среда, 14 марта 2012 г.

Dow tumbles 32.67 as 2nd qtr. begins

Stock prices tumbled Monday, getting off to an uninspired starton the second quarter of 1991.

The Dow Jones industrial average dropped 32.67 to 2,881.19.Declining issues outnumbered advances by about 3-to-2 in nationwidetrading of New York Stock Exchange-listed stocks, with 637 up, 979down and 445 unchanged. Volume was 144.01 million shares, against150.75 million in the previous session.

As traders returned from the long Easter and Passover weekend,they were confronted with evidence that the economy turned in aslightly improved, but still weak, performance in March.

A group of corporate purchasing executives said its index stoodat 40 percent in March, up …

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