28 Apr 2014
Markets retreat on Internet shares’ sell-off
FXStreet (Edinburgh) -US markets are trading in the red territory at the beginning of the week, reverting a positive start after selling mood took over Internet companies and spread the sentiment.
DpwJones is now almost unchanged while the S&P500 is losing 0.32% and the Nasdaq, 0.89%. The US dollar, gauged by the DXY is retreating for the fourth consecutive session, hovering near 79.70.
Markets in Euroland moved into the positive ground on Monday following the upbeat sentiment in the M&A space after pharmaceutical giant Pfizer Inc. (PFE) said it was talking to AstraZeneca (AZN) about a merger. The German DAX advanced 0.48% seconded by the CAC40, 0.38% and the FTSE100, 0.22%. The EUR/USD is hovering over the 1.3850 area, coming down from 2-week highs at 1.3880.
In the commodities’ land, the barrel of WTI is posting meagre gains below the $101.00 mark while the ounce troy of gold is retreating 0.22% just shy of $1,300.
DpwJones is now almost unchanged while the S&P500 is losing 0.32% and the Nasdaq, 0.89%. The US dollar, gauged by the DXY is retreating for the fourth consecutive session, hovering near 79.70.
Markets in Euroland moved into the positive ground on Monday following the upbeat sentiment in the M&A space after pharmaceutical giant Pfizer Inc. (PFE) said it was talking to AstraZeneca (AZN) about a merger. The German DAX advanced 0.48% seconded by the CAC40, 0.38% and the FTSE100, 0.22%. The EUR/USD is hovering over the 1.3850 area, coming down from 2-week highs at 1.3880.
In the commodities’ land, the barrel of WTI is posting meagre gains below the $101.00 mark while the ounce troy of gold is retreating 0.22% just shy of $1,300.