DJ US Stocks Down On Financial Fears; DJIA Dips Under 12000
June 18th, 2008
U.S. stocks fell sharply and the Dow Jones Industrial Average dipped below 12000 for the first time since March 18 as financial fears - and oil prices - rose again.Posty powiązane:
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Financial names continued to push U.S. stocks into the red Friday, with the Dow Jones Industrial Average nears its lowest mark since March 17.
Another boom for crude oil prices pushed stocks further into the red late Friday afternoon, with the Dow Jones Industrial Average looking to close at a level not seen since March 17, the first day of trading after the collapse of Bear Stearns.
U.S. stocks slumped Thursday, and the Dow Jones Industrial Average fell more than 300 points to its lowest mark in more than a year, as oil spiked again and car makers and financials plunged, thanks to a change of view on the industries from Goldman Sachs.