Tri-Cities Voice Newspaper - What's Happening - Fremont, Union City, Newark California

August 15, 2006 > A status report on Wall Street's major indexes

A status report on Wall Street's major indexes

Aug 11, 2006

by The Associated Press

Stocks fell modestly Friday, ending the week lower as concerns about an economic slowdown supplanted worries about Federal Reserve rate hikes.

Apple Computer Inc.'s announcement that it would have to restate its historic earnings due to stock option accounting problems hurt tech stocks. It's after-the-bell announcement that Nasdaq has told the company it is out of compliance with the exchange's listing requirements could color early trading Monday.

The Dow Jones industrial average fell 36.34, or 0.33 percent, to 11,088.03.

The Standard & Poor's 500 index fell 5.07, or 0.40, to 1,266.74.

The Nasdaq composite index fell 14.03, or 0.68 percent, to 2,057.71.

For the week:

The Dow lost 152.32, or 1.36 percent.

The S&P dropped 12.62, or 0.99 percent.

The Nasdaq fell 27.34, or 1.31 percent.

Where the indexes stand compared with their all-time highs, reached in early 2000:

The Dow is 634.95, or 5.42 percent, below its peak of 11,722.98 on Jan. 14, 2000.

The S&P is 260.72, or 17.07 percent, below its peak of 1,527.46 on March 24, 2000.

The Nasdaq is 2,990.91, or 59.24 percent, below its peak of 5,048.62 on March 10, 2000.

For the year:

The Dow is up 370.53, or 3.46 percent.

The S&P is up 18.45, or 1.48 percent.

The Nasdaq is down 147.61, or 6.69 percent.

About Us   Current Issues   Press Dates   Archived Issues   Ad Rates   Classifieds  
Shopping & Dining Guide   Local Events   Your Comments   Subscribe  

Tri Cities Voice What's Happening - click to return to home page

Copyright© 2005 Tri-City Voice
Advertise in What's Happening - A Guide to the Tri-City Area Return to Tri-City Voice Home Page E-mail the Tri-City Voice About the Tri-City Voice Read a current issue of the Tri-City Voice online Archived Issues of the Tri-City Voice Tri-City Voice Advertising rates Dining and Shopping in the Tri-City Area Events in the Tri-City area Tell us what you think Return to the Tri-City Voice Home Page Subscribe to the Tri-City Voice Press dates/Deadlines