7 Jul 2014
US stocks decline after holiday
FXStreet (Córdoba) - Stocks finished lower in Europe and are falling in Wall Street at the beginning of the week. A decline in german industrial output weight on European stocks. The FTSE 100 lost 0.62% while the Dax fell 1.03%. The worst among European indexed was France’s Cac 40 that dropped 1.41%.
Trading resumed in Wall Street after Friday’s holiday. Main indexes are falling as speculation about when the Federal Reserve will move rates increases, particularly ahead of the release of the FOMC minutes. The Dow Jones is losing 0.35%, holding slightly above the 17,000 mark while the Nasdaq losses 0.73% and the S&P 500 drop 0.48%.
As US stocks are pulling back from record highs, gold and crude oil are also falling. The yellow metal trades at $1,317/oz, down 0.25% while the barrel is losing 0.60% at $103.40.
Trading resumed in Wall Street after Friday’s holiday. Main indexes are falling as speculation about when the Federal Reserve will move rates increases, particularly ahead of the release of the FOMC minutes. The Dow Jones is losing 0.35%, holding slightly above the 17,000 mark while the Nasdaq losses 0.73% and the S&P 500 drop 0.48%.
As US stocks are pulling back from record highs, gold and crude oil are also falling. The yellow metal trades at $1,317/oz, down 0.25% while the barrel is losing 0.60% at $103.40.