Stocks Under Pressure

By: Associated Press
By: Associated Press

NEW YORK (AP) -- Stock prices are down in light trading at midday on Wall Street.

The Dow Jones industrial average is down 90 points at 8,424. Decliners on the New York Stock Exchange hold a seven-to-three lead over advancers.

The NASDAQ Composite Index has lost 27 points at 1,502.

And the Standard-and Poor's 500 Stock Index is down 11 points to 861.

Trading on the New York Stock Exchange during the first two hours totaled 996 million shares. Volume on the NASDAQ Market came to 383 million shares.

Stock prices have headed lower to begin another holiday-shortened trading week.

Oil has risen as traders react to the conflict between Israel and Gaza's Hamas rulers, which has raised tensions in the Middle East. Light, sweet crude was recently trading at $38 a barrel on the New York Mercantile Exchange.

This is a slow week for economic reports. Tomorrow, the Conference Board is to release the monthly index of consumer confidence.


KKTV firmly believes in freedom of speech for all and we are happy to provide this forum for the community to share opinions and facts. We ask that commenters keep it clean, keep it truthful, stay on topic and be responsible. Comments left here do not necessarily represent the viewpoint of KKTV 11 News.

If you believe that any of the comments on our site are inappropriate or offensive, please tell us by clicking “Report Abuse” and answering the questions that follow. We will review any reported comments promptly.

powered by Disqus
KKTV 520 E. Colorado Colorado Springs, CO 80903 Office: (719) 634-2844 Fax: (719) 632-0808 News Fax: (719) 634-3741
Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 36832129 - kktv.com/a?a=36832129
Gray Television, Inc.