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Unread 08-16-2010, 07:46 AM
gnutrade.satya gnutrade.satya is offline
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Smile US stocks NASDAQ & S&P ended on a negative note

US stocks like NASDAQ & S&P ended on a negative note for third consecutive day on friday as economic data gave little reason to reverse a string of sell-offs.
Steven Baffico, senior managing director at Claymore Securities in Lisle, Illinois said: "We've seen a succession of bad news this week that was punctuated by the Fed's comments, so while we have some semblance of self-sufficiency, it's clear we'll be in a slow-growth period for a long time."
The Dow Jones Industrail average slipped 16.80 points to 10,303.15. The S&P 500 Index dropped 4.36 points to 1,079.25. The NASDAQ Composite Index tumbled 16.79 points to 2,173.48.
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