Stocks Fall; InterGroup Soars, Ceres Tanks

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The Dow Jones industrial average fell 37 points in Thursday trading to close at 18,126.

The S&P 500 fell three points to 2,121.

The Nasdaq fell nine points to 5,098.

The LABJ Stock Index fell one point to 233.

Gainers and Losers

Thursday’s biggest gainer was West Angeles real estate firm InterGroup Corp. Shares rose nine percent on the day, closing at $21.86.

Thursday’s biggest loser was agricultural biotech Ceres Inc. Shares tumbled 17 percent, just a day after shares had risen more than 70 percent. The Thousand Oaks company announced earlier this week that it had been awarded a patent for a soybean genetic sequence.

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