Market ends down with financial, tech shares
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Thu, 27 Mar 2008 20:09:09 GMT |
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Reuters |
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NEW YORK (Reuters) - Stocks ended lower on Thursday as nervousness about further write-downs knocked down financial shares and weaker-than-expected revenue from Oracle Corp fueled concerns about tech sector spending.Based on the latest available data, the Dow Jones industrial average <.DJI> fell 120.16 points, or 0.97 percent, to end unofficially at 12,302.70. The Standard & Poor's 500 Index <.SPX> was down 15.36 points, or 1.15 percent, at 1,325.77. The Nasdaq Composite Index <.IXIC> was down 43.53 points, or 1.87 percent, at 2,280.83.(Reporting by Caroline Valetkevitch; Editing by Jan Paschal) (c) Reuters 2008. All rights reserved. Republication or redistribution of Reuters content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Reuters. Reuters and the Reuters sphere logo are registered trademarks and trademarks of the Reuters group of companies around the world.
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