Archive for March, 2010
Still Worried European, U.S. Stocks Weakens
U.S. stocks end mostly lower in choppy trade on Tuesday (05/11/2010), as investors worry about bailout plan (bailout) for the massive potential impact of the euro zone and Europe in the global economic recovery.
The Dow Jones Industrial Average ended down up and down before 36.88 points (0.34 percent) at 10748.26 at the close of the market.
Then the NASDAQ composite index rose struggled thin 0.64 points (0.03 percent) at 2375.31, while the market index Standard & Poor’s 500 fell 3.95 points (0.34 percent) to 1155.78.
Wall Street stumbled following the losses on Asian and European stock markets on the back of strong rally on Monday sparked by the launch of the euro zone rescue plan by the European Union and the International Monetary Fund to ward off the debt crisis.