Dow Jones futures down march 20 2012 : U.S. stocks fell as concerns about China's economic growth gave pause to a rally that pushed benchmarks to their highest levels in years. Stocks opened lower Tuesday and held losses in afternoon trading.
The Dow Jones Industrial Average declined 51 points, or 0.4%, to 13188. If that lasts throughout the day, Dow industrials would record just their second loss in the last 10 sessions. The Standard & Poor's 500-stock index declined 5 points, or 0.3%, to 1405, and the Nasdaq
Composite lost 10 points, or 0.4%, to 3067. Both benchmarks closed at multiyear highs Monday. Growth-sensitive energy and materials stocks such as Caterpillar, down 2.4%, Alcoa, down 1.9%, and United Technologies, down 1.4%, led the market lower. Bank of America rose 2.3% to lead Dow advancers.
For the latest updates on the stock market, visit Stock Market Today
No comments:
Post a Comment