Home > Business/Markets > Nasdaq falls 1 percent

Nasdaq falls 1 percent

Wed Sep 22, 2010 11:40am EDT

NEW YORK (Reuters) – Wall Street fell on Wednesday, with the Nasdaq down 1 percent, as concerns about the economy resurfaced after a Fed statement and a weak outlook from Adobe Systems Inc (ADBE.O) weighed on technology stocks.

The Dow Jones industrial average .DJI dropped 38.90 points, or 0.36 percent, to 10,722.13. The Standard & Poor’s 500 Index .SPX dropped 6.61 points, or 0.58 percent, to 1,133.17. The Nasdaq Composite Index .IXIC dropped 21.04 points, or 0.90 percent, to 2,328.31.

(Reporting by Edward Krudy; editing by Jeffrey Benkoe)

BACK to margotbworldnews.com

Categories: Business/Markets
  1. No comments yet.
  1. No trackbacks yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

%d bloggers like this: