Bank Of Baku

US indices decline

US indices decline
# 28 October 2008 08:21 (UTC +04:00)
Baku. Vahab Rzayev - APA-Economics. U.S. stocks finished Monday’s volatile session sharply lower, with the Dow Jones industrial average closing at its lowest level in five and a half years.
The Dow fell 203.18, or 2.42 percent, to 8,175.77 after earlier rising by as many as 220 points.
The Standard & Poor’s 500 index fell 27.85, or 3.18 percent, to 848.92, and the Nasdaq composite index fell 46.13, or 2.97 percent, to 1,505.90.
In Europe, Britain’s FTSE 100 fell 0.79 percent, Germany’s DAX index rose 0.91 percent, and France’s CAC-40 declined 3.96 percent.
Light, sweet crude fell 93 cents to settle at $63.22 a barrel on the New York Mercantile Exchange.
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