24 Jun 2013
US equities plummet on China concerns
FXstreet.com (New York) - The US stock market again opened negatively, this time on worries in China and a rising USD.
Beginning with the indices and composites, the NASDAQ fell -1.34% as it settles in region of 3311.07, down -44.89 points in these moments. In addition, the S&P 500 is trading in negative territory, operating at 1569.32, descending -22.80 points or -1.45% at the time of writing. Finally, the Dow Jones has moved lower at the opening, trading in the zone of 14670.62, presently -0.87% after a movement of -128.78 points.
Sectors are all lower at the opening, however the Energy and Basic Materials sectors have distinguished themselves as the losers thus far, falling -2.22% and -2.43% respectively. Moreover, the price of gold has settled at $1288.28 per oz., while silver is now negotiating a spot price of $19.84 per oz.
Beginning with the indices and composites, the NASDAQ fell -1.34% as it settles in region of 3311.07, down -44.89 points in these moments. In addition, the S&P 500 is trading in negative territory, operating at 1569.32, descending -22.80 points or -1.45% at the time of writing. Finally, the Dow Jones has moved lower at the opening, trading in the zone of 14670.62, presently -0.87% after a movement of -128.78 points.
Sectors are all lower at the opening, however the Energy and Basic Materials sectors have distinguished themselves as the losers thus far, falling -2.22% and -2.43% respectively. Moreover, the price of gold has settled at $1288.28 per oz., while silver is now negotiating a spot price of $19.84 per oz.