XCSFDHG46767FHJHJF
dow2664 The primary stock indices ended the last trading week on a negative note and the worries that this invoked carried through the holiday weekend. Investors on Wall Street could only watch as the primary stock indices plummeted just after opening bell during the opening day of trading this week. Although stock indices made an attempt to recover yesterday, they ultimately stayed in the red and finished the session negative for a third straight day. Officially, the Dow Jones ended the day red by .90 percent or 100.96 points and closed at 11,139.30. The Nasdaq closed lower by .26 percent or 6.50 percent at 2,473.83. The S&P 500 closed red by .74 percent or 8.73 points at 1,165.24. Indices were initially pushed lower due to anxieties stemming from the weaker than expected jobs data that posted on Friday. Poor trends observed in the Eurozone markets hurt as well. The ongoing debt crisis in Greece continues to plague investors and pressure markets. The risk of recession is definitely on the minds of many. Individual companies are feeling the pressure as well. Bank of America reported that it might need to cut tens of thousands of workers. Share values for the company dropped. Bank of America Corp finished off the last session in the red by 3.59 percent at 6.99. Previous close for BAC was 7.25 according to Google Finance. Frank Matto
No comments:
Post a Comment