U.S. stocks end mixed on financials' gloomy outlook
2008-05-14 03:18:37 GMT 2008-05-14 11:18:37 (Beijing Time) Xinhua English
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NEW YORK, May 13 (Xinhua) -- U.S. stocks finished mixed Tuesday with renewed concerns about the financial sector weighing on the broad market.
The major indexes slumped for much of the day, with financials greasing the slide, after Federal Reserve Chairman Ben Bernanke described financial markets as "far from normal."
The Dow Jones Industrial Average ended at 12,832.18, off 44.13 points. The S&P 500 Index lost 0.54 points to settle at 1,403.04, with financials fronting its declining sectors. The Nasdaq gained 6.63 points to 2,495.12.
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