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Article: Dow Ends Down 184, Nasdaq Closes Down 46
- Article from:
- AP Online
- Article date:
- May 31, 2006
- Author:
CopyrightThis material is published under license from the Associated Press. All inquiries regarding rights should be directed to the Associated Press. (Hide copyright information)
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CHRISTOPHER WANG, AP Business Writer
AP Online
05-31-2006
Dateline: NEW YORK
Albert Veenstra, of Van der Moolen Specialists, looks to an overhead monitor on a down trading day at the New York Stock Exchange, Tuesday, May 30, 2006. Stocks plunged as a jump in oil prices and sliding consumer confidence compounded worries about a weak May sales report from Wal-Mart Stores Inc. (AP Photo/Henny Ray Abrams)
Higher oil prices and sliding consumer confidence sent stocks plunging Tuesday as a weak sales report from Wal-Mart Stores Inc. raised concerns about discretionary spending. The Dow Jones industrial skidded almost 185 points.
Although the Conference Board's consumer confidence index fell less ...