67°
Baton Rouge, Louisiana
3 Day Outlook
Sat
93°
70°
0%
Sun
93°
70°
0%
Mon
91°
71°
10%

Latest Weather Blog

Follow our weather team on social media

Stocks continue to spiral down for a fifth day

3 years ago April 10, 2012 Apr 10, 2012 Tuesday, April 10 2012 Tuesday, April 10, 2012 10:05:32 AM CDT in News
Source: Associated Press

NEW YORK- Stocks are sliding on disappointing news about the U.S. economy, extending a losing streak that could turn into the year's longest so far.

The Dow Jones industrial average is down 88 points to 12,842 at midday. The broader Standard & Poor's 500 is down 10 points to 1,372. The Nasdaq is down 19 points to 3,028.

The National Federation of Independent Businesses said its index of small-business optimism fell after six months of gains. U.S. wholesalers reported that they restocked shelves at a slower pace at the beginning of the year.

If the market closes down again Tuesday it will be the fifth day of losses for the Dow and S&P, the longest streak of the year so far.

Best Buy fell 2 percent after its CEO resigned.

More News

comments powered by Disqus

Desktop News

Click to open Continuous News in a sidebar that updates in real-time.
Radar
7 Days