DJIA Falls to Three-Month Low
By Kristina Zurla Landgraf • Jun 18th, 2008 • Category: Market UpdatesStock indexes fell and couldn’t get up today, with the Dow Jones Industrial Average cash and futures contracts closing at a three-month low. Gloomy news came from a number of familiar corporate names, including FedEx, Fifth Third, GM and Ford. (Another name familiar to us here, MF Global Ltd., tumbled too). On the cash side, the S&P 500 fell 13.12 points to 1,337.81, while the DJIA fell 131.24, to 12,029.06, its lowest since March 17. The Nasdaq Composite Index fell 28.02, settling at 2,429.71.
September S&P futures dropped 14.20 to 1338.80 while September DJIA futures fell 145 to 12028, the lowest close since mid-March.
FYI: June contracts for the S&P 500, Dow, NASDAQ and Russell Index futures expire Thursday, June 19.
