Dhaka, Bangladesh (BBN)- US stocks declined, sending the Dow Jones Industrial average to 8,881.26, as energy producers dropped on lower oil prices and banks slid following an increase in bad loans.

The US Dollar (USD) dropped to 1.4219 against the Euro (EUR), a seven week low, as resilience in equities curbed demand for the greenback, according to reports.

The British Pound (GBP) traded at 86.41 pence against EUR, a week low, as reports exhibit that UK house price declines will persist.

BBN/SS/SI/AD-23July09-12:50 pm (BST)