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Early Trading

BUSINESS
June 28, 2012 | By Andrew Tangel
NEW YORK -- Stocks continued their slide in early trading on a Wall Street as the public digested the U.S. Supreme Court's ruling on President Obama's healthcare law. The Dow Jones industrial average was down 88 points, or 0.7%, to 12,536 shortly after the opening bell. The Dow hasn't budged since the high court released its highly anticipated ruling. The broader Standard & Poor's 500 index was down 8 points, or 0.6%, to 1,324. The Nasdaq was down 23 points, or 0.8%, to 2,852.
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BUSINESS
June 4, 2012 | By Andrew Tangel
After opening slightly higher, U.S. stocks edged lower today in the first trading since Wall Street's gut-wrenching drops on Friday. The Dow Jones industrial average was down 33 points, or 0.3%, to 12,085 shortly after the opening bell. The broader Standard & Poor's 500 lost 3 points, or 0.3%, to 1,275. The tech-focused Nasdaq was down 4 points, or 0.1%, to 2,744. Major U.S. stock indexes lost more than 2% Friday after the federal government reported dismal hiring in May, renewing fears of a U.S. economic slowdown as Asia and Europe face struggles of their own. Major Asian stock markets were down sharply in Monday trading, while European indexes were mixed.
BUSINESS
May 22, 2012 | By Andrew Tangel
Facebook shares were taking another beating in early trading on Wall Street, falling more than 6% shortly after the opening bell. Facebook's stock was trading under $32 a share, $6 below its IPO price and where it settled on its first day of trading Friday. Facebook shares slid 11% on Monday. The social networking company's disappointing performance in its stock market debut is likely to continue to raise questions about the underwriting process for its highly hyped initial public offering.
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