Get 40% Off
🚨 Volatile Markets? Find Hidden Gems for Serious OutperformanceFind Stocks Now

Dow Jones: Drops 0.69% Taking A Beating On Global Growth Concerns

Published 10/13/2014, 02:31 AM
Updated 04/25/2018, 04:40 AM

Dow Jones

At the close of U.S. trading, the Dow 30 fell 0.69%.U.S. stocks tumbled on Friday, with the Dow Jones giving back 2014's gains amid a tech sell off and concerns a global slowdown will water down U.S. earnings. U.S. stocks drop on tech sell off, global growth woes; Dow drops 0.69% Stocks take a beating on global growth concerns, semiconductor maker's profit warning Wall Street stocks continued to take a beating on fears softening European and Asian economies could slow U.S. business concerns overseas. In the U.S. earlier, data revealed that import prices fell 0.5% in September from August, better than market calls for a 0.7% contraction, though still a decline nonetheless, a sign a stronger dollar and a softer global economy could hurt U.S. businesses with overseas exposure. Leading Dow Jones Industrial Average performers included Coca-Cola Enterprises Inc (NYSE:CCE) up 1.39%, Procter & Gamble Company (NYSE:PG), up 1.23%, and Walt Disney Company (NYSE:DIS), up 0.67%.

Dow Jones Hour Chart

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.