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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: ild who wrote (29802)3/31/2005 4:51:00 PM
From: Skywatcher  Respond to of 110194
 
Nasdaq posts worst Q1 performance in four years By Mark Cotton
NEW YORK (MarketWatch) -- U.S. stocks ended lower Thursday, with the Nasdaq posting its worst first quarter performance in four years, as a jump in oil prices and higher interest rates sparked concern about the outlook for the economy and corporate profits. The Nasdaq Composite ($COMPQ: news, chart, profile) dropped 7 points, to an unofficial close of 1,998.37, with the tech-rich index falling around 8 percent in the last three months. The Dow Jones Industrial Average ($INDU: news, chart, profile) fell 41 points to 10,500. The benchmark index fared a little better than the Nasdaq, falling around 2.6 percent in the quarter. The S&P 500 Index ($SPX: news, chart, profile) ended the session, down 1.04 points at 1,180.38. The broad gauge ended down 2.6 percent in the first quarter.

Guess the bushkee thing ain't workin' too well