Thursday 23 May 2013

INQUIRER.net: US stocks end slightly lower after Asia, Europe rout

INQUIRER.net
Philippine News for Filipinos
US stocks end slightly lower after Asia, Europe rout
May 23rd 2013, 22:36

NEW YORK—US stocks finished slightly lower Thursday, little-affected by a sharp selloff in Asian and European markets led by the 7.3 percent plunge of Japan's Nikkei 225 index.   The Dow Jones Industrial Average fell 12.67 (0.08 percent) to 15,294.50. The Dow rallied after opening sharply lower and hitting an inter-session low of 15,180.   The broad-based S&P 500 followed a similar trajectory, losing 1.1 percent in opening trade but closing at 1,650.51, off 4.84 (0.29 percent).   The tech-rich Nasdaq Composite Index ended 3.88 points lower (0.11 percent) at 3,459.42.   The losses were far more modest than in France, Britain, Germany a...

Keep on reading: US stocks end slightly lower after Asia, Europe rout

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