Monday, January 12, 2009

Wall St ends lower; Dow down 143.28 points & Asia trading lower; Hang Seng, Shanghai slip

December job report shows that 520,000 jobs lost in the month. Unemployment rate surged to 7.2% in December versus 6.8% in November.The Dow Jones industrial average dropped by 1.64 % or 143.28 points to settle at 8,599.18. The S&P 500 index slid by 2.13 % or 19.38 points to 890.35, while the Nasdaq composite index fell by 2.81% or 45.42 points to 1,571.59.

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