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Disappointing earnings from Exxon Mobil also weighed on shares.
(See: "Icahn To Yahoo!: It's On") Shares of Yahoo! fell 32 cents, or 1.4%, to $22.41.
Stamp duty is also payable on shares.
This would let foreigners bet on shares without the headaches of owning them.
This means that returns on shares must come almost entirely in the form of capital gains.
But if dividend growth remained unchanged, this small difference could have a devastating effect on shares.
For the next half-century, the dividend yield on shares was below that on government bonds.
They did, instructing banks to stop lending to people and companies borrowing to speculate on shares.
That means concentrating on shares of companies with strong balance sheets and managements.
It costs just 3p to raise £100 from duty on shares traded electronically.
That will make it easier to determine the profits or losses on shares you sell.
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