Culture

Markets Down

Share indexes were generally lower in early afternoon trading - the Dow slipping 47 to 8025 and the Nasdaq slumping 18 to 1724 - despite a wave of strong earnings reports. Tea-leaf readers opined that continuing concern about the inflation outlook depressed prices.

Share indexes were generally lower in early afternoon trading - the Dow slipping 47 to 8025 and the Nasdaq slumping 18 to 1724 - despite a wave of strong earnings reports. Tea-leaf readers opined that continuing concern about the inflation outlook depressed prices.