» Subscribe Today!
The Power of Information
Home
The Ledger - EST. 1978 - Nashville Edition
X

Forgot your password?
Skip Navigation LinksHome > Article
VOL. 42 | NO. 10 | Friday, March 09, 2018

Industrials, banks weigh on stock prices

Print | Front Page | Email this story

NEW YORK (AP) — Stocks fell on Wall Street as banks and industrial companies posted sizable losses.

Citigroup lost 1.9 percent Wednesday and aerospace giant Boeing gave up 2.5 percent.

Banks fell along with bond yields and industrial companies weakened as European leaders warned of the risk of escalating trade tensions.

Department stores and other retailers fell after the Commerce Department said retail sales declined in February. Kroger lost 2.4 percent.

Signet Jewelers plunged 20 percent after giving weak a forecast.

The S&P 500 fell 15 points, or 0.6 percent, to 2,749.

The Dow Jones industrial average lost 248 points, or 1 percent, to 24,758. The Nasdaq composite fell 14 points, or 0.2 percent, to 7,496.

Bond prices rose. The yield on the 10-year Treasury note fell to 2.82 percent.

Follow us on Facebook, Twitter & RSS:
Sign-Up For Our FREE email edition
Get the news first with our free weekly email
Name
Email  
TNLedger.com Knoxville Editon
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 0 0 0
MORTGAGES 0 0 0
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 0 0 0
BANKRUPTCIES 0 0 0
BUSINESS LICENSES 0 0 0
UTILITY CONNECTIONS 0 0 0
MARRIAGE LICENSES 0 0 0