Djonne down 14.30point.
Stocks Fall After Greenspan Comments
Wednesday May 23, 6:22 pm ET
By Madlen Read, AP Business Writer
Stocks End Lower After Greenspan Remarks Spur Investors to Cash in Gains
NEW YORK (AP) -- Stocks wilted Wednesday as comments from former Federal Reserve Chairman Alan Greenspan and worries about upcoming economic data deflated a rally fed by takeover activity.
Stocks initially rose, lifting the Dow Jones industrials briefly above 13,600 for the first time, after the market got a fresh load of deal-related news that included a possible bidding battle over aluminum producer Alcan Inc. But the excitement waned after a media report that Greenspan expressed concern that China's stock market -- which has recently been hitting record highs -- could eventually see a sharp decline.
Source: http://biz.yahoo.com/ap/070523/wall_street.html?.v=46
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