Afternoon Markets: Dow slips despite positive Commerce Dept figures

The Dow Jones slipped in early trading despite Commerce Department reports suggesting personal spend...

The Dow Jones slipped in early trading despite Commerce Department reports suggesting personal spending, incomes and savings all rose in May, with savings rates soaring to a 15-year high of 6.9%. The index was down more than 43 points, or 0.51%, to 8,429.39, shortly after 10am local time. Pharmaceutical giant Pfizer Inc saw the biggest falls, dropping $0.24, or 1.57%, to $15.09, followed closely by Kraft Foods, which fell 1.52% to $25.29, and American Express, which dropped 1.15% to $24.16. Among the leading stocks were Caterpillar, up 1.74% to $35.09, and Home Depot, which jumped 1...