Sunday, September 1, 2013

U.S. stocks fall as case against Syria made



MarketWatch (31/8) NEW YORK — U.S. stocks declined on Friday, with the Dow industrials and S&P 500 readying to close their worst month since May 2012, as Wall Street considered a possible U.S. strike against Syria.
Major indexes headed to weekly and monthly losses. The Dow Jones Industrial Average declined as much as 77 points, and was lately down 19.82 points, or 0.1%, to 14,821.13, a level that positions it for a 1.3% drop on the week and down 4.4% for the month.
Consumer discretionary fed sector declines and consumer staples and energy were the sole advancing sectors among the 10 major industry groups on the S&P 500 index, which was off 2.67 points, or 0.2%, at 1,635.50, down 1.7% for the week and off 3% for the month. The Nasdaq Composite fell 28.10 points, or 0.8%, to 3,592.20. It’s looking at a weekly slide of 1.7% and 0.9% drop for the month.
 

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