US STOCKS SNAPSHOT-Wall St ends lower for 5th straight session
NEW YORK Dec 28 (Reuters) - U.S. stocks fell for a fifth straight day on Friday, dropping 1 percent and marking the S&P 500's longest losing streak in three months as the federal government edged closer to the "fiscal cliff" with no solution in sight.
Based on the latest available data, the Dow Jones industrial average fell 158.20 points, or 1.21 percent, to finish unofficially at 12,938.11. The Standard & Poor's 500 Index dropped 15.67 points, or 1.11 percent, to close unofficially at 1,402.43. The Nasdaq Composite Index lost 25.59 points, or 0.86 percent, to end unofficially at 2,960.31.
For the week, the Dow and the S&P 500 each lost about 1.9 percent, while the Nasdaq dropped 2 percent.
- Tweet this
- Share this
- Digg this
- On eve of secession vote, UK's fate hangs on a divided Scotland |
- Analysis - Market calm over Scottish vote at odds with disaster warnings
- As many as 700 migrants feared drowned in Mediterranean
- UK earnings edge up, unemployment falls more than expected
- Gerrard lights up Anfield with last-gasp Liverpool winner