Thursday, 9 May 2013

INQUIRER.net: US stocks fall, snapping streak of records

INQUIRER.net
Philippine News for Filipinos
US stocks fall, snapping streak of records
May 9th 2013, 23:19

NEW YORK—US stocks fell Thursday, as buyers took a breather after a slate of successive record closes.   The Dow Jones Industrial Average fell 22.50 (0.15 percent) to 15,082.62.   The broad-based S&P 500 dropped 6.02 (0.37 percent) to 1,626.67, snapping a string of five straight days of setting fresh closing records.   The tech-rich Nasdaq Composite Index gave up 4.10 (0.12 percent) to 3,409.17.   The losses came on a day of mixed earnings reports and coincided with the US dollar breaching a key trading level against the yen, topping 100 yen for the first time in four years.   "In the final 90 minutes of the session, equiti...

Keep on reading: US stocks fall, snapping streak of records

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