Advertise With Us!

Posted on 08. Feb, 2010 by PublicWire in Editorial   

Dow Dips Below 10,000

 

Wall Street struggled Monday as fears of mounting debt on the other side of the Atlantic weighed heavily on investors.

The Dow Jones Industrial Average fell 22.52 points to 9,989.71 with just 2-1/2 hours left in the session. The S&P 500 gained 0.33 points, or .03%. The Nasdaq Composite grew by 2.29 points, or 0.11%.

The majority of the Dow’s 30 Components tumbled Monday, led by Bank of America (BAC) and American Express (AXP). Each company’s stock fell more than 2% to $14.62 and $36.97 a share, respectively. The index’s best performer was The Home Depot (HD). The do-it-yourself superstore was up 0.85, or 3.04%, by mid-afternoon.

The major indexes have slipped for four weeks in a row.

Leave a Reply

Please fill the required box or you can’t comment at all. Please use kind words. Your e-mail address will not be published.

Gravatar is supported.

You can use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>