4 July 2001, 09:05 US stocks close slightly lower in holiday-shortened session
New York, July 3 (BridgeNews) - U.S. stocks closed modestly lower
after an abbreviated trading day ahead of the Independence Day holiday. A
slew of fresh corporate profit warnings from the technology sector was
seen as the major reason for the slight sell-off, although one market
watcher noted that the warnings were no real surprise to participants. The
Dow industrials were off 28 points at 10,565 and the Nasdaq closed down 10
points at 2138.
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