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Article: FirstAlert(tm) Daily 9/1: China Downer.
- Article from:
- Investrend
- Article date:
- September 1, 2009
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Sep 01, 2009 (FinancialWire via COMTEX) -- (Comment on this article at http://www.financialwire.net/2009/09/01/firstalerttm-daily-91-china-downer/)
- Commentary -
September 1, 2009 (FinancialWire) (By Philip Holmes) -- U.S. stocks ended lower on Monday after a big selloff on China's main index triggered concerns that global recovery might hit a few speed bumps. Hardest hit were energy and bank stocks such as Chevron (NYSE: CVX) and American International Group (NYSE: AIG).
The Dow Jones industrial average lost 47.92 points on the trading day, to close at 9,496.28. The Standard & Poor's 500-stock index shed 8.31 points, to close at 1,020.62, ...