Back
2 Jun 2014
Wall Street survives the ISM hara-kiri
FXStreet (San Francisco) - The US stocks market closed mixed on Monday as investors are focused on upcoming European central banks meetings and May employment report.
In a bizarre story, the ISM number in May was revised two times, one to the upside but another to the down, in just 90 minutes. Finally, the number came in line of expectations.
New record highs for the Dow Jones and the S&P 500; while the Nasdaq closed negative.
The Dow Jones advanced 26.46 points or 0.16% on the day to close at 16,743.63; The S&P 500 added 1.40% or 0.07% to its index and it finished at 1,924.97; while the Nasdaq Composite declined 5.42 pts or 0.13% to 4,237.20.
In a bizarre story, the ISM number in May was revised two times, one to the upside but another to the down, in just 90 minutes. Finally, the number came in line of expectations.
New record highs for the Dow Jones and the S&P 500; while the Nasdaq closed negative.
The Dow Jones advanced 26.46 points or 0.16% on the day to close at 16,743.63; The S&P 500 added 1.40% or 0.07% to its index and it finished at 1,924.97; while the Nasdaq Composite declined 5.42 pts or 0.13% to 4,237.20.