Stocks paired their losses on Monday. It is now down 2.52% at 922.34. S&P was stuck in a narrow range almost all day long today. The volume at the exchange remained also insubstantial. It is now slightly shy of the 3 billion range with a down volume of 2.7 billion. Industrials sector is the biggest laggard, down 3.14%.
Gold and Silver are also trading lower at $927.85 and $14.07 an ounce, down 1.11% and 5.06% respectively. Crude oil, on the other hand is still above $70 a barrel, down 2%.
European bourses closed the day trying some fresh lows. FTSE 100 at 4326.01, down 2.61%, DAX at 4889.94, down 3.54% and CAC 40 at 3219.58, down 3.20%.
It was over all a choppy session at the stock exchange today.
Monday, June 15, 2009
Early Monday
Stocks started Monday under heavy selling pressure. S&P 500 is down 16.70 points to 929.69. S&P has 10 advances and 490 declines. Materials sector leads today sell-off, down 2.78%.
Except the U.S. Dollar all the commodities and fixed income are trading with paired losses. Dollar index is up, 0.96 at 80.93.
Except the U.S. Dollar all the commodities and fixed income are trading with paired losses. Dollar index is up, 0.96 at 80.93.
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