us stocks end lower as greece keeps traders cautious
Last Updated : GMT 05:17:37
Emiratesvoice, emirates voice
Emiratesvoice, emirates voice
Last Updated : GMT 05:17:37
Emiratesvoice, emirates voice

US stocks end lower as Greece keeps traders cautious

Emiratesvoice, emirates voice

Emiratesvoice, emirates voice US stocks end lower as Greece keeps traders cautious

A sign for Wall Street
New York - AFP

US stocks eased from the week's highs on Friday as traders became cautious ahead of a fraught-filled weekend for Greece and the eurozone.

Giving up more than half of Thursday's gains, the Dow Jones Industrial Average lost 101.56 points (0.56 percent) at 18,014.28, and the broad-based S&P 500 fell 11.48 (0.54 percent) to 2,109.76.

After sweeping to a new record Thursday, the Nasdaq Composite Index shed 15.95 points (0.31 percent) at 5,117.00.

The mild sell-off came as Greece and its official creditors entered the weekend with no deal on more financial aid to Athens in sight, and the cash-short country facing a June 30 deadline to repay 1.5 billion euros ($1.7 billion) to the International Monetary Fund.

"Greece is obviously on everyone's mind; it could be just positioning ahead of that potential for volatility on Monday," said Charlie Bilello of Pension Partners. "Why take the risk over the weekend if you don't have to?"

ConAgra Foods jumped 10.9 percent as hedge fund Jana Partners reported amassing a 7.2 percent stake and moved for three board seats in an effort to change management direction and boost the company's value, complaining of poor performance in the wake of the 2013 $6.7 billion purchase of RalCorp.  

Also in play was home lifestyle and furnishing group Martha Stewart Living Omnimedia, which added another 8.4 percent on top of Thursday's surge on news that retail fashion brands investor Sequential Brands Group was nearing agreement to buy the iconic firm.

Among other movers, American Airlines rose almost 4.0 percent, while chocolate maker Hersey melted off 3.5 percent on a lowered sales forecast, and oil services power Schlumberger dropped 2.3 percent.

Bond prices rose. The yield on the 10-year US Treasury slid to 2.27 percent from 2.34 percent Thursday, while the 30-year fell to 3.05 percent from 3.13 percent.

Bond prices and yields move inversely.

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

us stocks end lower as greece keeps traders cautious us stocks end lower as greece keeps traders cautious

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

us stocks end lower as greece keeps traders cautious us stocks end lower as greece keeps traders cautious

 



GMT 10:18 2016 Wednesday ,23 March

cartoon seven

GMT 09:58 2016 Wednesday ,23 March

cartoon four

GMT 10:16 2016 Wednesday ,23 March

cartoon five

GMT 05:14 2024 Wednesday ,07 February

Sophisticated Classic Dining Room Design Ideas

GMT 05:17 2024 Wednesday ,07 February

Amazon to open first cashierless shop

GMT 13:32 2016 Monday ,17 October

Turkey to take part in Mosul operation

GMT 08:22 2017 Sunday ,10 September

King of cool vs. king of bling

GMT 07:06 2017 Wednesday ,10 May

UAE artistic scene enhanced due

GMT 07:23 2016 Thursday ,19 May

New museum will 'preserve Palestinian memory'

GMT 12:02 2015 Tuesday ,29 September

Climate goal closer as UN pressure builds

GMT 10:06 2017 Thursday ,26 October

Passengers face new security interviews
 
 Emirates Voice Facebook,emirates voice facebook  Emirates Voice Twitter,emirates voice twitter Emirates Voice Rss,emirates voice rss  Emirates Voice Youtube,emirates voice youtube  Emirates Voice Youtube,emirates voice youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

emiratesvoieen emiratesvoiceen emiratesvoiceen emiratesvoiceen
emiratesvoice emiratesvoice emiratesvoice
emiratesvoice
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
emiratesvoice, Emiratesvoice, Emiratesvoice