monster beats The Dow Jones Industrial Average has fallen below 10,000 for the first time since early July as investors' concerns continue about the direction of the US economy.A broader index of large US companies, the Standard & Poor's 500 Index, edged down 0.4% to 1051 on Thursday, while the Nasdaq Composite shed 0.6% to 2127 dr dre beats.
The Dow's fall was led by Cisco Systems, which declined 1.7%; Intel, down 1.4%; and International Business Machines, which dropped 1.6%, while Wal-Mart Stores fell nearly 1%. Investors are expected to watch Beats by Dre a speech on Friday by Federal Reserve Chairman Ben Bernanke to figure out how weak the US economy really is and whether the Reserve plans to take more steps to revive it.
beats headphones US stocks have been on a generally downward trend in August.On Thursday, the Dow fell 74.25, or 0.7 percent, to close at 9985.81. The decline came despite mixed economic data released early in the day, Dow Jones newswires reported. The development comes as investors try to discover if the US economy can create new jobs or whether it will plunge back into recession.The Dow Jones Industrial Average has closed below 10,000, reflecting persistent investor doubt best headphones.
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