US markets end flat amid low volumes and volatility

The Dow Jones Industrial Average ended down 18 points at 12,018. The NASDAQ Composite was down 8 points at 2,684 and the S&P 500 Index fell 5 points at 1,293.

March 23, 2011 / 09:27 IST
Story continues below Advertisement

By Varinder Bansal, Research Analyst at CNBC-TV18

The US markets ended almost flat amid low volumes and volatility. Crude jumped 2% on back of Libyan concerns. The Dow Jones Industrial Average ended down 18 points at 12,018. The NASDAQ Composite was down 8 points at 2,684 and the S&P 500 Index fell 5 points at 1,293. Total share volume on the NYSE barely broke 800 million compared to average of over 1 billion shares. Asian stocks fell for the first time in four days as more earthquakes strike near nuclear plant; Nikkei was down 1.3% after gaining 4% yesterday. Hang Seng was down 0.3%. Kospi and Shanghai declined 0.1%. However, Strait Times was up 0.4%. SGX Nifty slipped 0.5% and Dow Future fell 0.3%. Europe shares slipped from one-week high; CAC was down 0.3%, DAX down 0.52% and FTSE down 0.4%. Other markets: Market Vectors Egypt was down 5.6%, PSI General Index down 1.24% and Irish Overall Index down 0.57%. CBOE ended down 2% at 20.21. Alert: there was speculation that Portugal
first published: Mar 23, 2011 07:45 am

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!