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  • Sports Briefs April 18

    sports3AP (ARLINGTON, Texas) -- Kevin Kouzmanoff delivered again, doubling twice and scoring two runs as the Texas Rangers beat Seattle Mariners 8-6 yesterday. Texas lost the opener of the four-game series on Monday night, but won the last three. Robinson Cano homered for the Mariners. He's in a 3-for-18 slump. Right-hander Brandon Maurer will be recalled from Triple-A Tacoma to start for the injury-plagued Mariners on Sunday.

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Stocks Down Ahead of the Holiday Weekend

b_250_0_16777215_00_images_obgrabber_2013-08_2137c88208.jpgiStockphoto/Thinkstock(NEW YORK) -- U.S. Stocks called it a week, and the month, with losses on the  Friday before Labor Day weekend. The Dow Jones Industrial Average closed down 30.64 points, or 0.2 percent, at 14,810.31. While blue chips trading is down for the week and the month of August, the index is still up for the year.

The Nasdaq Composite gave up 30.43 points to close at 3,589.87. The S&P 500 closed off 5.20 points at 1,632.97.

The markets are closed on Monday for Labor Day. Investors are still plagued by uncertainty over whether the Federal Reserve will start scaling back its support for the economy next month.  There are also new worries about a possible U.S. military strike on Syria. Americans are also not feeling as confident about the economy.  The latest University of Michigan Consumer Sentiment index was at a six-year high in July, but it slipped lower in August.  Even with the drop, it was still nearly eight points higher than a year ago.

 

Gold is having a summer revival. Prices touched $1,420 an ounce this week -- a three and a half-month high.  Escalating tensions in the Mideast and renewed demand for jewelry in china pushed prices higher.

Copyright 2013 ABC News Radio

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