Market Begins Week On Negative Note – Acadiana Business Index
Wall Street drops on a disappointing labor picture as the Dow Jones Industrial Average fell 131 points. Mark Lasseigne has the latest on what's happening on Wall Street on Monday's Acadiana Business Index.
In corporate news,
- Avis Budget slipped 3.1%. The car rental company said it was removing about 10,000 Ford Focus sedans from its fleet amid a safety recall. Ford Motor also fell.
- Light sweet crude settled at $102.46 a barrel.
- And, gold closed at $1,642 an ounce.