Tag: three notches

  • Stocks Opened Sharply Lower on Debt Worries

    Stocks opened sharply lower on Monday as talks to raise the debt ceiling hit another stalemate and the threat of a U.S. rating downgrade and potential default intensified. The Dow Jones Industrial Average lately fell 117.46 points to 12,563.70. The Standard & Poor’s 500 Index shed 11.30 points to 1,333.723. The Nasdaq Composite Index declined…

  • Stocks Ended with Tiny Gains

    U.S. stocks Monday ended with tiny gains as enthusiasm for a fresh round of mergers competed with worries over Europe’s debt outlook after Standard & Poor’s cut Greece’s debt ratings. The Dow average ended up 1.06 points, or 0.01%, at 11,952.97. The S&P 500 added 0.85 point, or 0.07%, to 1,271.83. The Nasdaq Composite closed…