Friday 22 June 2012

U.S. MARKET UPDATE

U.S. stocks posted the worst day in three weeks on Thursday on mounting evidence that slowing manufacturing growth worldwide threatened corporate profits.
The Dow Jones industrial average was down 251.35 points, or 1.96 percent, at 12,573.04. The Standard & Poor’s 500 Index was down 30.19 points, or 2.23 percent, at 1,325.50. The Nasdaq Composite Index was down 71.36 points, or 2.44 percent, at 2,859.09.
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