Wall Street Sign
loading...

Wall Street falls with more uncertainty form Europe as the Dow Jones Industrial Average falls 61  points. Mark Lasseigne has your market report on today's Acadiana Business Index.

 

 

 

 

 

 

 

 
  • Traders largely ignored the U.S. government's snapshot of the labor market, which showed modest job creation in October. The gains made only a small dent in the unemployment rate, which edged down to 9% in September.
 
  • Financial stocks led the way lower. Bank of America was the steepest decliner in theblue-chips, shedding 6.1%, to $6.49.
 
  • Online-deals purveyor Groupon surged 31%, to 26.11, in its initial public offering.
 
  • AIG lost 2.9%, to 23.91, after the insurer reported a wider-than-expected third-quarter loss.
 
  • And American Airlines reported moderately lower traffic in October as it flew fewer planes with fewer passengers. Shares dropped 5.8%, to 2.45.
 
  • Crude oil settled higher to $94.26 a barrel.
 
  • And Gold closed at $1,756 an ounce.

 

 

More From News Talk 96.5 KPEL