US Stocks Fall

Posted June 6th, 2011 at 12:55 pm (UTC-5)
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U.S. stock market indexes fell in Monday's midday trading. The Dow Jones Industrial Average dropped one-tenth of a percent, the S&P 500 slid four-tenths of a percent and the NASDAQ was off three-tenths of one percent.

European stock markets were mixed at the close of trading. London's Financial Times 100 index rose one-tenth of a percent to finish at 5,863. The CAC-40 in Paris moved down seven-tenths of a percent to end at 3,863 and the DAX in Frankfurt dropped three-tenths of one percent to hit 7,085.

Earlier in Asia, Tokyo's Nikkei index fell 1.2 percent to close at 9,380. Hong Kong markets were closed for a holiday.

The price of gold rose more than $8 to trade at $1,550.90 an ounce.

The dollar was lower against the yen but gained value compared to the euro.