» Subscribe Today!
The Power of Information
Home
The Ledger - EST. 1978 - Nashville Edition
X

Forgot your password?
Skip Navigation LinksHome > Article
VOL. 37 | NO. 6 | Friday, February 08, 2013




Stocks head lower after jumping last week

Print | Front Page | Email this story

NEW YORK (AP) — U.S. stocks drifted lower in thin trading Monday, pulling the Standard & Poor's 500 index back from a five-year high.

The broad-market index edged up slightly last week, enough to put it at its highest level since November 2007.

With little in the way of market-moving news, the Dow Jones industrial average closed down 22 points to close at 13,971 on Monday. The S&P 500 slipped one point to 1,517 and the Nasdaq composite slipped two points to 3,192.

Apple's stock gained following reports over the weekend that the tech giant is developing a wristwatch-like gadget, a smart watch.

Fewer than three stocks fell for every two that rose on the New York Stock Exchange. Trading volume was thin at 2.7 billion shares versus the recent average of 3.5 billion.

Follow us on Facebook, Twitter & RSS:
Sign-Up For Our FREE email edition
Get the news first with our free weekly email
Name
Email  
TNLedger.com Knoxville Editon
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 0 0 0
MORTGAGES 0 0 0
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 0 0 0
BANKRUPTCIES 0 0 0
BUSINESS LICENSES 0 0 0
UTILITY CONNECTIONS 0 0 0
MARRIAGE LICENSES 0 0 0