четверг, 15 марта 2012 г.

Dow Falls Another 200, Gains Most Back

NEW YORK - Wall Street tried to stage a comeback Thursday, with the Dow Jones industrials erasing much of an earlier 209-point drop after a stronger-than-expected reading of the Institute for Supply Management's assessment of manufacturing activity in February. In the first hour of trading, the Dow Jones industrial average was down 80.59, or 0.66 percent, at 12,188.04.

Broader stock indicators also fell. The Standard & Poor's 500 index was down 8.43, or 0.60 percent, at 1,398.39, and the Nasdaq composite index was down 22.11, or 0.92 percent, at 2,394.04.

Investors showed their relief about manufacturing by buying some of the stocks that were pummeled in Tuesday's …

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