U.S. stocks end lower; Dow backs off record highs once again
4:30 pm ET Oct 2, 2006
DJIA
11,670
-8.72
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S&P
1,331
-4.53
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NASDAQ
2,237
-20.83
---------
10Yr
4.62%
-0.015
U.S. stocks end lower; Dow backs off record highs once again
NEW YORK -- U.S. stocks ended lower Monday, with weakness in technology
shares pacing the decline, while the Dow Jones Industrial Average once
again backed off record highs amid a disappointing sales outlook from
Wall-Mart Stores Inc.
-------------
Futures Movers: Oil ends with 3% loss as hefty supplies offset
output-cut pledges
SAN FRANCISCO -- Crude-oil futures fell 3% Monday to close at a
four-session low, with traders convinced that even if Venezuela and
Nigeria cut their oil production as promised by a total of some 170,000
barrels per day, that won't put a dent in hefty supplies of crude and
its products.
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