Friday, March 23, 2012

Wall Street retreats but bull market still alive


Cyclical sectors led U.S. stocks lower on Thursday, setting the S&P 500 up for its first negative week in six, after factory data showed a slowdown in both the euro zone and China.
The weak data is hardly a surprise for markets, as many analysts have already factored in a recession in the euro zone and early this month, China trimmed its 2012 growth target to an eight-year low of 7.5 percent.


Dow Jones Industrial Average (^DJI)

 -DJI
13,046.14 Down 78.48(0.60%) 

Dow Jones Industrial Average (^DJI)

 -DJI
Prev Close:13,124.62
Open:13,124.40
Day's Range:13,017.42 - 13,124.47
52wk Range:10,362.30 - 13,331.80