Dow Falls Again After Positive Start To Week
After the Dow began the week gaining over 200 points, it's dropped nearly 600 points in the last 2 days alone. Mark Lasseigne tells you what's going on in Wall Street.
- Wall Street ended a week of unsettling economic data, recession fears, and continuing troubles in Europe.
- Dow Jones Industrial Average again lower, dropping 173 points to 10,818.
- Hewlett-Packard was by far the Dow's biggest decliner, tumbling 20% to a six-year low as investors fretted about the world's largest personal-computer maker's extensive plans to reshape its business model.
- McDonald's helped to keep the Dow's losses in check, rising 1.9%, while Wal-Mart Stores gained 1.0%.
- Gold futures settled at another record of $1852 an ounce.
- Crude-oil futures closed at $82.26 a barrel.
- The U.S. dollar lost ground against both the euro and the yen.
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