Stocks slip on interest-rate, growth worries

The action of the E.E.U.U fell Friday after an index of the manufacture demonstrated its weaker reading in more than three years and a this official of the federal reserve more rises of the tariff can be required to control the inflation.
But the Dow, 500 S&P and the Nasdaq radically reduced great previous losses in the end of the session whereas the investors bought above for parts that considered cheap after energetic the sell-dull one. The institute for the index of the manufacture of the management of the source fell unexpected underneath 50 of November, demonstration a sector that shrinks. The hurt parts of the news of great manufacturers such as those of 3M Co. and of Caterpillar Inc., making the superior negative weights in the Dow. The report Of the ISM confirmed worries about a retardation after the news of Chicago PMI of Thursdays that surprised that they demonstrated the contracted economic activity in the Near west.
�Sub-50 (reading) obtained all upset and the paid prices were higher also, than they demonstrated a bad combination of the growth and of the inflation that contracted,� they said to Larry Peruzzi, retailer of greater fairness in the management of assets of Boston Co. Michael Moskow, the president of the bank of federal reserve of Chicago, aggregate to the afflictions of the market after he more far said the adjustment of the monetary policy can be required to bring remaining inflationary pressures down.
The industrial average of Dow Jones lowered 27,80 points, or 0,23 percent, to 12.194.13, whereas the standard index and of poor men 500 it fell 3,92 points, or 0,28 percent, to 1.396.71. The index composed of the Nasdaq sank 18,56 points, or 0,76 percent, to 2.413.21. The Dow and the S&P were briefly under more than 1 percent and the Nasdaq was of almost 1,5 percents. For the week, the action fell -- to mark the first weekly losses mutually leaned for the Dow and S&P 500 from July. The Dow finished the week under 0,7 percent, whereas the S&P slope 500 0,3 percents. The Nasdaq lost 1,9 percents, its greater weekly declination of the percentage from the half-full ones of July. Wind desapasible for the shaving manufacturers; the drop of the Nasdaq Friday came after the parts of Advanced Micro Devices Inc., the shaving manufacturer of computer of not 2, and the shaving manufacturer of the graphs Nvidia Corp. 4 percents fell around as the companies said that they had mentioned them in a anticompetitive investigation of the E.E.U.U.
The parts of Nvidia fell 3,9 percents, or $1,45, to $35,54 in the Nasdaq and AMD it shares slid 4,1 percents, or 88 cents, to $20,69 in the NYSE. Adding to the afflictions of the Nasdaq, the action of Intel Corp., the greater shaving manufacturer of the world, fallen 2,2 percents, or 46,5 cents, to $20,93 in the news that rival AMD era in the track to send a new shaving by mid-2007. The additional grief in the Nasdaq was parts of the father of the market, Nasdaq Inc. Market Stock, that fell 7,1 percents, or $2,83, to $37,32 after the prudencial LLC of the group of the fairness backed down the electronic interchange greater �insufficient weight� of the E.E.U.U of the �excess of weight.�
The manufacturers obtain blue; the average of first order of the Dow fell after investors unloaded the action of some manufacturers, after the ISM data. The parts of 3M Co. they fell 1,8 percents, or $1,48 and contributed the majority to the declination of the Dow. The friction great second-more in the Dow was Caterpillar Inc., that action fell 1,4 percents, or 84 cents, to $61,19 in stock-market of action of New York.
Between gainers, parts of Home Inc. Depot (NYSE: HD - the news) rose 2,6 percents, or $1,00, to $38,97 in the NYSE after information of means of the possible interest of the purchase of participation in the greatest retailer of the improvements for the home of the world. But the executive Roberto Nardelli, quoted by Newspaper-Constitution de Atlanta, denied the homemade deposit persecuted any distribution. The volume was active in the NYSE, where near 1,72 billion parts they changed the hands, exceeding the average of the last year daily of 1,61 billion. In the Nasdaq, near 2,05 billion parts they negotiated, on the average of the last year daily of 1,80 billion. The Decliners exceeded in number to advancers in the NYSE by a ratio of near 6 to 5, whereas in Nasdaq, more than nine action fell for each two that rose.