US Stock Markets Fall

Posted August 1st, 2011 at 4:30 pm (UTC-5)
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U.S. stock market indexes declined in Monday's trading after a report on U.S. manufacturing apparently disappointed investors.

The Dow Jones Industrial Average was off one-tenth of a percent to finish at 12,132. The S&P 500 lost four-tenths of a percent to end at 1,287 and the NASDAQ slid four-tenths of a percent to close at 2,745.

European stock markets fell sharply by the close of trading. London's Financial Times 100 index lost seven-tenths of a percent to hit 5,774. The CAC 40 in Paris moved down 2.3 percent to end at 3,588, while the DAX in Frankfurt lost 2.9 percent to 6,954.

Earlier Monday in Asia, Tokyo's Nikkei index jumped 1.3 percent to close at 9,965. Hong Kong's Hang Seng index climbed 1 percent to end at 22,663.

The price of gold fell nearly $9 to trade at $1,618.20 an ounce.

The dollar was higher against the yen and the euro.