Dow closed below 0.43% ...
Shares of General Electric Co. fell as much as 4.5% Monday on fears that a nuclear emergency in Japan could leave the global conglomerate vulnerable to liability.
Three reactors at the Fukushima Daiichi nuclear power complex were damaged in the recent earthquake and reportedly have leaked radiation.
“There’s not a tremendous amount of positive information coming out of Japan right now,” said Daniel Holland, an analyst with Morningstar. “The nuclear industry, in general, could be set back; more than anything else, [the price drop in GE’s share price] is hesitancy and caution on behalf of investors.”
Dow Jones Industrial Average
(DJI: ^DJI )
| Index Value: | 11,993.16 |
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| Trade Time: | 4:01PM EDT |
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| Change: |  51.24 (0.43%) |
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| Prev Close: | 12,044.40 |
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| Open: | 12,042.13 |
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| Day's Range: | 11,897.31 -12,042.13 |
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| 52wk Range: | 9,596.04 -12,418.00 |
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