The Joplin Globe, Joplin, MO


September 10, 2012

Stocks end lower ahead of Fed meeting

NEW YORK — Stocks are ending lower on Wall Street as troubling economic news from China and the U.S. outweighed optimism about more stimulus from the Federal Reserve.

The Dow Jones industrial average closed down 52 points at 13,254 Monday. The Standard & Poor’s 500 slipped nine points to 1,429 and the Nasdaq composite fell 32 points to 3,104.

The stumble marks a pause in a rally last week that took the Dow and the S&P 500 to their highest levels in more than four years. The Federal Reserve meets on Wednesday and Thursday amid anticipation that the central bank will announce a third round of bond purchases.

Three stocks fell for every two that rose on the New York Stock Exchange. Trading volume was slightly lower than average at 3.2 billion shares.


Text Only

Amendment 8 in Missouri proposes a special lottery ticket to help fund state veterans homes. How will you vote?

For it.
Against it.
     View Results
Twitter Updates
Follow us on twitter
NDN Video
Power to Be Restored After Wash. Wildfire Crashed Air Algerie Plane Found in Mali Israel Mulls Ceasefire Amid Gaza Offensive In Case of Fire, Oxygen Masks for Pets Mobile App Gives Tour of Battle of Atlanta Sites Anti-violence Advocate Killed, but Not Silenced. Dempsey: Putin May Light Fire and Lose Control Arizona Prison Chief: Execution Wasn't Botched Calif. Police Investigate Peacock Shooting Death Raw: Protesters, Soldiers Clash in West Bank Police: Doctor Who Shot Gunman 'Saved Lives' 'Modern Family' Star on Gay Athletes Coming Out MN Twins Debut Beer Vending Machine DA: Pa. Doctor Fired Back at Hospital Gunman Raw: Iowa Police Dash Cam Shows Wild Chase