US stocks lose after

Thebullishtrends: US Stocks slipped on Thursday on the reports of Benazir Bhutto Assasination in Pakisatn. The major indexes slipped by one percent where as Dow Jones Industrial average fell down by 192 points. Pakisatan Late Primne Minister Benazir Bhutto's assasination increased the un stability in abroad and fuels the Oil prices were also cause of concern for todays reason.

As per CNN reports, Former Pakistani Prime Minister Benazir Bhutto was assassinated Thursday in a suicide attack in Rawalpindi, Pakistan. Investors worry that Bhutto's assassination will cause further political strife in Pakistan, a country with nuclear capabilities, and upset world markets.

Markets were also shaken by a number of economic reports released early Thursday highlighting concerns about the strength of the economy.

"The assassination of Benazir Bhutto got the market off on a bad foot and now we're seeing a lot of selling on the negative economic news," said Fred Dickson, chief market strategist at D.A. Davidson & Co.

The number of shares changing hands Thursday has been unusually low, since many Wall Street traders are on vacation this week. This means that the market's reaction to new developments, good or bad, could be exaggerated, according to Dickson."In the absence of any good news, there's nothing to bring the buyers in,"On the economic front, the U.S. Commerce Department said factory orders for November came in lower than expected.