Market Watch: Stocks Waver Then Slip

Today marked the start of the holiday shortened, Thanksgiving week on Wall Street & the markets spent most of the session trying to figure out which way was up. In the end: It was down.  Earlier in the day, figures showed that the deadly attacks in Paris seemed to be having a negative impact on the French economy. Service providers reported to the financial information company Markit that the Nov. 13th terrorist attacks in Paris had:

Negatively impacted on activity. The  purchasing managers’ index for France (which is a broad gauge of business activity) fell to a 3-month low of 51.3 points in November down from from 52.6 points in October.

The drop takes the French economy nearer the 50 point level, which is the fulcrum that determines the difference between economic expansion and contraction. International stock markets were mostly lower today as momentum faded from a week of strong gains on Wall Street. In the end the markets finished slightly lower as investors await tomorrow’s latest report on Gross Domestic Product (GDP)

More from CNBC below:

Here are the final numbers from Monday, 11/23/15 on Wall Street:

Dow Jones Industrial Average: 17,792.68 (-31.13/ -0.17%)

NASDAQ: 5,102.48 (-2.44 / -0.05%)

S&P 500: 2,086.59 (-2.58 / -0.12%)

Phil Cannella

Phil Cannella

As a partner with CBS Radio in Philadelphia, Phil Cannella reports on the issues most important to the American retiree.
Phil Cannella
- 2 weeks ago
Phil Cannella
Phil Cannella

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