Beverly Hills 10/29/2009 4:16:27 AM
News / Business

Market Closing Comments from EQUITIES Magazine

Indexes close near lows

  Stocks took a beating today and closed near the worst levels of the session. Tire makers, homebuilders, oil, steel and media were among the worst groups.

 

The Nasdaq fell 2.7%, New York composite 2.4% S&P 500 2% and Dow 1.2%.

 

While volume surged on both exchanges, decliners beat advancers by more than 5-to-1 on the Nasdaq and about 9-to-1 on the NYSE.

 

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About EQUITIES Magazine:

 

Since 1951, EQUITIES Magazine has been a leading media company providing business editorial content designed to serve the needs of business leaders, professionals, institutional investors and retail investors. We are focused on business and the business of making money, not on lifestyle subjects. We publish original reporting in print and on the Internet at www.equitiesmagazine.com, as well as select content at www.nasdaq.com.  For 28 years we have hosted our own branded investor conferences that connect public company CEO’s with our loyal readers in the investment community.