Market Watch: Dow Finishes 1st Quarter At A Loss


U.S. stocks were lower Tuesday, as the first quarter of 2015 came to a unhappy close on Wall Street.

With today’s slump, the Dow finished the first quarter lower than it began the year–a discouraging sign for investors. A Monday rally pushed the Dow back into the black for 2015, as Wall Street attempted to recover from a disastrous prior week that saw the Dow and S&P 500 drop more than 2 percent.

Oil prices were down sharply Tuesday, the culmination of a quarter that sees the commodity primed to lose about 10 percent since the start of 2015.

The dollar is also going to gain for the third quarter in a row. The dollar index measures the strength of U.S. money against a number of foreign currencies. Against the Euro, for example, the dollar is up 10.5% in early 2015.

Here are the final numbers from Wall Street on Tuesday:

Dow Jones Industrial Average: 17,779.99 (-196.32)

NASDAQ: 4,900.88 (-46.56)

S&P 500: 2,067.94 (-18.20)

Phil Cannella
Partnered with CBS Radio Network, Phil Cannella reports on the issues most important to the American retiree.
Phil Cannella


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