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A choppy Wall Street closed in the red

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Oct 21, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    FXStreet (Guatemala) - With interest rates and timings of a Fed hike still the main driver at the moment in equities, despite it being earnings season, it was a choppy session and mixed on Wall Street in the afternoon.

    The S&P 500 and Nasdaq both fell while insurers and large healthcare names slipped, with Yahoo sliding after disappointing results. The other big movers on the flip side were General Motors up 6.5 percent to $35.64 and Boeing rising 1.7 percent to $141.31 reporting better-than-expected results.

    The Dow Jones industrial average dropped 47.64 points, or 0.28 percent, to 17,169.47, the S&P 500 fell 11.79 points, or 0.58 percent, to 2,018.98 and the Nasdaq Composite slipped 40.86 points, or 0.84 percent, to 4,840.12.

    EUR/USD was little changed (-0.05%) while we await the ECB tomorrow.
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