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Friday, November 05, 2004

Kerry Not a Favorite on Wall Street Apparently

NEW YORK (Reuters) - U.S. stocks reversed course suddenly on Tuesday and drifted lower as chatter on the Internet speculated that early exit polls had Sen. John Kerry leading the presidential election in key swing states.

The Dow Jones industrial average was down 42 points, or 0.42 percent, at 10,012. The Standard & Poor's 500 Index was down 2 points, or 0.20 percent, at 1,128. And the technology-laced Nasdaq Composite Index was down 0.69 of a point, or 0.03 percent, at 1,979.

The Dow Jones and S&P 500 had been higher for most of the session, heading for a sixth straight day of gains, but turned south sharply just after 2:30 p.m. EDT on the exit poll speculation.

--- Read Article --- [via nickdenton.org]


posted by Andythomas412 at 3:19 PM

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