Friday, June 10, 2011

Friday

Another dose of anguish about the global economic recovery sent the Dow Jones Industrial Average to the first close below 12000 since mid-March, capping the blue-chip index's longest weekly slump since 2002. This marks the Dow's sixth straight week of declines. Investors were glum after U.S. May import prices showed a surprise gain of .2%, hinting at an inflation push coming into the U.S. from abroad. DJIA -172.45 Nasdaq -41.14 S&P 500 -18.02.