Thursday, April 19, 2007

S&P 500 Falls on Marriott Forecast; Dow Rises to Second Straight Record

(Bloomberg) -- The Standard & Poor's 500 Index dropped for the second time this month, buffeted by consumer shares, after Marriott Corp. cut its revenue forecast.

The Nasdaq Composite Index fell a third day, while pharmaceutical companies carried the Dow Jones Industrial Average to a second consecutive record after Merck Co. forecast profit that may beat analysts' estimates.


Read more at Bloomberg Stocks News

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