T-Note Surge Puts Dow Off 173

By Harry Kimball,  Newser Staff
Posted May 27, 2009 3:11 PM CDT
T-Note Surge Puts Dow Off 173
Traders work on the floor of the New York Stock Exchange.   (AP Photo)

A Treasury note bump and continued skittishness about the US economy sent stocks down today, the Wall Street Journal reports. “Yesterday, everyone was happy about the consumer,” one strategist said. “Now people are wondering about the flip side: What happens if consumption gets out of hand?” The Dow was down 173.47 to 8,300.02. The S&P lost 17.27, to 893.06. The Nasdaq shed 19.35 to 1,731.08. (More Treasury bills stories.)

Get the news faster.
Tap to install our app.
Install the Newser News app
in two easy steps:
1. Tap in your navigation bar.
2. Tap to Add to Home Screen.