The Dow gained and the Nasdaq declined in a choppy session Monday, as investors eyed Lehman Brothers' big loss, Apple's new iPhone announcement and some cautious talk from a pair of Fed officials.
The Dow managed gains but the broader market lagged Monday as investors weighed Lehman Brothers' big quarterly loss, Apple's announcement of a new iPhone and some cautious talk from a pair of Federal Reserve officials.
Financial and tech shares dragged on stocks Monday as investors eyed Lehman Brothers' big quarterly loss, Apple's announcement of a new iPhone and some cautious talk from a pair of Fed officials.
On the first day of what is to be a two-week economic tour around the country, Barack Obama said Monday he thinks lawmakers need to inject another $50 billion immediately into the sluggish U.S. economy.