Saturday, September 29, 2012

Wall Street opens lower on last day of quarter

(Reuters) - U.S. stock opened lower on Friday as investors locked in gains at the end of a strong quarter for equities and amid uncertainty ahead of the result of stress tests on Spanish banks.

The Dow Jones industrial average dropped 64.97 points, or 0.48 percent, to 13,421.00. The Standard & Poor's 500 Index dropped 4.98 points, or 0.34 percent, to 1,442.17. The Nasdaq Composite Index dropped 11.50 points, or 0.37 percent, to 3,125.10.

Source: http://news.yahoo.com/wall-street-opens-lower-last-day-quarter-135402948--finance.html

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