Stocks Slide As Investors Continue Sell-Off

View Comments
Grow your business smarter.

Visit CBS Detroit's

Small Business Center.

stox down istock Stocks Slide As Investors Continue Sell OffStocks are falling as investors continue a sell-off that began a day earlier over worries about the pace of the recovery.

Investors are finding little reason to buy stocks Friday. There are no reports due out that could negate Thursday’s disappointing news that growth in the domestic economy continues to slow.

Oil prices are extending their slide on worries that future demand will wane if economic growth remains tepid.

The Dow Jones industrial average is down 101.64, or 1 percent, at 10,166.16. The Standard & Poor’s 500 index is down 9.82, or 0.9 percent, at 1,065.81, while the Nasdaq composite index is down 15.53, or 0.7 percent, at 2,163.42.

 (Copyright 2010 by The Associated Press.  All Rights Reserved.)

View Comments
blog comments powered by Disqus
Follow

Get every new post delivered to your Inbox.

Join 2,064 other followers