Dow, S&P 500 Have Worst Month since January 2014 - East Idaho News
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Dow, S&P 500 Have Worst Month since January 2014

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Getty WallStreet?  SQUARESPACE CACHEVERSION=1422660002907iStock/Thinkstock(NEW YORK) — The markets closed the last day of January near the session’s lows, marking the worst month for the Dow and S&P 500 since January 2014.

The Dow Jones Industrial Average finished the session on Friday at 17,164.95, down 251.90 from its open.

The Nasdaq also fell by 48.17 to close at 4,635.24. The S&P 500 was down 26.26 to close at 1994.99.

Chevron was one of the Dow’s biggest losers after reporting a 30 percent decline in fourth-quarter profit.

Pilots of American Airlines and U.S. Airways now have a single labor contract, a step toward combining workforces at the two carriers following their merger in December 2013.

A federal appeals court in Washington D.C. on Friday ruled that of POM Wonderful LLC’s advertisements made a misleading or false claim that the pomegranate-based products cubed the risk of heart disease and certain kinds of cancer.

 “Today’s decision by the D.C. Circuit is a victory for consumers,” said Federal Trade Commission Chairwoman Edith Ramirez in a statement.” It is in keeping with established law that advertisers who market products for serious health conditions must have rigorous science to back up those claims.”


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