U.S. markets slide Wednesday

The DJIA rose briefly above its Jan. 2 staring point of 8,776.39 before dropping back. In early afternoon trading, the DJIA lost 91.68 points, 1.05 percent, to 8,671.38.

The Standard & Poor's 500 lost 11.51 points, 1.22 percent, to 930.92. The Nasdaq composite index lost 28.02 points, 1.51 percent, to 1,832.11.

The benchmark 10-year U.S. Treasury bond fell 25/32 to yield 3.962 percent.
The euro fell to $1.3961, compared to Tuesday's $1.4079. Against the Japanese yen, the dollar rose to 98.31 yen, up from Tuesday's 97.37 yen.

In Tokyo, the Nikkei average gained 204.67 points to 9,991.49, up 2.09 percent.
In London, the FTSE 100 index rose 0.73 percent, 31.96 points, to 4,436.75.

Copyright 2009 by United Press International.