News and Analysis Everyday Contact our Licensing Department Today

U.S. markets finish day with fall


Published: March 27, 2008 at 4:28 PM
Print story
Email to a friend
Font size:
NEW YORK, March 27 (UPI) -- U.S. markets held steady for most of Thursday, then fell hard in the late afternoon on drops in technical and financial stocks.

The Dow Jones industrial average ended the day 120.40 points in the red, down 0.97 percent to 12,302.46. The Standard & Poor's 500 index fell 1.15 percent, down 15.37 points to 1,325.76.

The Nasdaq composite also declined, down 43.53 points to 2,280.83, off 1.87 percent.

On the New York Stock Exchange 1,172 stocks advanced and 1,965 declined on volume of 1.427 billion shares traded.

The 10-year U.S. Treasury note lost 21/32 to yield 3.543 percent.

The dollar gained. The euro traded at $1.5765 from Wednesday's $1.5832, while the dollar traded at 99.78 yen from Wednesday's 99.33 yen.

In Tokyo, the Nikkei average dropped 102.05 points to 12,604.58, down 0.8 percent.

In London, the FTSE 100 index gained 39.20 points to 5,699.60, up 0.69 percent.

© 2008 United Press International. All Rights Reserved.
This material may not be reproduced, redistributed, or manipulated in any form.
Print story
Order reprints
Email to a friend
Post comment
See Also:
» Next in Business: Oil prices up Thursday on supply concerns