Provided by Edward Jones, a member of the New York Stock Exchange
Dec. 9 2008, U.S. Stocks fell and bond prices rose after disappointing corporate growth expectations reignited concern over the economy.
FedEx led industrial shares lower on reduced forecasts due to a significantly weaker economy, which also led financial and consumer discretionary shares to decline.
The Dow Jones Industrial average was down 243.85 at 8691.33.
The Standard and Poor's 500 index was down 21.03 at 888.67
The Nasdaq composite Index was down 24.40 at 1547.34.
The Dow Jones Transportation average was down 202.53 at 3387.10.
The Down Jones Utilities average was down 6.38 at 358.48.
Volume on the New York Stock Exchange was moderate, with 1.4 billion shares traded.
The five most active issues on the New York Stock Exchange for Dec. 9, 2008:
Citigroup Inc. UP $0.07 to $8.54.
Bank of America DOWN $0.89 to $16.95.
Ford Motor Co. DOWN $0.15 to $3.23.
General Electric Co. DOWN $1.10 to $17.78.
JP Morgan Chase and Co. DOWN $2.53 to $33.96.
At the closing, foreign markets were mostly higher.