US stocks markets fall
30-12-2008
Share prices on Wall Street closed lower. The Dow slipped 31.62 points, or 0.37 percent, to 8,483. The Standard & Poor's 500 Index fell 3.38 points, or 0.39 percent, to 869. The Nasdaq Composite Index dropped 19.92 points, or 1.30 percent, to 1,510. The price of oil rose on concerns that supplies could be disrupted by tensions between Israel and the Hamas-ruled Gaza Strip. US light, sweet crude settled up $2.31 at $40.02 a barrel. Gold was also trading higher supported partly by broad weakness in the US dollar.