Tuesday's midday trade: Wall Street dips

30 Sep, 2009

US stocks fell slightly on Tuesday after data on consumer confidence and home prices gave a mixed picture of the economy. "When a bad piece of data comes out, especially after a run like this, people tend to be hesitant," said Doug Roberts, chief investment strategist, Channel Capital Research.com, Shrewsbury, New Jersey.
The Dow Jones industrial average dropped 24.33 points, or 0.25 percent, to 9,765.03. The Standard & Poor's 500 Index fell 1.86 points, or 0.17 percent, to 1,061.12. The Nasdaq Composite Index shed 9.25 points, or 0.43 percent, to 2,121.49.

Read Comments