Tuesday, 10 July 2012 19:40

Markets Down in Technology and Oil

Written by  Christine Hsu
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Authors: Christine Hsu

Markets Down in Technology and OilHemera/Thinkstock(NEW YORK) -- Stocks were down on Tuesday, with The Dow dropping 83 points, the Nasdaq losing 29 and the S&P giving up 11. The tech and oil sectors were the biggest losers on the day.
A slowdown in China and Europe led to an 11 percent slump in revenue for Chip maker Advanced Micro Devices.  
Also crude prices fell nearly a dollar to 85-2, but gas prices rose about a nickel over the past week.  
Copyright 2012 ABC News Radio

Read more http://abcnewsradioonline.com/business-news/markets-down-in-technology-and-oil.html





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