February 04, 2010 at 16:30 PM EST
Gloom Rules Wall Street as Equities Drop to Three-Month Lows
Stocks suffered sharp declines Thursday amid weak jobs data , European debt fears and some disappointing earnings outlooks. Jittery investors scrambled out of equities and commodities and back into safe havens such as Treasurys and the dollar ahead of Friday's key unemployment report. The blue-chip Dow Jones Industrial Average ( $INDU ) fell 268 points, or 2.6%, to 10,002, while the broader S&P 500 ( $INX ) shed 34 points, or 3.1%, to close at 1,063. The tech-heavy Nasdaq Composite ( $COMPX ) declined 65 points, or 3%, to settle at 2,125. Continue reading Gloom Rules Wall Street as Equities Drop to Three-Month Lows Gloom Rules Wall Street as Equities Drop to Three-Month Lows originally appeared on DailyFinance on Thu, 04 Feb 2010 16:30:00. Filed Under: Investing Permalink | Tweet this! | Comments
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