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US STOCKS-Wall St ends lower on credit, high inflation

Tue Aug 19, 2008 4:06pm EDT
 
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(Updates to 4 p.m.)

NEW YORK, Aug 19 (Reuters) - U.S. stocks fell for a second day on Tuesday, as credit worries hit bank shares and a report showing inflation remains a threat despite slower growth escalated investor anxiety.

Based on the latest available date, the Dow Jones industrial average .DJI was down 130.84 points, or 1.14 percent, to end unofficially at 11,348.55. The Standard & Poor's 500 Index .SPX was down 11.88 points, or 0.93 percent, to finish unofficially at 1,266.72. The Nasdaq Composite Index .IXIC was down 32.62 points, or 1.35 percent, to close unofficially at 2,384.36. (Reporting by Kristina Cooke; Editing by Jan Paschal) (kristina.cooke@thomsonreuters.com; +1 646 223 6154; Reuters Messaging:rm://kristina.cooke.reuters.com@reuters.net))

 

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