US Stocks Fall

Posted June 6th, 2011 at 10:50 am (UTC-5)
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U.S. stock market indexes fell in Monday's early trading. The Dow Jones Industrial Average dropped two-tenths of a percent, the S&P 500 slid four-tenths of a percent and the NASDAQ was off one-tenth of a percent.

European stock markets were mixed in afternoon trading. London's Financial Times 100 index rose two-tenths of a percent, the CAC-40 in Paris moved down seven-tenths of a percent, and the DAX in Frankfurt dropped four-tenths of a percent.

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 $9 to trade at $1,551.75 an ounce.

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