5 Feb 2014
US stocks close near to highs... but negative
FXStreet (San Francisco) - Wall Street closed on the downside no matter its attempts to recover initial losses. Finally, major indexes closed near to highs but it was all over red.
Better than expected service sector data fueled investors' confidence, however the market is reluctant to take positions ahead of ECB meeting and Non Farm payrolls report.
The DJIA lost 5.01 points or 0.03% to close almost flat on the day at 15,440.23; the S&P 500 declined 3.56 pts or 0.20% to finish at 1,751.64; while the Nasdaq Composite eased 19.97 pts or 0.50% to 4,011.55.
Better than expected service sector data fueled investors' confidence, however the market is reluctant to take positions ahead of ECB meeting and Non Farm payrolls report.
The DJIA lost 5.01 points or 0.03% to close almost flat on the day at 15,440.23; the S&P 500 declined 3.56 pts or 0.20% to finish at 1,751.64; while the Nasdaq Composite eased 19.97 pts or 0.50% to 4,011.55.