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Dow Finishes Below 12,000


wall st.jpgU.S. stocks slid to a three-month low, led by consumer and technology companies, as threats of increased violence in the Middle East pushed oil prices higher and analysts said demand for electronics may weaken.

The S&P 500 lost 24.90 points, or 1.9 percent, to 1,317.93. The Dow Jones Industrial Average dropped 220.4, or 1.8 percent, to 11,842.69. The Nasdaq Composite Index slid 55.97, or 2.3 percent, to 2,406.09. Six stocks fell for each that rose on the New York Stock Exchange.

(Bloomberg)

 



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