US Stocks Fall in Early Trading Monday

Posted September 12th, 2011 at 10:15 am (UTC-5)
Leave a comment

U.S. stock indexes slid in early trading Monday, following bigger losses on key exchanges in Asia and Europe.

The Dow Jones Industrial Average of 30 key stocks is off one percent, while the broader S&P 500 is down nine-tenths of one percent. The technology-laden NASDAQ is down six-tenths of a percent.

European stock markets are sharply lower in afternoon trading Monday.

London's Financial Times 100 index is down 2.4 percent, while the CAC-40 in Paris is off 4.5 percent. The DAX in Frankfurt slid 3.4


In Asia, Tokyo's Nikkei index dropped 2.3 percent to close at 8,536.

Hong Kong's Hang Seng index plunged 4.2 percent to end at 19,031.

Gold was trading down $21.80 at $1,833.90 an ounce.

The U.S. dollar was trading higher against the euro, but down against the yen.