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US Airways, American, Delta lead the fall as auto bailout fades. Westjet still the best performer.

Analysis

Indices 11-Dec-08

After hovering around even most of the day, the US market fell late in the day, as prospects appeared to weaken for the approval of a USD15 billion rescue plan for the troubled auto industry ,after a key Republican senator opposed the measure. The Dow Jones Industrial Average fell 196.33 (-2.24%) to 8565.09 points. The Nasdaq decreased 38.12 (-3.12%) to 1183.47 and the Standard & Poor's 500 index fell 10.93 (-2.52%) to 422.32.

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