Wednesday 11 July 2012

U.S.MARKET UPDATE

U.S. stocks fell for the fourth day on Tuesday as more pessimism from U.S. companies compounded worries the sluggish world economy is taking a toll on U.S. profit growth.
The Dow Jones industrial average was down 83.17 points, or 0.65 percent, at 12,653.12. The Standard & Poor’s 500 Index was down 10.99 points, or 0.81 percent, at 1,341.47. The Nasdaq Composite Index was down 29.44 points, or 1.00 percent, at 2,902.33.
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