Jun 30th, 2009 | Stocks tumbled Tuesday after a private research group said consumer confidence unexpectedly fell in June. Investors had been expecting the Conference Board's measure of consumer sentiment to hold steady following big jumps in April and May.
Even with the slide, stocks ended the second quarter with sharp gains. The Dow Jones industrial average rose 11 percent, its best period since the fourth quarter of 2003. The Standard & Poor's 500 index rose 15.2 percent for the April-June period, its best run since the fourth quarter of 1998. And the Nasdaq composite index rose 20 percent, its strongest quarter since the second quarter of 2003.
The Dow Jones industrial average fell 82.38, or 1 percent, to 8,447.00.
The Standard & Poor's 500 index fell 7.91, or 0.9 percent, to 919.32.
The Nasdaq composite index fell 9.02, or 0.5 percent, to 1,835.04.
For the week:
The Dow is up 8.61, or 0.1 percent.
The S&P is up 0.4, or 0.1 percent.
The Nasdaq is down 3.18, or 0.2 percent.
For the year:
The Dow is down 329.39, or 3.8 percent.
The S&P is up 16.07, or 1.8 percent.
The Nasdaq is up 258.01, or 16.4 percent.
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