Around the World's Markets: New York

Tuesday 06 April 1999 23:02 BST

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THE DOW failed to stay above the 10,000 mark following a profit warning from Gillette, the world's largest manufacturer of razors.

Gillette tumbled more than 10 per cent after it said that slowing Latin American sales would hurt profits this year, dragging the Dow down 0.4 per cent to 9965.43 by midday. The hi-tech Nasdaq Composite index, which like the Dow set a new record high on Monday, rose 5.32 points to 2566.70.

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