<img src=" http://www.joplinglobeonline.com/images/zope/friday.gif" border=0> Stocks slip as investors await signs on economy

About $39 million given to major funds for Joplin’s storm recovery

A 4-year-old Ohio boy sent $200 he raised from selling cups of lemonade for a quarter.
A Missouri-born singer donated $130,000 from the auction of her 1959 Mercedes convertible.

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Discussion

June 12, 2009

Anonymous The Joplin Globe Fri Jun 12, 2009, 08:56 AM CDT

NEW YORK (AP) — Stock are moderately lower as investors weigh recent signs of economic recovery and wonder what will be able to take the market higher.

Investors get a new reading on consumer sentiment Friday morning. Growing consumer confidence is important to a recovery because their spending accounts for more than two-thirds of economic activity.

A stronger dollar is pushing down oil prices and commodity stocks. In the early going, the Dow Jones industrial average is down 41 at 8,730. The Standard & Poor’s 500 index is down 6 at 939. The Nasdaq composite index is down 14 at 1,848.

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