28 May 2014
Wall Street closed down after 4-day rally
The US stocks market closed down on Wednesday as investors didn't digest well the drop to lows since July in the US Treasury yields.
In addition, market could be trading in profit taking mode as they are balancing portfolios ahead of the month's finish.
The Dow Jones declined 42.32 points or 0.25% to finish the day at 16,633.18; the S&P 500 eased 2.13 points or 0.1% to close at 1,909.78; while the Nasdaq Composite lost 11.99 pts or 0.28% to 4,225.08.
In addition, market could be trading in profit taking mode as they are balancing portfolios ahead of the month's finish.
The Dow Jones declined 42.32 points or 0.25% to finish the day at 16,633.18; the S&P 500 eased 2.13 points or 0.1% to close at 1,909.78; while the Nasdaq Composite lost 11.99 pts or 0.28% to 4,225.08.