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Wall Street Sees Moderate Losses Amid Slew Of Market Concerns
Friday March 19, 2010 16:33:00 EDT
(RTTNews) - Stocks closed lower by moderate margins on a quadruple witching Friday, as some profit taking along with overseas inflation and credit concerns prompted a pullback. The major averages all closed in negative territory, moving off of the more than one-year highs reached this week.
Despite the pullback, the major averages all saw gains on the week, with the Dow and the S&P 500 advancing by 1.1 percent and 0.9 percent, respectively, while the Nasdaq edged up by 0.3 percent.
With no first-tier economic data today, news from the Reserve Bank of India grabbed market attention, as the institution announced that it is raising its key interest rates by 25 basis points to battle inflation, which reached a sixteen-month high according to data released earlier in the (continued...)
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Sunday March 21, 2010
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Saturday March 20, 2010
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Global Market News
Sunday March 21, 2010
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Friday March 19, 2010
- European Stocks Close Mostly Lower Following Afternoon Weakness - European Commentary
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10:56:00 EDT - Indian Central Bank Raises Rates
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Industry News
Friday March 19, 2010
- TSX Closes Below 12K As Commodity Stocks Slump
17:20:00 EDT - Stocks Post Moderate Losses Amid Slew Of Market Concerns - U.S. Commentary
16:30:00 EDT - Major Averages Close Lower For The Session But Up For The Week
16:14:00 EDT - European Stocks Close Mostly Lower Following Afternoon Weakness - European Commentary
15:03:00 EDT - Stocks Stuck In Negative Territory In Mid-Afternoon Trading - U.S. Commentary
14:43:00 EDT - TSX Heads For Weekly Loss
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Major Indices
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| Desc | Last | Change (%) | |
| DOW | 10,741.98 | -37.19 (-0.34502%) | |
| NASDAQ | 2,374.41 | -16.87 (-0.70548%) | |
| S&P 500 | 1,159.90 | -5.93 (-0.50865%) | |
| Russell 2000 | 673.89 | -7.72 (-1.13261%) | |
| DOW Transports | 4,373.73 | -48.77 (-1.10277%) | |
| DOW Utilities | 381.80 | -0.32 (-0.08374%) | |
General News
Sunday March 21, 2010
Saturday March 20, 2010
Friday March 19, 2010
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