Mon, November 29, 2010
Business > Markets

Wall St tumbles as material shares weigh

2010-11-29 15:44:29 GMT2010-11-29 23:44:29 (Beijing Time)  SINA.com

NEW YORK – Major U.S. stock market indexes fell more than 1 percent on Monday, weighed by materials shares amid ongoing worries about Europe's ability to contain a credit crisis.

* The S&P 500 also traded below its 50-day moving average for the first time since early September.

* The Dow Jones industrial average (.DJI) dropped 152.73 points, or 1.38 percent, to 10,939.27. The Standard & Poor's 500 Index (.SPX) fell 14.51 points, or 1.22 percent, to 1,174.89. The Nasdaq Composite Index (.IXIC) shed 33.60 points, or 1.33 percent, to 2,500.96.

(Agencies)

Add Your Comments:

Your Name:
Your Country:
Comment:
(English Only)
 
Please read our Terms of Service. Messages that harass, abuse or threaten others; have obscene or otherwise objectionable content; have spam, commercial or advertising content or links may be removed.

You might also be interested in:

SPECIAL COVERAGE

MOST VIEWED

LATEST VIDEO

PICTURE GALLERY