Updated from 8:58 a.m. EST
Stocks in New York opened on the downside Monday, as investors took profits from the previous week's gains and major firms across sectors undertook restructuring measures amid a weakening economic environment.
The Dow Jones Industrial Average slid 213 points to 8616, and the S&P 500 fell 24 points to 872. The Nasdaq was lower by 42 at 1493.
At the end of an abbreviated session Friday, the major averages finished on the upside in light trading. Investors were monitoring the retailers as consumers flocked to stores to partake in "Black Friday" sales, which mark the beginning of the holiday shopping season. Today marks "Cyber Monday," when online retailers compete for Internet sales by offering steep discounts through their Web sites. ...
Recent Comments
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,414.14 | 1,114.05 | 2,237.66 | 36.82 |
Oil *
72.73
|
|
UP
85.25
|
UP
11.58
|
UP
25.97
|
UP
1.36
|
10 Yr
3.68%
SPDR Gold
106.95
|
|
+0.83%
|
+1.05%
|
+1.17%
|
+3.84%
|
Data delayed 20 minutes |
Connect with TheStreet