» Subscribe Today!
The Power of Information
Home
The Ledger - EST. 1978 - Nashville Edition
X
Skip Navigation LinksHome > Article
VOL. 39 | NO. 21 | Friday, May 22, 2015

US stocks dip in quiet trading ahead of Memorial Day weekend

Print | Front Page | Email this story

NEW YORK (AP) — Stocks are closing moderately lower in a relatively quiet day ahead of a holiday weekend.

Trading volume was relatively light Friday ahead of the Memorial Day holiday in the U.S.

The Dow Jones industrial average fell 53 points, or 0.3 percent, to 18,232.

The Standard & Poor's 500 index lost four points, or 0.2 percent, to 2,126. The Nasdaq composite edged down a point to 5,089.

The price of oil fell $1 to close at $59.72 a barrel in New York. Traders were worried about supplies increasing.

Campbell Soup rose 2 percent after its earnings came in ahead of what analysts were looking for.

Bond prices fell after the government reported an increase in consumer prices last month. The yield on the 10-year Treasury note rose to 2.21 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