEX, before it ended at USD 134.61. In economic news, homebuilder sentiment sank in June, matching its record low, set in December. The Dow Jones industrial average lost 38.27 points, or 0.31%, to 12,269.08. The Standard & Poor's 500 index gained 0.11 points, or 0.01%, to 1,360.14. The Nasdaq composite index added 20.28 points, or 0.83%, to 2,474.78.
A look at how the Indian ADRs performed:
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