25 Nov 2013
Wall Street closed mixed the day Nasdaq touched 4,000 13 years later
FXstreet.com (Barcelona) - The US stocks market closed flat on Monday as investors' confidence was fueled by Iran nuclear deal but cautions ahead November ending and pre-holiday season rebalancing.
Market was relocating positions ahead the end of the month while taking profit at high levels. Coincidentally, social media companies including Facebook (-3%), Twitter (-4.7%) and Linkedin (-1.6%) declined hard. The Nasdaq Composite touched the 4,000 key level for first time since the Dot-com crash
The Dow Jones added 7.77 points or 0.05% to finish the day at 16,072.54; the S&P 500 declined 2.28 pts or 0.13% to close the session at 1,802.48; and the Nasdaq Composite advanced 2.92 pts or 0.07% to 3,994.57.
Market was relocating positions ahead the end of the month while taking profit at high levels. Coincidentally, social media companies including Facebook (-3%), Twitter (-4.7%) and Linkedin (-1.6%) declined hard. The Nasdaq Composite touched the 4,000 key level for first time since the Dot-com crash
The Dow Jones added 7.77 points or 0.05% to finish the day at 16,072.54; the S&P 500 declined 2.28 pts or 0.13% to close the session at 1,802.48; and the Nasdaq Composite advanced 2.92 pts or 0.07% to 3,994.57.