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Nasdaq off 1% after 3-day market rally

Nasdaq off 1% after 3-day market rally
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First Published: Fri, Oct 07 2011. 09 13 PM IST
Updated: Fri, Oct 07 2011. 09 13 PM IST
New York: The Nasdaq fell over 1% on Friday as stocks struggled to make headway following a three-day market rally, even after a report showed the US economy added more jobs than expected in September.
The Dow Jones industrial average gained 35.19 points, or 0.32%, to 11,158.52. The Standard & Poor’s 500 Index dropped 2.72 points, or 0.23%, to 1,162.25. The Nasdaq Composite Index dropped 22.53 points, or 0.90%, to 2,484.29.
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First Published: Fri, Oct 07 2011. 09 13 PM IST
More Topics: Markets Update | USA | Stocks | Dow Jones | Nasdaq |