Tuesday, September 2, 2008

9/2/08 - Stocks Fall Slightly on Bad Economic News

The Dow fell 26.63 to close at 11,516; the S&P 500 dropped 5.25 to close at 1,277.58 and the NASDAQ closed at 2,349.24 down 18.28. Oil prices fell 5.78 to close at 109.71. The dollar gained .0087 against the Euro so that one Euro buys $US Dollar 1.45624. July construction spending continued its poortrend and the manufacturing sector continues to contract. That's it from the deep south for today.