San Diego State University’s Independent Student Newspaper Since 1913

The Daily Aztec

San Diego State University’s Independent Student Newspaper Since 1913

The Daily Aztec




San Diego State University’s Independent Student Newspaper Since 1913

The Daily Aztec

Finance Beat 10/19/2011

San Diego-based health care technology firm Dexcom (DXCM) was trending slightly negatively yesterday morning, down 12 cents at 10.50. A similar medical device firm, NuVasive (NUVA) was also slightly down at 16.60.

The Dow Jones Industrial Average (DJI) continues its downward slide after Monday’s 247-point drop. As of Tuesday morning it was down an additional 70 points, around 11,323, caused by Moody’s rating agency mentioning it would review France’s credit rating, and some less-than-stellar earnings from several companies.

The NASDAQ and the S&P 500 were both down a little below 1 percent at 2,590 and 1,192 respectively.

The yield on the 10-year Treasury bond was also down slightly at 2.128 and gold was trading down about 2 percent at 1,642.

— Compiled by contributor Chet Galloway

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San Diego State University’s Independent Student Newspaper Since 1913
Finance Beat 10/19/2011