Dow Closes Lower, Nasdaq Posts Small Gain
Updated from 3:25 p.m. EDT
Blue-chips closed slightly lower but tech stocks managed to eke out a small gain while U.S. and British forces launched military strikes in Afghanistan for a second day.
Preliminary closing numbers showed the Dow Jones Industrial Average
with a loss of 56.67 points, or 0.6%, to 9063.10. The Nasdaq
was up 0.21 points to 1605.51, while the S&P 500
was down 9.31 points, or 0.9%, to 1062.07.
Around midday, U.S. and British forces began military strikes against targets in Afghanistan for the second consecutive day. Reuters said Monday that at least 20 people were reported killed during seven hours of raids by the U.S. and its allies on Sunday, although it wasn't clear if they were civilians. The Taliban said Osama bin Laden survived the raids. The action unsettled markets around the world, but Europe's bourses ended mixed. Asia's exchanges were primarily lower. ...
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