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Dow Closes Lower; Nasdaq Edges Up

Anthrax again dominates the news, and earnings take a back seat.

Updated from 3:16 p.m. EDT

Stocks closed mixed Thursday, as lingering worries about terrorist attacks and anthrax continued to dominate the news and keep investors jittery.


Dow Jones Industrial Average lost 69.40 points, or 0.8%, to 9163.57. The

Nasdaq was up 6.56 points, or 0.4%, to 1652.90, and the

S&P 500 was off 8.45 points, or 0.8%, to 1068.64.

The latest terrorism-related concern was at the Three Mile Island nuclear plant in Pennsylvania, which was on high alert following a "credible threat" received by its operator. Meanwhile, the federal government offered a $1 million reward for information leading to the capture of those responsible for sending letters containing anthrax through the mail.

Overseas, London's FTSE 100 closed down 1.7% at 5116, while Germany's Xetra DAX lost 1.6% to 4574. In Paris, the CAC-40 fell 1.7% to 4338. Japan's Nikkei dropped 2.6% to close at 10,475, and Hong Kong's Hang Seng lost 3.7% to end its session at 9881.


General Motors

(GM) - Get General Motors Company (GM) Report

issued third-quarter earnings Thursday. The company earned 85 cents a share, excluding items, ahead of the consensus estimate of 82 cents. But the company guided lower for the fourth quarter, and shares of GM fell 80 cents, or 1.9%, to $41.97 in recent trading on the

New York Stock Exchange


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(F) - Get Ford Motor Company Report

shed 34 cents, or 2%, to $16.79.

On Wednesday,

Siebel Systems


missed Wall Street's quarterly estimates despite guiding analysts lower several times. The software company earned 7 cents a share, down from 14 cents a share in the year-ago period. Siebel ended down 19 cents, or 1.1%, to $17.19.

Texas Instruments

(TXN) - Get Texas Instruments Incorporated Report

reported a third-quarter loss of 3 cents a share, beating analysts' estimates by a penny on higher-than-expected revenue. But the company lowered its fourth-quarter revenue forecast and offered little guidance about when it would turn a profit. Shares of Texas Instruments were down $4.13, or 13.3%, to $26.90. For more corporate news, check out's

Stocks to Watch.

President Bush arrived in China Thursday for an economic summit, while in the U.S., Americans continue to fear the possibility of a biological attack. More than 30 people have now tested positive for anthrax exposure, including several Washington staff members of Sen. Tom Daschle.

Around 4 p.m. EDT, the 10-year Treasury note was recently down 1/32 to 103 12/32, yielding 4.57%.