Stocks end an erratic day with lopsided loss
Wall Street ended an erratic day today with a lopsided loss, as blue chip stocks bore the brunt of investors’ concerns over the health of the financial sector. The Dow Jones industrials fell more than 100 points, but the other major indexes finished with single-digit losses.
High-tech and small-capitalisation stocks fared better than the broader market, proof that investors were wary and choosy. The market started the day disappointed by the government’s retail sales report, and a jump in oil prices further dampened the mood.
