Connect to share and comment

US stocks slip on tepid economic data

PlacardEnlarge
(Globalpost/GlobalPost)

US stocks slipped in opening trade Friday amid mixed economic indicators showing a gasoline-driven pickup in inflation in February and a slowdown in industrial activity in the New York region.

Five minutes into trade, the Dow Jones Industrial Average was down 39.15 points (0.27 percent) to 14,499.99.

The broad-based S&P 500 lost 3.95 (0.25 percent) to 1,559.28, while the tech-heavy Nasdaq Composite slipped 1.58 (0.05 percent) to 3,257.35.

pmh/vlk

http://www.globalpost.com/dispatch/news/afp/130315/us-stocks-slip-tepid-economic-data