Global Markets Overview - 23 February 2013

By International Business Times,  February 21, 2013, 08:44:05 PM EDT

U.S. STOCKS, MARKETS

Stocks continued to sink midday, after reports of manufacturing pullbacks in the U.S. and Europe piled on top of investor concerns over the possibility of an earlier-than-expected end to the Federal Reserve's stimulus programs.

The Dow Jones Industrial Average fell 81 points, or 0.6%, to 13846, extending Wednesday's declines. The Standard & Poor's 500-stock index gave up 12 points, or 0.8%, to 1499, as eight of 10 sectors traded in the red and growth-sensitive materials, technology and energy shares weighed.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, Commodities

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