Nasdaq tumbles 1.7%

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Uploaded by on Nov 12, 2007

Nov. 12 - Tech stocks led U.S. equities lower with a 1.7 percent fall in the Nasdaq. Investors fear marquee tech names like Apple and Google will have slower sales growth. The Dow fell 55 points to 12,987. The S&P 500 lost 14 points to 1,439. The Nasdaq dropped 43 points, or 1.7 percent, to 2,584. Crude oil dropped to over $94 a barrel. Conway G. Gittens reports.

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  • NASDAQ and DOW are down even more now because of the $138.52 prise of a barrel of oil, but S&P is still a low bear...

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