NEW YORK -- U.S. markets ended mixed Monday with retail giant Wal-Mart pulling down stocks and Wall Street appearing under whelmed by Thanksgiving shopping data. The Dow Jones industrial average ended down 46.33, or 0.44 percent, at 10,475.90. Nasdaq ended up 4.90, or 0.23 percent, at 2106.87, and Standard & Poor's ended down 4.08, or 0.23 percent, at 1,178.57.
Black Friday sales were up about 11 percent from last year to $8 billion. Wal-Mart dropped its November sales growth prediction to 0.7 percent, far less than the 2 percent to 4 percent analysts had expected. Shares of Wal-Mart ended down $2.17, or 3.92 percent, to $53.15, and most other retailers also ended down, the Wall Street Journal reported.
Overseas, Tokyo's Nikkei 225 stock average rose 144.14 or 1.3 percent to 10,977.89. London's FTSE gained 8.30 or 0.18 percent to close at 4.749.80.
The dollar rose to 102.88 yen from 102.58 Friday. The euro slipped to $1.3271 from $1.3292.
The 10-year Treasury note fell 25/32, or $7.81 for each $1,000 invested, for a yield of 4.33 percent.
Copyright 2004 by United Press International
