понедельник, 5 марта 2012 г.

STOCKS DROP AFTER BIG EARLY GAIN.(Business)

Byline: DAN BLAKE Associated Press

Wall Street waffled on Thursday as investors tried to decide which parts of President Clinton's economic plan might ultimately be approved and what effect they would have on financial markets.

Stocks got off to a roaring start early in the day, rising more than 30 points in the first moments of trading, before dropping into negative territory around midday. Prices seesawed through much of the afternoon before the Dow Jones average of 30 big-name stocks finished down 10 points at 3,302.19.

Market analysts said there was substantial concern that the plan's higher taxes would reduce corporate profits and slow the …

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