Monday 24 June 2013

INQUIRER.net: US stocks sink on China concerns

INQUIRER.net
Philippine News for Filipinos
US stocks sink on China concerns
Jun 25th 2013, 00:31

NEW YORK—US stocks Monday ended the day decisively lower on concerns about the Chinese economy but rallied well above their intraday lows as US Treasury yields retreated.   The Dow Jones Industrial Average sank 139.84 (0.94 percent) to 14,659.56.   The broad-based S&P 500 tumbled 19.34 (1.21 percent) to 1,573.09, while the tech-rich Nasdaq Composite Index gave up 36.49 (1.09 percent) at 3,320.76   Stocks opened firmly lower amid concerns about the Chinese economy. But the indices all came back from their intraday losses, with the Dow finishing more than 100 points above its low.   The yield on the 10-year US Treasury stood at 2.55 per...

Keep on reading: US stocks sink on China concerns

Media files:
wall-st.png (image/jpeg)
You are receiving this email because you subscribed to this feed at blogtrottr.com.

If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions

No comments:

Post a Comment