NEW YORK —
The Dow Jones industrial average fell for the 11th time in 12 days after a pair of discouraging economic reports came as investors worried about Greece’s possible exit from euro.
The Dow closed down 156 points at 12,442. The Standard & Poor’s 500 fell 20 to 1,305, its lowest close since Jan. 17. The Nasdaq composite fell 60 points to 2,814.
The Federal Reserve Bank of Philadelphia said manufacturing slowed in the mid-Atlantic region for the first time in eight months. The Conference Board reported that its measure of future U.S. economic growth fell in April after six months of increases.
These gloomy reports were a surprise and came as investors continued to fret about developments in Europe, where Greece seemed headed for an exit from the euro bloc.
Business
Related Photos
-
businessnews.jpg
Discussion
Stocks fall; Dow has its 11th loss in 12 days
- Business
-
-
A late fade on Wall Street; Wal-Mart, Disney slump
Signs of a slowing economy combined with comments from a Federal Reserve official helped pull the stock market down Thursday.
-
American will favor passengers without roller bags
If you’re traveling light, you can board earlier on American Airlines.
-
Bill would limit lawsuits over lead contamination
A Missouri-based lead mining company could be shielded from punitive damages in state lead contamination lawsuits under a bill sent to Gov. Jay Nixon.
-
Senate panel considers labor board nominees
Senate Republicans said Thursday they would not support five nominees to the National Labor Relations Board, raising the possibility the troubled agency could be rendered mostly inoperable later this year.
-
Missouri lawmakers pass changes to workers’ comp claims
Missouri lawmakers gave final approval Thursday to a measure that would double the fees charged to businesses in order to replenish an insolvent fund for disabled workers who suffer serious job-related injuries or illnesses.
-
Work could begin soon on new Interstate 44 interchange east of Joplin
Construction of a new interchange at Interstate 44 and Prigmore Avenue to serve the Crossroads Center Business and Distribution Park was added Thursday to the Transportation Improvement Program for Southwest Missouri.
-
Dow to appeal $1.2 billion damages order
A federal judge is ordering Dow Chemical Co. to pay $1.21 billion in damages after it lost a class-action lawsuit that accused it of conspiring to fix prices.
-
Weak open on Wall Street; Wal-Mart disappoints
Wal-Mart led the Dow Jones industrial average lower early Thursday after the world’s largest retailer turned in weaker sales and a dim forecast for profits.
-
Tennessee senator: Sale idea cost TVA $500 million
Sen. Lamar Alexander says President Barack Obama’s plan to consider selling the Tennessee Valley Authority has already cost hundreds of millions of dollars — even if the nation’s largest public utility is never sold.
-
Google’s products dig deeper into people’s lives
For Google CEO Larry Page, happiness is a warm computer.
- More Business Headlines
-
Conn. Commuter Trains Collide; 60 Go to Hospital
Coffee Run Leads to Hatchet Hitchhiker Arrest
Fmr. IRS Head Insists No Politics in Targeting
CDC: Fecal Bacteria Common in Swimming Pools
$1 Million in Jewels Stolen at Cannes Film Fest
NM Mom Chases Down Child Abductor
Raw: Crash Sends Car Into Fla. Pool
Raw: Obama Sits Down With Elementary Kids
Raw: Bear Falls From Tampa Tree
Ousted IRS Chief: Errors Not Caused by Politics
Terror Suspect Due in Court in Idaho Friday
Raw: Driver Ejected From Truck, Over Bridge
Could Tobacco Be the Next Biofuel?
Wash. State Releases Draft Rules for Legal Pot
Dying Man's Blinks Lead to Murder Conviction
Officials: Texas Tornado Likely Had 200 Mph Wind
Brothers Arrested in NOLA Parade Shooting
Raw: School Bus Crash Injures Five Children
Quick Response Saved Baby on Phila. Train Tracks
One Million Evacuated As Cyclone Hits Bangladesh
