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US stocks keep sliding on weak data, Fed qualms

7:00 AM, Feb 22, 2013   |    comments
A sign for Wall Street is seen just outside the New York Stock Exchange.(Photo: Timothy A. Clary, AFP/Getty Images)
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NEW YORK (AP) - There are no major economic reports expected Friday, but investors can chew over corporate financial results issued after markets closed yesterday.

A weak set of economic data released Thursday sent stocks lower on Wall Street. The government said more people applied for unemployment benefits last week, while a survey of European business executives suggested the continent's economy continues to slow.

The Dow lost 47 points to close at 13,881, while the S&P fell more than nine points to 1,502, and the Nasdaq lost 33 to 3,131.

 

 

 

 

 

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