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US market down after 2 day winning streak
- Filed under: Stock Market Crash, World Market
- Date: Dec 5,2008
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The two day green race came to an end today after the market closed in red. Dow Jones industrial average (INDU) ended down 215 points, it almost went to 312 points down.
>Standard & Poor’s 500 (SPX) index fell 2.9% and the
> Nasdaq composite (COMP) retreated 3.1%.
Market Movers
>Jobless claim is still worrying the market
>AT&T planning for job cuts
>Dow components Merck and DuPont guide EPS below expectations for 2009
>Retailers’ November same-store sales hit the wires
