Wall Street turns negative as resources drag

By IBTimes Staff Reporter | January 13 2010 10:32 AM

Stocks gave up ground and major indexes turned negative on Wednesday, led by declines in energy and resource shares as the price of oil and other commodities fell.

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The Dow Jones industrial average <.DJI> slipped 7.93 points, or 0.07 percent, to 10,619.33. The Standard & Poor's 500 Index <.SPX> fell 1.89 points, or 0.17 percent, to 1,134.33. The Nasdaq Composite Index <.IXIC> lost 6.97 points, or 0.31 percent, to 2,275.34.

(Reporting by Leah Schnurr; Editing by Padraic Cassidy)

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