S&P and Nasdaq stopped a 6-day winning streak

FXStreet (San Francisco) - Wall Street closed Wednesday with losses as investors' confidence was hurt by a mix set of corporate earnings as well as weaker than expected US housing data in March.

The Nasdaq and the S&P 500 stopped a 6-day winning streak specially dragged by tech companies.

The Dow Jones declined 12.72 points or 0.08% to finish the day at 16,501.65; the S&P 500 lost 4.16 pts or 0.22% to close at 1,875.39; while the Nasdaq eased 34.49 pts or 0.83% to 4,126.97.

After hours, Facebook, E*Trade and Qualcomm posted better than expected earnings.

Apr 23, 2014

Europena wrap and a look at China flows - BMO Capital Markets

Stephen Gallo, European Head of Currency Strategy at BMO Capital gives us a wrap of european markets and then takes us across to China.

Session Recap: The comeback of the Yen

The Yen was among the best performers on Wednesday, rising for the first time in almost two weeks, supported by risk aversion and falling US Treasury yields. The Aussie was the worst performers weakened after inflation data from Australia and Chinese economic data. Stocks in the US finished lower, with the NASDAQ down 0.83%; but futures soared after Apple’s quarter earnings report.