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Last updated: June 11. 2013 4:45PM - 670 Views
Associated Press



Traders Kevin Lodewick, left, and Fred DeMarco work on the floor of the New York Stock Exchange Tuesday, June 11, 2013. Stocks are falling in early trading on Wall Street, following global markets lower after the Bank of Japan declined to take further action to shore up that country's financial system. (AP Photo/Richard Drew)
Traders Kevin Lodewick, left, and Fred DeMarco work on the floor of the New York Stock Exchange Tuesday, June 11, 2013. Stocks are falling in early trading on Wall Street, following global markets lower after the Bank of Japan declined to take further action to shore up that country's financial system. (AP Photo/Richard Drew)
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(AP) Stocks are ending lower after a volatile day as investors position themselves for less economic stimulus from central banks.


The Dow Jones industrial average fell 116 points to close at 15,122 Tuesday, a loss of 0.8 percent. The index moved up and down sharply during the day.


A key focus was a decision by the Bank of Japan to stand pat on stimulus. The Federal Reserve is also expected to slow its program.


The Standard & Poor's 500 fell 16 points to 1,626, a loss of 1 percent. The Nasdaq fell 36 points to 3,436, or 1.1 percent.


Lululemon fell after saying its CEO would leave.


Six stocks fell for every one that rose on the New York Stock Exchange. Volume was lighter than average at 3.3 billion shares.


Associated Press
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