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Home International Markets

US stocks end slightly lower, Dow Jones dips 27pts

byCustoms Today Report
03/07/2015
in International Markets
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NEW YORK: U.S. stocks are ending slightly lower as investors reacted to news that Greece’s finances are deteriorating and a mixed report on the job market.

Investors drove bond prices higher Thursday in a bet that the Federal Reserve will be in no hurry to raise interest rates.

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Stocks ended the week down more than 1 percent, the worst weekly loss in three months.

The Dow Jones industrial average fell 27 points, or 0.2 percent, to 17,730.

The Standard & Poor’s 500 index slipped a point, less than 0.1 percent, to 2,076. The Nasdaq composite fell three points, or 0.1 percent, to 5,009.

The yield on the 10-year Treasury note fell to 2.38 percent.

 

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