Friday, October 10, 2014

Wall Street falls, Dow in negative territory for 2014

NEW YORK: US stocks fell on Friday, with the Dow ending in negative territory for the year and the S&P 500 and Nasdaq posting their worst weeks since May 2012.

Technology shares led the day's decline after a chipmaker warned of a major pullback in the industry.

Based on the latest available data, the Dow Jones industrial average fell 115.15 points, or 0.69 per cent, to 16,544.1, the S&P 500 lost 22.08 points, or 1.15 per cent, to 1,906.13 and the Nasdaq Composite dropped 102.10 points, or 2.33 per cent, to 4,276.24.

Source : economictimes

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