U.S. Stocks Rise on Data, Swoon Again
Reuters reports a brief rise in a choppy trade on Wednedsday, then resumes slide.
A recovery in shares of energy companies, including Exxon Mobil, and natural resource companies also added to the brief bounce.
Concerns that the global economy may be slowing and threatening the profit outlook soon held sway and drove indexes back into the red.
The Dow Jones industrial average .DJI was down 29.47 points, or 0.26 percent, at 11,487.45. The Standard & Poor's 500 Index .SPX was down 3.16 points, or 0.25 percent, at 1,274.42. The Nasdaq Composite Index .IXIC was down 5.85 points, or 0.25 percent, at 2,343.39. (Reporting by Ellis Mnyandu; Editing by Kenneth Barry)
From Reuters.com |
