Fri, 20 Apr 2012 07:58:17 GMT
US shares drop on disappointing macro-data
US stocks traded lower on Thursday as data showed jobless claims fell several times less than predicted, while manufacturing activity in Philadelphia slowed and existing home sales declined. S&P 500 index lost 0.59% or 8.22 points and finished at 1,376.92, Dow Jones Industrial Average index shed 0.53% or 68.65 points to 12,964.10. Nasdaq Composite gave up 0.79% or 23.89 points