28 Apr 2014
Wall Street closes mixed to mostly upside on swing day
FXStreet (San Francisco) - US Stocks market closed mixed on Monday as the Dow and S&P extended gains while the Nasdaq recovered from lows to close with small losses.
Investors' confidence was fueled by good US housing data and Ukraine news that Russian troops had returned to their bases. Wall Street started the day with gains; however the major indexes were sliding by the mid-day to bounce hard in the latest' session hour.
The big actors of the day were Pfizer leading the rally in the Dow while the Bank of America's shares trading under pressure as the bank informed the Fed claimed a new financial plan after finding an error in the previously presented paper. BoA faced a sell-off on reputation damage.
The Dow Jones advanced 87.28 points or 0.53% to finish the day at 16,448.74; the S&P 500 added 6.03 pts or 0.32% to close the day at 1,869.43; while the Nasdaq Composite recovered from big losses to decline 1.16 pts or 0.03% on the day to 4,074.40.
Investors' confidence was fueled by good US housing data and Ukraine news that Russian troops had returned to their bases. Wall Street started the day with gains; however the major indexes were sliding by the mid-day to bounce hard in the latest' session hour.
The big actors of the day were Pfizer leading the rally in the Dow while the Bank of America's shares trading under pressure as the bank informed the Fed claimed a new financial plan after finding an error in the previously presented paper. BoA faced a sell-off on reputation damage.
The Dow Jones advanced 87.28 points or 0.53% to finish the day at 16,448.74; the S&P 500 added 6.03 pts or 0.32% to close the day at 1,869.43; while the Nasdaq Composite recovered from big losses to decline 1.16 pts or 0.03% on the day to 4,074.40.