Bourse

Bourse

US markets close low

13 January 2009 09:46 (UTC +04:00)

Baku. Vahab Rzayev - APA-Economics. The Dow Jones industrial average fell 125.21, or 1.46 percent, to 8,473.97 after being down as much as 178. It was the lowest close for the Dow since Dec. 24 and the blue chips are down 302 points for the year.
Broader stock indicators also declined. The Standard & Poor’s 500 index fell 20.09, or 2.26 percent, to 870.26, and the Nasdaq composite index fell 32.80, or 2.09 percent, to 1,538.79.
The FTSE 100 slipped 0.5% in London and the German DAX 30 dipped 0.3% in Frankfurt.
-- Crude oil fell for a sixth day in New York, extending a weeklong 25 percent slump on speculation oil inventories increased last week as demand declines amid the deepening global recession.