30 August 2001, 09:57 US stocks end lower for third straight day
New York, Aug. 29 (BridgeNews) - U.S. stocks declined after the latest
gross domestic product report showed that economic growth slowed to an
eight-year low in the second quarter. The fact that the data exceeded
expectations was little comfort to investors, who pushed the market down
for a third day. The Dow Jones industrial average closed down 131.13, or
1.28%, to 10,090.90 and the Nasdaq Composite index was down 21.81, or
1.17%, to 1843.17.
The S&P 500 was down 12.95, or 1.11%, to 1148.56.
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