Thứ Sáu, 15 tháng 3, 2013

US stocks fall after 10-day winning streak

US stocks fell on Friday, bringing the Dow's 10-day winning streak to a halt as a decline in a key consumer sentiment index highlighted continuing weaknesses in the economy.

Trade was heavy in banks after the Fed completed its stress tests and capital plan reviews, and as a Senate committee report blasted JPMorgan Chase for how it handled its massive "London Whale" losses last year.

At the close, the Dow Jones Industrial Average was down 26.57 points (0.18 per cent) to 14,512.57, the first time in nine days it did not finish at an all-time record.

The broad-based S&P 500 lost 2.59 (0.17 per cent) at 1,560.64, after having pushed higher on Thursday to a tantalising three points short of its all-time high.

The tech-heavy Nasdaq Composite dropped 9.86 (0.30 per cent) to 3,249.07.


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