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29 Dec 2014
Wall Street closed near breakeven despite selling pressure at the end
FXStreet (San Francisco) - US stocks closed mixed in small ranges on Monday as investors are in holiday mood; with news on Russia's first GDP decline in 5 years, Greece's failure to form government and the oil at 5 1/2 years lows.
The Dow fell for the first time after seven positive days while the S&P ended at new highs. The Russell 2000 passed the 2K milestone. Overall, market saw selling pressure at the end of the day.
The Dow Jones declined 0.09% to 18,038.23; the S&P 500 advanced 0.09% to 2,090.57; while the Nasdaq Composite was almost unchanged after added 0.05 points in the day to 4,806.91.
Small caps in the figure of the Russell 2000 rose achieved a new milestone after rising 0.32% to finish above the 2,000 level at 1,219.11.
Most sectors finished Monday up for the day. Stocks were led by Utilities (+1.17%), Consumer Discretionary (+0.36%) and Health Care (0.09%). To the downside, Techs (-0.63%), Telecomm (-0.41%) and Consumer Staples (-0.32%) were the top losers.
US Treasurys rose as investors were looking for safe haven after Greece crisis. Oil WTI declined to $53.00. Gold fell to 1,184.
The Dow fell for the first time after seven positive days while the S&P ended at new highs. The Russell 2000 passed the 2K milestone. Overall, market saw selling pressure at the end of the day.
The Dow Jones declined 0.09% to 18,038.23; the S&P 500 advanced 0.09% to 2,090.57; while the Nasdaq Composite was almost unchanged after added 0.05 points in the day to 4,806.91.
Small caps in the figure of the Russell 2000 rose achieved a new milestone after rising 0.32% to finish above the 2,000 level at 1,219.11.
Most sectors finished Monday up for the day. Stocks were led by Utilities (+1.17%), Consumer Discretionary (+0.36%) and Health Care (0.09%). To the downside, Techs (-0.63%), Telecomm (-0.41%) and Consumer Staples (-0.32%) were the top losers.
US Treasurys rose as investors were looking for safe haven after Greece crisis. Oil WTI declined to $53.00. Gold fell to 1,184.