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15 Dec 2014
Swing session finished with declines; S&P below 2,000
FXStreet (San Francisco) - Wall Street ended with losses on Monday after a volatile session that negotiated the Dow Jones in a range of 300 points. The S&P closed below the 2,000 level for the first time since October 30.
Investors initially cheered a set of good economic data in the United States but the weak oil prices pushed the stocks down. In addition, a 'quadruple witching' event takes place this week.
All sectors finished Monday down for the day. Most losers were Energy shares (-1.71%), Materials (-1.58%) and Utilities (-1.35%). Smal caps in the figure of the Russell 2000 declined 1.05% to 1,140.30.
In large caps, top winners were Oracle $ORCL (+2.90%), PetroChina $PTR (+1.45%) and Boeing (+1.08%). Top losers were Petrobras $PBR (-12.02%); Toyota $TM (-2.40%) and Apple $AAPL (-1.37%).
Investors initially cheered a set of good economic data in the United States but the weak oil prices pushed the stocks down. In addition, a 'quadruple witching' event takes place this week.
All sectors finished Monday down for the day. Most losers were Energy shares (-1.71%), Materials (-1.58%) and Utilities (-1.35%). Smal caps in the figure of the Russell 2000 declined 1.05% to 1,140.30.
In large caps, top winners were Oracle $ORCL (+2.90%), PetroChina $PTR (+1.45%) and Boeing (+1.08%). Top losers were Petrobras $PBR (-12.02%); Toyota $TM (-2.40%) and Apple $AAPL (-1.37%).