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The Closing Bell: U.S. Stocks Turn Lower

TedTed
edited September 2014 in Fund Discussions
FYI: S. stocks eased Monday, as investors took a breather following last week's gains.
The Dow Jones Industrial Average fell 41 points, or 0.2%, to 17096 recently. The S&P 500 index eased 10 points, or 0.5%, to 1998. The Nasdaq Composite Index declined eight points, or 0.2%, to 4575.
Energy companies posted the biggest losses, as oil prices fell to an eight-month low.
The pullback follows strides by major indexes last week. On Friday, the S&P cruised to its 33rd record close of the year, as investors viewed the disappointing August jobs report as leeway for the Federal Reserve to keep its easy-money policies in place longer.
Regards,
Ted
http://online.wsj.com/articles/u-s-stock-futures-lower-1410179074#printMode

Markets At A Glance: http://markets.wsj.com/us

Comments

  • Pretty lousy.

    BAC had nice bump.

    Otherwise, poor.

    Surprised GE did not move more on appliance unit sale.

    c
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