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30 Sep 2013
Wall Street closes lower but advances on monthly and quarterly basis
FXstreet.com (San Francisco) - The US stocks market closed Monday with solid concerns about the US government working properly tomorrow as no deal has been reached yet about spending bill. It seems the 11th hour will be the time again. Currently the shutdown possibilities are about 90% according to polls.
Wall Street closed Monday with sharply losses after giving up midday gains as investors are afraid from the first US government shutdown in nearly 17 years. Budget impasse plus month and quarterly wrap up pressured funds managers to close positions on uncertainty.
The Dow declined for seventh day in the last 8 after losing 128.57 points or 0.84% to end the session at 15,129.67. The DJIA posted 2.16% gains in the month and 1.48% in the Q3. The Dow has jumped 15.46% YTD.
The S&P 500 eased 10.220 points or 0.60% to close the day at 1,681.55. The .INX jumped 2.97% in September and 4.69% in the Q3. YTD the S&P rallied 17.91%.
The Nasdaq Composite lost 10.11 points or 0.27% on the day to finish the month at 3,771.48, 5.06% positive in September. The Composite jumped 10.82% in the Q3, and performed an impressive 24.9% YTD.
Wall Street closed Monday with sharply losses after giving up midday gains as investors are afraid from the first US government shutdown in nearly 17 years. Budget impasse plus month and quarterly wrap up pressured funds managers to close positions on uncertainty.
The Dow declined for seventh day in the last 8 after losing 128.57 points or 0.84% to end the session at 15,129.67. The DJIA posted 2.16% gains in the month and 1.48% in the Q3. The Dow has jumped 15.46% YTD.
The S&P 500 eased 10.220 points or 0.60% to close the day at 1,681.55. The .INX jumped 2.97% in September and 4.69% in the Q3. YTD the S&P rallied 17.91%.
The Nasdaq Composite lost 10.11 points or 0.27% on the day to finish the month at 3,771.48, 5.06% positive in September. The Composite jumped 10.82% in the Q3, and performed an impressive 24.9% YTD.