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12 March 2001 09:53  US stocks end lower; Nasdaq down over 5%


New York, March 9 (BridgeNews) - The Nasdaq plunged over 5% to a new two-year low after yet another revenue warning from Intel Corp. (INTC) sent technology stocks into a nosedive. The broader market also suffered heavy losses, with a stronger-than-expected employment report adding downward pressure. The Nasdaq closed down 115.95, or 5.35%, to 2052.78 and the Dow was down 213.63, or 1.97%, to 10,644.62. The S&P 500 was down 31.32, or 2.48%, to 1233.42.
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