Dow goes up, S&P and Nasdaq down after Bear deal

NEW YORK - The Dow industrials ended slightly higher, but the S&P 500 and the Nasdaq fell on Monday after JPMorgan Chase & Co’s deal to purchase struggling brokerage Bear Stearns at a rock bottom price failed to dispel fears of deeper fallout from the escalating credit crisis.

Leave a Reply

You must be logged in to post a comment.

Dow goes up, S&P and Nasdaq down after Bear deal

NEW YORK - The Dow industrials ended slightly higher, but the S&P 500 and the Nasdaq fell on Monday after JPMorgan Chase & Co’s deal to purchase struggling brokerage Bear Stearns at a rock bottom price failed to dispel fears of deeper fallout from the escalating credit crisis.

Leave a Reply

You must be logged in to post a comment.