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Dow Begins Week In The Red – Acadiana Business Index

Wall Street
(Photo by Spencer Platt/Getty Images)

Markets finished in the red, albeit off of their worst levels. Ken Meyers has the latest on Wall Street in Monday’s Acadiana Business Index.

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  • The Dow Jones Industrial Average gave up 103 points to 12,926 after being down as many as 183 points in early action.
  • The S&P 500 shed 12 points to 1367 and the Nasdaq lost 30 points to finish at 2970.
  • Stocks traded lower throughout the session after a contraction in Chinese and Eurozone manufacturing heightened concerns over global growth.
  • In other news, shares of Wal-Mart fell $2.91 to $59.54 after the company announced it would investigate allegations that Walmex representatives bribed government officials in Mexico.

For more of what happened on the markets today, click Ken’s Market Report.

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