US Stocks Close Lower

Posted June 6th, 2011 at 4:35 pm (UTC-5)
Leave a comment

U.S. stock market were lower at closing Monday.

The Dow Jones Industrial Average dropped half of one percent to 12,090.

The S&P 500 fell one percent to 1,286.

The Nasdaq Composite Index also lost one percent to close at 2,703.

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 index in Paris moved down seven tenths of a percent to end at 3,863 and the DAX index in Frankfurt dropped three tenths of one percent to 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.

Gold settled at $1,546.50 per ounce, up $4.80 from Friday.

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