2010/12/27

Close: U.S. stocks traded mixed light

U.S. stocks were mixed Monday, trading volume was light. American International Group, the financial sector led the gains, the Dow record high after 26 months to the callback.
At 16:00 on December 27 EST, the Dow Jones Industrial Average fell 18.46 points to close at 11,555.03 points, down 0.16%; the Nasdaq composite index rose 1.67 points to close at 2,667.27 points, or 0.06%; the S & P 500 index rose 0.77 points to close at 1,257.54 points, or 0.06%.
By American International Group (AIG) to promote the good news, the financial sector led the broader market. The general decline in consumer discretionary sector.
Monday blizzard in most parts of the northeastern United States, New York City snowfall of up to 20 inches (51 cm). Adverse weather conditions for the northeastern United States traffic disruption, so that after Christmas the already low stock turnover shrink further.
China rate hike fears caused by the global stock markets came under pressure Monday. China on Saturday raised the benchmark lending rate, leading to general decline in global stock markets on Monday. Analysts pointed out that the rate hikes that China is trying to make an economic slowdown.
U.S. economic data, the Dallas Federal Reserve Bank reported that the Texas area in December factory activity index rose slightly, but the increase slowed. Index of factory activity in the region from 16.2 in November slowed to 12.8
European stock markets ended lower Monday. New York gold futures rose 0.2%, to close at $ 1,382.20 an ounce. Crude oil futures prices fell 0.6%, to close at 91 dollars a barrel.

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