Fri, 09 Nov 2012 13:39:25 GMT
Dow pared losses after positive US data
US blue chips plunged further on Thursday amid on-going concerns over the US budget clashes. A leadership change in China coupled with recent growth forecast cuts in the eurozone also weighed on the market sentiment. However, Dow pared losses after encouraging data from the national economy. The Dow Jones Industrial Average Index lost 0.94% to close at 12,811.32. All but