UNITED STATES SHOWING SOME IMPROVEMENT.

US stocks closed lower Tuesday, extending a decline amid investors’ about financial shares despite signs the economy is improving. Concerns that bank losses will continue pushed down financial shares led by American International Group (AIG), which lost 21 per cent to 36 dollars per share.
The blue-chip Dow Jones Industrial Average slipped 185.68 points, or 2 per cent, to 9,310.60. The technology- heavy Nasdaq Composite Index dropped 40.17 points, or 2 per cent, to 1,968.89.
The US currency climbed against the euro to 70.34 euro cents from 69.78 euro cents on Monday and dropped against the Japanese currency to 92.94 yen from 92.96 yen.