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US stocks end mixed
Friday, October 19, 2007
Wall Street ended mixed yesterday but remained uneasy after disappointing results from Bank of America Corp. provided further evidence that the credit crisis is hurting the economy.
The Dow slipped 3.58 points, or 0.03%, to 13,888.96.
The Standard & Poor's index fell 1.16 points, or 0.08%, to 1,540.08. The technology-heavy Nasdaq composite Index added 6.64 points, or 0.24%, to 2,799.31.
Oil prices continued their advance amid further tensions between Turkey and Kurdish rebels in Northern Iraq. Light, sweet crude rose USD 2.07 to settle at a record USD 89.47 a barrel on the New York Mercantile Exchange.
Indian ADRs: Sterlite up 5%, VSNL gains 3.4%
Amongst Indian ADRs, Sterlite Industries, Dr Reddy's Labs, VSNL, MTNL and WIpro gained while ICICI Bank and Patni lost ground.
Wall Street ended mixed yesterday but remained uneasy after disappointing results from Bank of America Corp. provided further evidence that the credit crisis is hurting the economy.
The Dow slipped 3.58 points, or 0.03%, to 13,888.96.
The Standard & Poor's index fell 1.16 points, or 0.08%, to 1,540.08. The technology-heavy Nasdaq composite Index added 6.64 points, or 0.24%, to 2,799.31.
A look at how the Indian ADRs performed:
Name Sterlite Ind | Symbol SLT | Price 49.50 | Change | Change% 0.22% | Volume | High | Low |