Stock Exchange New York: Wall Street ends hesitant, little affected by Greece
New York (awp / afp) – Wall Street ended little changed Monday as worries about the Greek political situation frankly not sufficient to spoil the optimism observed by investors since mid-December. The Dow Jones lost 0.08% and the Nasdaq was almost unchanged
According to final results, the Dow Jones yielded 15.48 points 18 ’038.23 points ending seven straight sessions of gains and the Nasdaq, dominated by technology, took 0.05 points to 4806.91 point
The broader S & amp.; P 500, closely followed by investors, it has progressed, gaining 0.09%, or 1.80 points, to 2090.57 points.
“The market has not had much to assimilate today and trade are limited, “said David Levy of Kenjol Capital Management. “Looks like the stock market does not concentrate on anything in particular, and instead count the days and hours before the end of the year.”
While the activity was very low at the start a shortened week that will see Wall Street remain closed on Thursday for the New Year, the news is mostly from Greece, where the parliament has definitely failed to elect a head of state.
Legislation Advance will be held on January 25, with the radical left party Syriza as a favorite. The country’s creditors were quick to express their concern, firstly the European Union (EU) and the International Monetary Fund (IMF) said Monday that discussions on its aid program are on hold pending clearer picture of it.
However, “it’s not that it’s not alarming, but it should not affect the general impression that the US stock market is the best destination for investors, “said Michael James of Wedbush Securities.
” For a week and a half, the market has seen a fairly dramatic increase, mainly in the idea that “the Federal Reserve does not fall within its future interest rates, close to zero, he recalled.
Now, “the week will be dominated by the evolution of oil prices,” ruled David Levy, while prices Oil prices ended at their lowest level in five and a half years in New York and London, a barrel of New York crude falling below 54 dollars.
TOUCHED BY CHRYSLER RECALL
Among the values, Manitowoc manufacturer jumped 8.94% to 22.79 dollars, while the activist investor Carl Icahn announced to have a share of 7.7% in the crane specialist, it has split into two groups.
The chain Walgreens pharmacies, whose shareholders agreed the merger with the European Alliance Boots for $ 16 billion, gained 0.43% to 76, $ 79.
The US automaker FCA, formerly Chrysler, lost 1.01% to 11.76 dollars, after recalling more than 65,000 old car models due to a problem that caused a fatal accident.
The social network Twitter, whose services have suffered a break Sunday before being reinstated the next day, fell 3.14% to 36.42 dollars.
Also in the technology sector, Google, including Gmail service was blocked in China, sold 0.78% to 537.31 dollars.
The laboratory Gilead biotechnologies has advanced 3 70% to 97.26 dollars, continuing to return in part on his fall from the beginning of last week, but far below the level at which it peaked in mid-December to around $ 110.
The bond market was rising. The yield on 10-year Treasury fell to 2.207% against 2.250% Friday night, and that good for 30 years at 2.776% against 2.814% previously.
afp / rp
(AWP / 30/12/2014 6:21)
(AWP / 12/30/2014 6:21) ^ ->
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