8 Jul 2014
Wall Street declines for second day; weak USD
FXStreet (San Francisco) - The US stocks market closed down on Tuesday despite major indexes contained big losses. The Nasdaq performed its worst day since May 6th.
Investors are focused on the upcoming corporate earnings report as well as Fed's minutes and BoE interest rate decision later this week.
The Dow Jones declined 117.59 points or 0.69% to finish at 16,906.62; the S&P 500 lost 13.94 pts or 0.70% to end at 1,963.71; while the Nasdaq Composite eased 60.07 pts or 1.35% to 4,391.46.
The USD remains trading under pressure this time amid on risk aversion and selling pressure on yields slip.
Investors are focused on the upcoming corporate earnings report as well as Fed's minutes and BoE interest rate decision later this week.
The Dow Jones declined 117.59 points or 0.69% to finish at 16,906.62; the S&P 500 lost 13.94 pts or 0.70% to end at 1,963.71; while the Nasdaq Composite eased 60.07 pts or 1.35% to 4,391.46.
The USD remains trading under pressure this time amid on risk aversion and selling pressure on yields slip.