Skip to comments.US STOCKS SNAPSHOT-Indexes add to losses on US home sales data
Posted on 03/23/2011 7:20:35 AM PDT by mlocher
US STOCKS SNAPSHOT-Indexes add to losses on US home sales data REUTERS 2 MINUTES AGO NEW YORK, March 23 (Reuters) - U.S. stocks slightly added to losses on Wednesday as new home sales plunged to a record low in February.
Wall St had opened lower as concerns over debt issues in the euro zone, Japan's nuclear crisis and violence in the Middle East and North Africa persisted.
The Dow Jones industrial average was down 22.90 points, or 0.19 percent, at 11,995.73. The Standard & Poor's 500 Index was down 6.85 points, or 0.53 percent, at 1,286.92. The Nasdaq Composite Index was down 13.26 points, or 0.49 percent, at 2,670.61.
(Reporting by Ryan Vlastelica)
Annualized sales at 250k. Freakin' wow!
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.