Dow Retreats 12 on Weak Data

Consumer confidence falls from last month
By Nick McMaster,  Newser Staff
Posted Jul 28, 2009 3:21 PM CDT
Dow Retreats 12 on Weak Data
Traders and Specialists work the floor of the New York Stock Exchange in this undated fiel photo.   (AP Photo/David Karp)

Stocks closed slightly lower today as falling crude prices and shares of energy firms weighed on the broader market, the Wall Street Journal reports. Exxon and Chevron both fell around 1% off a decline of $1.15 in crude oil prices, which stand at $67.32 a barrel. A new report also said consumer confidence dipped again. The Dow fell 12 points to close at 9,097. The Nasdaq gained 8 points, settling at 1,976, while the S&P 500 closed down 3 points at 980.
(More NASDAQ stories.)

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