KKTV - Economy - Headlines

US Stocks Slide On Economic Tremors From Europe

By: AP
Posted: Mon 3:15 PM, Apr 23, 2012
AP

AP

NEW YORK (AP) -- Worrying news out of Europe is sending stocks sharply lower at the close of trading.

The Dutch government collapsed Monday, a day after French President Nicolas Sarkozy lost the first round of that country's presidential election. A new report showed that European government debt is piling up despite severe budget cuts.

The Dow Jones industrial average lost 102 points to close at 12,927. Wal-Mart Stores had the biggest drop of any Dow stock after a report said the company shut down an investigation into bribery by executives at its Mexican unit.

The Standard & Poor's 500 index lost 12 points to 1,367. The Nasdaq fell 30 points to 2,970.

Three stocks fell for every one that rose on the New York Stock Exchange. Trading volume was light at 3.6 billion.


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

Live Traffic Conditions


Follow Me on Pinterest

KKTV Latest Blogs

Resolution FAQ - (Stacia Naquin)

Updated: 05/14/2013 - I'm still focused on meeting my goal of doing a pull-up. And I'm almost there! But I'm always getting this question:

FIT LIFE: You're Never Too Old - (Stacia Naquin)

Updated: 04/09/2013 - Admittedly, there are days that I just don’t feel like working out. But then I met Viola. And if she can make working out a priority at 99, then none of us have any excuses! Here's how she's living a FIT LIFE:

More KKTV Latest Blogs

KKTV 3100 North Nevada Colorado Springs, CO 80907 Office: (719) 634-2844 Fax: (719) 632-0808 News Fax: (719) 634-3741
Gray Television, Inc. - Copyright © 2002-2013 - Designed by Gray Digital Media - Powered by Clickability
User Agent: CCBot/2.0 - 148581795