Tuesday, January 22, 2008

Stocks Close Lower, Erase Most Of Early Losses

The Dow Jones Industrial Average dropped 128 points (1.1%) to close at 11,971, the S&P 500 Index lost 15 points (1.1%) to 1,311, and the Nasdaq Composite declined 48 points (2.0%) to 2,292. Crude oil finished down $0.72 to $89.85 per barrel, and gold ended up $11.80 at $893.50 per ounce.

Magnificent Seven Update