Wall Street extends its slide to a second day
by STEVE ROTHWELL,AP Business Writer
Nov 08, 2012 | 1367 views | 0 0 comments | 4 4 recommendations | email to a friend | print
NEW YORK (AP) — Stocks are falling sharply at the close of trading on Wall Street, extending a slump into a second day as investors worry about the potential for gridlock in Washington.

The Dow Jones industrial average lost 121 points to close at 12,811, bringing its two-day loss to 434 points.

The Dow plunged 313 on Wednesday as worries about Europe's faltering economy and a looming showdown in the U.S. over fiscal policy came back into focus now that the presidential election had been decided.

The Standard & Poor's 500 index fell 17 points to end at 1,378 and the Nasdaq composite lost 42 points to end at 2,896.

Nearly three stocks fell for every one that rose on the New York Stock Exchange. Volume was 3.7 billion, higher than the recent average.
Share This Article |
similar stories

Wall that once divided races in Detroit remains, teaches | 20 days ago by JEFF KAROUB,Associated Press

Ga. owned a piece of Chattanooga a century ago | 18 days ago by PAM SOHN, The Chattanooga Times Free Press

Weak earnings prospects hold back stocks | 27 days ago by STEVE ROTHWELL,AP Markets Writer

Stock indexes flip between gains and losses | 1 day 1 hr ago

Stocks edge higher; IBM pulls up the Dow | 21 days ago by MATTHEW CRAFT,AP Business Writer

Comments
(0)
Comments-icon Post a Comment
No Comments Yet
Postings are not edited and are the responsibility of the author. You agree not to post comments that are abusive, threatening or obscene. Postings may be removed at our discretion.