Final-day sell-off sends S&P 500 to first yearly drop since 2011
The Standard & Poor's 500 Index lost its grip on a fourth consecutive annual gain in the year's final trading session, as technology shares led a decline in US stocks paced byApple Inc.
Apple fell for the fourth time in five days to extend its 2015 retreat to 4.6 per cent, its worst since 2008. The year's last day featured seesaw moves as energy producers in the benchmark index advanced with oil after erasing an early drop, though the group capped its biggest annual retreat in seven years. Indian stock market astrology prediction
The S&P 500 slumped one per cent to 2,043.76 at 4 pm in New York, with gauge falling 0.7 per cent for the year as selling accelerated in the final minutes of trading.
"This is the most poetic way you could end the year," said Jeff Clark, an analyst at Stansberry & Associates in San Francisco. "The market has basically done nothing. We've had some attempts to rally and some attempts to drop, but it's been a pretty frustrating year for trading. The momentum is in the bearish camp right now." Jackpot Stocks Trading Tips
Markets are closed tomorrow for the New Year holiday. Trading volume has been thin all week, and the number of shares changing hands on US exchanges yesterday was the lowest for a full session this year. Financial Astrology
Equities bucked the historical trend of gains in December. Amid a series of sharp sell-offs and rallies focused around the Federal Reserve's interest-rate boost, the S&P 500 fell 1.8 per cent this month, its worst December drop since 2002. Energy companies lost 10 per cent this month to cap their worst year since 2008. Himanshu Tiwari Astrologer Blog
The market's torpor is likely to be broken next week as investors will return from the holiday to a swath of data, including gauges on the manufacturing and services industries, the monthly jobs report and minutes from the Fed meeting that ended with the first rate increase since 2006. While policy makers have forecast a gradual pace for future rate increases, they also stressed a dependence on the progress in economic data. Nifty Trading Tips
A report on Friday showed the number of Americans filing applications for unemployment benefits rose more than projected during the Christmas week, reaching the highest level in almost six months, perhaps reflecting typical swings during holidays. Share Market Astrology
Apple fell for the fourth time in five days to extend its 2015 retreat to 4.6 per cent, its worst since 2008. The year's last day featured seesaw moves as energy producers in the benchmark index advanced with oil after erasing an early drop, though the group capped its biggest annual retreat in seven years. Indian stock market astrology prediction
The S&P 500 slumped one per cent to 2,043.76 at 4 pm in New York, with gauge falling 0.7 per cent for the year as selling accelerated in the final minutes of trading.
"This is the most poetic way you could end the year," said Jeff Clark, an analyst at Stansberry & Associates in San Francisco. "The market has basically done nothing. We've had some attempts to rally and some attempts to drop, but it's been a pretty frustrating year for trading. The momentum is in the bearish camp right now." Jackpot Stocks Trading Tips
Markets are closed tomorrow for the New Year holiday. Trading volume has been thin all week, and the number of shares changing hands on US exchanges yesterday was the lowest for a full session this year. Financial Astrology
Equities bucked the historical trend of gains in December. Amid a series of sharp sell-offs and rallies focused around the Federal Reserve's interest-rate boost, the S&P 500 fell 1.8 per cent this month, its worst December drop since 2002. Energy companies lost 10 per cent this month to cap their worst year since 2008. Himanshu Tiwari Astrologer Blog
The market's torpor is likely to be broken next week as investors will return from the holiday to a swath of data, including gauges on the manufacturing and services industries, the monthly jobs report and minutes from the Fed meeting that ended with the first rate increase since 2006. While policy makers have forecast a gradual pace for future rate increases, they also stressed a dependence on the progress in economic data. Nifty Trading Tips
A report on Friday showed the number of Americans filing applications for unemployment benefits rose more than projected during the Christmas week, reaching the highest level in almost six months, perhaps reflecting typical swings during holidays. Share Market Astrology
posted by Naresh Jain @ 22:58
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