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20 May 05: US Stocks Lower As Friday's Trading Opens


U.S. stock market indexes were off by two-tenths of a percent or more in early trading on Friday.

The Dow Jones Industrial Average lost 27 points to hit 10,466. The S & P 500 dropped three points to reach 1,188, while the NASDAQ was down seven points at 2,036.

European share prices are higher in afternoon trading. London's Financial Times index, the CAC-40 in Paris, and the DAX index in Frankfurt all gained two-tenths of a percent or more.

Earlier in Asia, Tokyo's Nikkei index fell 40 points to finish at 11,037. Hong Kong's Hang Seng index gained 18 points to close at 13,717.

The price of gold is down nearly two dollars, trading at 418 dollars and 85 cents an ounce in New York.

The dollar is up against the yen and the euro in New York.

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