Marketing
U iščekivanju payroll reporta
Google srušio indexe//iščekivanje sutrašnjeg (petak, 10. ožujak '06) izvještaja o broju novozaposlenih
NEW YORK, March 9 (Reuters) - U.S. stocks slipped on Thursday as the Nasdaq Composite Index registered its sixth straight day of losses, hurt by a drop in the shares of Web search company Google Inc.
Investors took cautious positions before Friday's U.S. payroll report, which could influence the Fed to keep raising interest rates.
The Dow Jones industrial average <.DJI> was down 33.46 points, or 0.30 percent, to end at 10,972.28.
The Nasdaq Composite Index <.IXIC> dropped 17.74 points, or 0.78 percent, to 2,249.72 -- marking its sixth day of closing lower, its longest losing streak in 14 months.
Earlier this week, stocks and bonds fell worldwide because of worries that the Bank of Japan, the Federal Reserve and the European Central Bank might all be on the verge of raising interest rates, stalling global economic growth.
Japan's central bank would leave interest rates unchanged for now.
Trading was light on the New York Stock Exchange, where decliners beat advancers by about 9 to 7. About 1.55 billion shares changed hands on the Big Board, below the 1.62 billion daily average for last year.
On Nasdaq, decliners outnumbered advancers by a ratio of about 3 to 2.
Volume was brisk on the Nasdaq, with about 2.0 billion shares traded, topping the 1.8 billion daily average last year.
Post je objavljen 09.03.2006. u 23:03 sati.