Wall Street stocks finished a banner October on a down note Friday, as shares of Canadian pharmaceutical company Valeant plunged again.
The Dow Jones Industrial Average ended at 17,663.54, down 92.26 points (0.52 per cent) for the day, but up 8.5 per cent for October.
The broad-based S&P 500 dropped 10.05 (0.48 per cent) to 2,079.36, while the tech-rich Nasdaq Composite Index fell 20.53 (0.40 per cent) to 5,053.75 Peter Cardillo, chief market economist at Rockwell Global Capital, said US stocks were "consolidating" after the October equity surge and ahead of the monthly jobs report and other key data next week.
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The Dow Jones Industrial Average ended at 17,663.54, down 92.26 points (0.52 per cent) for the day, but up 8.5 per cent for October.
The broad-based S&P 500 dropped 10.05 (0.48 per cent) to 2,079.36, while the tech-rich Nasdaq Composite Index fell 20.53 (0.40 per cent) to 5,053.75 Peter Cardillo, chief market economist at Rockwell Global Capital, said US stocks were "consolidating" after the October equity surge and ahead of the monthly jobs report and other key data next week.
For Free Signals and other KLSE online updates, click here OR Give A Missed Call : +60350219047 Follow Us On Twitter : www.twitter.com/epicresearchmy Like Us On Facebook : www.facebook.com/EpicResearchMalaysia Need Any Assistance Feel Free To Mail Us at : info@epicresearch.my
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