Thursday, October 20, 2011

Dow Jones Drops 72 Points In Volatile Trading

Wall Street recap: Dow Jones drops 72 points in volatile trading
The Dow Jones rose as much as 57 points in early trading, in line with stronger close of European markets.

However, losses were piling up at the final hours as the Dow Jones ended 72 points lower after a tepid September Beige report on the economy and following news of persistent splits on the European Financial Stability Facility (EFSF) size by France and Germany ahead of a key EU summit this weekend. Sentiment was also dampened by disappointing earnings from heavyweight Apple.

Daily Dow Jones Continue Its Sideways Consolidation


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