U.S. stock slump steepens along with euro’s

(MarketWatch) — U.S. stocks sunk further late Friday, with the Dow Jones Industrial Average off 320 points as investors sold euros and equities ahead of the weekend. “Some people are having a hard time stomaching it any more and are picking up their money and going elsewhere,” said Howard Ward, portfolio manager at the Gamco Growth Fund. The Dow Jones Industrial Average /quotes/comstock/10w!i:dji/delayed (DJIA 9,931, -324.06, -3.16%) was most recently off 318.39 points at 9,937.49. The S&P 500 Index /quotes/comstock/21z!i1:in\x (SPX 1,065, -37.95, -3.44%) shed 36.89 points to 1,065.94. The Nasdaq Composite /quotes/comstock/10y!i:comp (COMP 2,219, -83.86, -3.64%) declined 79.30 points to 2,223.73.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s