19 Nov 2013
Wall Street closed down amid profit taking
FXstreet.com (San Francisco) - The US stocks market closed negative on Tuesday as investors continued with its sells after all-time levels in Dow and S&P reached on Monday. Market participants digested upbeat Home Depot earnings report and a batch of Fed's officials speeches.
The Dow closed below the 16,000 after stopping 4-day win streak; and the S&P posted its first 2-day decline since November 1st. Fed's Yellen affirmed that the "monetary policy is likely to remain highly accommodative." and Evans commented "bountiful accommodation needed."
The Dow Jones declined 8.99 points or 0.06% to end the day at 15,967.03; the S&P 500 eased 3.66 pts or 0.20% to finish the day at 1,787.87; and the Nasdaq Composite lost 17.52 pts or 0.44% to 3,931.55.
The Dow closed below the 16,000 after stopping 4-day win streak; and the S&P posted its first 2-day decline since November 1st. Fed's Yellen affirmed that the "monetary policy is likely to remain highly accommodative." and Evans commented "bountiful accommodation needed."
The Dow Jones declined 8.99 points or 0.06% to end the day at 15,967.03; the S&P 500 eased 3.66 pts or 0.20% to finish the day at 1,787.87; and the Nasdaq Composite lost 17.52 pts or 0.44% to 3,931.55.