The Himalayan Times : Wall Street turns negative as early gains fade - Detail News : Nepal News Portal

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Wall Street turns negative as early gains fade

   
  

Reuters

REUTERS


NEW YORK: Stocks erased early morning gains and turned negative, weighed down by declines in the materials and telecom sectors.


The Dow Jones industrial average dropped 21.92 points, or 0.17 percent, to 13,055.42. The Standard & Poor's 500 Index lost 1.81 points, or 0.13 percent, to 1,406.94. The Nasdaq Composite Index shed 2.31 points, or 0.08 percent, to 2,979.38.


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