ADR Report-Weak dollar hurts exporters, drags market

Newswire

By Arindam Nag NEW YORK, Feb 23 (Reuters) - Shares of several export-oriented companies, hurt by the weak dollar, fell on Wednesday, pulling down the overall market of overseas shares, with Asian stocks among the worst hit. The Bank of New York's index of leading ADRs , gyrated for most of the morning and was last down 0.1 percent to 123.93 at a time when the 30-share Dow Jones Industrial average was up 0.32 percent to 10645.27. Japanese and Korean stocks were among the Asian stocks ...

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