16 Dec 2014
Wall Street gives up 260 points and closes negative; all ahead of FOMC
FXStreet (San Francisco) - Another choppy day in the US stocks market as investors chose direction erratically amid swaying oil prices and the Russian Ruble drama.
The Dow lost near 260 points before posting a decline of 111.97 points to 17,068.87. All indexes extended losses in the last hour. The S&P 500 lost 0.85% on the day to 1,972.74; while the Nasdaq Composite finished at 4,547.83, 1.24% down in the session.
Most sectors finished Tuesday down for the day. Big losers were Techs (-1.20%), consumer discretionary (-0.93%) and Health Care (-0.72%). The Energy sector posted big gains (+1.56%), followed by Materials (+0.16%) and Telecomm (+0.08%). Small caps in the figure of the Russell 2000 declined 0.08% to 1,139.37.
Top winners were Royal Dutch Shell $RDS.B (+4.10%), Rio Tinto $RIO (+3.34%) and CVS $CVS (+2.72%). Laggards were Google $GOOOG (-3.58%), Microsoft $MSFT (-3.24%) and Facebook $FB (-2.99%).
The Dow lost near 260 points before posting a decline of 111.97 points to 17,068.87. All indexes extended losses in the last hour. The S&P 500 lost 0.85% on the day to 1,972.74; while the Nasdaq Composite finished at 4,547.83, 1.24% down in the session.
Most sectors finished Tuesday down for the day. Big losers were Techs (-1.20%), consumer discretionary (-0.93%) and Health Care (-0.72%). The Energy sector posted big gains (+1.56%), followed by Materials (+0.16%) and Telecomm (+0.08%). Small caps in the figure of the Russell 2000 declined 0.08% to 1,139.37.
Top winners were Royal Dutch Shell $RDS.B (+4.10%), Rio Tinto $RIO (+3.34%) and CVS $CVS (+2.72%). Laggards were Google $GOOOG (-3.58%), Microsoft $MSFT (-3.24%) and Facebook $FB (-2.99%).