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9 Feb 2015
US stocks closed down for second day amid Greece problem
FXStreet (San Francisco) - Major averages closed negative for the second consecutive day as Wall Street was focused on the situation in Greece and the lack of resolution, or at least any positive step. Investors dismissed the 2% increase in oil prices.
Most sectors finished Monday down for the day. Laggards were Utilities with 0.85% decline; followed by Health Care (-0.82%) and Consumer Staples (-0.59%). Only two sectors posted gains: Materials rose 0.50%, while Energy shares advanced 0.36% on the day.
The Dow Jones fell 0.53% to 17,729.21; the S&P 500 lost the 2,050 level after declining 0.42% on the day to 2,046.74; while the Nasdaq Composite finished 0.39% down at 4,726.01. Small Caps in the figure of the Russell 2000 lost 0.80% to 1,195.83.
Big winners of the day were: Nippon Telegraph & Telephone Corp $NTT (+3.93%); Novartis AG $NVS (+3.72%); and Apple $AAPL (+0.66%). Losers in big caps were WalMart $WMT (-1.63%); Johnson & Johnson $JNJ (-1.31%); and HSBC Holdings $HSBC (-1.51%). The UK bank was trading under pressure amid the Falciani list scandal.
On related markets, oil prices closed positive at $52.72 after jumping above the R1 and testing the $54.00 level. The oil performed its fourth positive day in a row. Gold traded in consolidation pattern after Friday's decline.
Most sectors finished Monday down for the day. Laggards were Utilities with 0.85% decline; followed by Health Care (-0.82%) and Consumer Staples (-0.59%). Only two sectors posted gains: Materials rose 0.50%, while Energy shares advanced 0.36% on the day.
The Dow Jones fell 0.53% to 17,729.21; the S&P 500 lost the 2,050 level after declining 0.42% on the day to 2,046.74; while the Nasdaq Composite finished 0.39% down at 4,726.01. Small Caps in the figure of the Russell 2000 lost 0.80% to 1,195.83.
Big winners of the day were: Nippon Telegraph & Telephone Corp $NTT (+3.93%); Novartis AG $NVS (+3.72%); and Apple $AAPL (+0.66%). Losers in big caps were WalMart $WMT (-1.63%); Johnson & Johnson $JNJ (-1.31%); and HSBC Holdings $HSBC (-1.51%). The UK bank was trading under pressure amid the Falciani list scandal.
On related markets, oil prices closed positive at $52.72 after jumping above the R1 and testing the $54.00 level. The oil performed its fourth positive day in a row. Gold traded in consolidation pattern after Friday's decline.