{"id":12994,"date":"2011-10-01T09:29:00","date_gmt":"2011-10-01T09:29:00","guid":{"rendered":"https:\/\/www2.thestockmarketwatch.com\/stock-market-news\/stocks-end-sharply-lower-on-last-trading-day-of-the-quarter\/12994\/"},"modified":"2011-10-01T09:29:00","modified_gmt":"2011-10-01T09:29:00","slug":"stocks-end-sharply-lower-on-last-trading-day-of-the-quarter","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/stocks-end-sharply-lower-on-last-trading-day-of-the-quarter\/12994\/","title":{"rendered":"Stocks End Sharply Lower on Last Trading Day of the Quarter"},"content":{"rendered":"<p><script type=\"text\/javascript\"><!--\ngoogle_ad_client = \"ca-pub-1408583772585547\";\n\/* SMW - News Links *\/\ngoogle_ad_slot = \"3490797620\";\ngoogle_ad_width = 468;\ngoogle_ad_height = 15;\n\/\/-->\n<\/script><br \/>\n<script type=\"text\/javascript\" src=\"http:\/\/pagead2.googlesyndication.com\/pagead\/show_ads.js\">\n<\/script><\/p>\n<p><!--mfunc include_once('\/mnt\/Target01\/327806\/www.thestockmarketwatch.com\/web\/content\/stock-market-news\/wp-content\/plugins\/ad-injection\/adshow.php') --><br \/>\n<!--\/mfunc--><\/p>\n<p>Stocks fell sharply on the last trading day of what has been a dismal quarter for the global equity markets. On Friday, all three major indexes fell sharply on worries that European policymakers will not act quickly enough to solve the euro zone debt crisis. Stocks were also pushed lower by weak consumer spending data in the U.S. and higher than anticipated inflation in the euro zone.<\/p>\n<p><span id=\"more-12994\"><\/span><\/p>\n<p>The <a href=\"https:\/\/thestockmarketwatch.com\/markets\/dowjones\/today.aspx\">Dow Jones<\/a> ended the day 2.16% lower at 10,913.38, the <a href=\"https:\/\/stockmarketwatch.com\/markets\/sp500\/\" data-internallinksmanager029f6b8e52c=\"3\" title=\"snp500 today\">S&amp;P 500<\/a> ended the day 2.50% lower at 1,131.42, and the <a href=\"https:\/\/thestockmarketwatch.com\/markets\/nasdaq\/today.aspx\">Nasdaq<\/a> ended the day 2.63% lower at 2,415.40.<\/p>\n<p><!--mfunc adshow_display_ad_file_v2(array('ad_random_1.txt'), array(100), array('align' => 'float right', 'clear' => '', 'margin_top' => '', 'margin_bottom' => '', 'padding_top' => '', 'padding_bottom' => ''), array(), array()) --><\/p>\n<div style=\"float:right;margin-left:5px;\"><script type=\"text\/javascript\"><!--\ngoogle_ad_client = \"ca-pub-1408583772585547\";\n\/* SMW - in News 300 *\/\ngoogle_ad_slot = \"5684630733\";\ngoogle_ad_width = 300;\ngoogle_ad_height = 250;\n\/\/-->\n<\/script><br \/>\n<script type=\"text\/javascript\" src=\"http:\/\/pagead2.googlesyndication.com\/pagead\/show_ads.js\">\n<\/script><\/div>\n<p><!--\/mfunc--><\/p>\n<p>Conglomerates were the worst performers in the S&amp;P 500 on Friday, ending the day 4.03% lower. Basic Materials stocks ended the day 2.58% lower, while Energy stocks ended the day 2.54% lower. Financials ended the day 2.86% lower. All sectors in the S&amp;P 500 ended the day in red.<\/p>\n<p>Among the major losers in Friday\u2019s trading session were Eastman Kodak Company (<a href=\"https:\/\/thestockmarketwatch.com\/stock.aspx?stock=ek\">NYSE: EK<\/a>), which ended the day 53.84% lower at $0.780, Ingersoll-Rand Plc (<a href=\"https:\/\/thestockmarketwatch.com\/stock.aspx?stock=ir\">NYSE: IR<\/a>), which ended the day 12.11% lower at $28.09, Wynn Resorts Limited (<a href=\"https:\/\/thestockmarketwatch.com\/stock.aspx?stock=wynn\">NASDAQ: WYNN<\/a>), which ended the day 8.33% lower at $115.08, Focus Media Holding Limited (ADR) (<a href=\"https:\/\/thestockmarketwatch.com\/stock.aspx?stock=fmcn\">NASDAQ: FMCN<\/a>), which ended the day 17.31% lower at $16.83, and Micron Technology Inc. (<a href=\"https:\/\/thestockmarketwatch.com\/stock.aspx?stock=mu\">NASDAQ: MU<\/a>), which ended the day 14.14% lower at $5.04.<\/p>\n<p>Among the major gainers in Friday\u2019s trading session were Acura Pharmaceuticals Inc. (<a href=\"https:\/\/thestockmarketwatch.com\/markets\/nasdaq\/today.aspx\">NASDAQ<\/a>: ACUR), which ended the day 14.86% higher at $3.40, and DemandTec Inc. (NASDAQ: DMAN), which ended the day 8.10% higher at $6.54.<\/p>\n<p>In Europe, stocks ended mostly lower in Friday\u2019s trading session, with Euro Stoxx 50 ending the day 1.48% lower. In Asia, markets ended mostly lower, with Hang Seng Index falling 2.32% to 17,592.41.<\/p>\n<p>&nbsp;<\/p>\n<hr>\n<table style=\"border:none;margin:0;\">\n<tr>\n<td style=\"padding:5px;vertical-align:top;\" valign=\"top\">\n<img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www2.thestockmarketwatch.com\/stock-market-news\/wp-content\/uploads\/2024\/08\/5.jpg\" alt=\"edliston\" width=\"125\" height=\"125\" class=\"photo\"><\/td>\n<td style=\"padding:5px;vertical-align:top;\" valign=\"top\">\n<div style=\"font-size:11pt;\"><b>Post Written By: Ed Liston <\/b><\/div>\n<div style=\"font-size:10pt;\">\n<p>Ed Liston is a senior contributing editor at TheStockMarketWatch.com. An active market watcher and investor, Ed guides an independent team of experienced analysts and writes for multiple stock trader publications. He is widely quoted in various financial publications on the Internet. When Ed is not writing about stocks, investing in stocks, talking about stocks, or otherwise doing something stock related, he likes to go sailing and fishing in his yacht.\n<\/p><\/div>\n<\/td>\n<\/tr>\n<\/table>\n<p><script type=\"text\/javascript\"><!--\ngoogle_ad_client = \"pub-1408583772585547\";\n\/* 336x280, created 7\/9\/11 *\/\ngoogle_ad_slot = \"3552319058\";\ngoogle_ad_width = 336;\ngoogle_ad_height = 280;\n\/\/-->\n<\/script><br \/>\n<script type=\"text\/javascript\" src=\"http:\/\/pagead2.googlesyndication.com\/pagead\/show_ads.js\">\n<\/script><\/p>\n<div style=\"margin:5px;margin-bottom:20px;font-size:11pt;\">&laquo; <a href=\"https:\/\/thestockmarketwatch.com\/stock-market-news\/\">Return to Stock Market News<\/a> &laquo; <\/div>\n","protected":false},"excerpt":{"rendered":"<p>Stocks fell sharply on the last trading day of what has been a dismal quarter for the global equity markets. 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