us stocks fall as market eyes greece talks
Last Updated : GMT 05:17:37
Emiratesvoice, emirates voice
Emiratesvoice, emirates voice
Last Updated : GMT 05:17:37
Emiratesvoice, emirates voice

US stocks fall as market eyes Greece talks

Emiratesvoice, emirates voice

Emiratesvoice, emirates voice US stocks fall as market eyes Greece talks

US stocks finished lower Monday
New York - AFP

US stocks finished lower Monday, snapping a two-day surge in equities as investors eyed tough negotiations between Greece and international creditors.

The Dow Jones Industrial Average fell 85.94 points (0.47 percent) to 18,105.17.

The broad-based S&P 500 dropped 10.77 (0.51 percent) to 2,105.33, while the tech-rich Nasdaq Composite Index shed 9.98 (0.20 percent) at 4,993.57.

"The market seems to be tired," said Peter Cardillo, chief market economist at Rockwell Global Capital. "Every time we get up to these levels, we pull back."

Athens's radical new government scraped together enough cash to order Monday the debt repayment of 750 million euros ($840 million) to the International Monetary Fund in time for Tuesday's deadline.

However, at a eurozone finance ministers meeting in Brussels, Greece and other eurozone officials remained far apart on whether the Greek government's reform plans are enough for the debt-wracked country to receive further bailout funds.

Petroleum company Rosetta Resources surged 27.2 percent after announcing an agreement to be acquired by Noble Energy for $2.1 billion plus the assumption of $1.8 billion of Rosetta debt. Noble fell 6.2 percent.

US online retailer Zulily jumped 5.2 percent on news that Alibaba, China's e-commerce giant, has raised its stake in the boutique that markets to mothers and features daily deals. Alibaba shed 0.4 percent.

Pharmaceutical company Actavis rose 3.1 percent as first-quarter earnings excluding the Allergan acquisition and other one-time costs translated into $4.30 per share, better than the $3.94 per share projected by analysts.

Hilton Worldwide dropped 1.4 percent after announcing that its biggest shareholder, the Blackstone Group, will sell 90 million shares. Blackstone fell 0.3 percent.

Online real estate company Zillow rose 6.9 percent following an upgrade by Sun Trust Robinson Humphrey.

Bond prices fell sharply. The yield on the 10-year US Treasury advanced to 2.28 percent from 2.14 percent Friday, while the 30-year jumped to 3.05 percent from 2.90 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 fall as market eyes greece talks us stocks fall as market eyes greece talks

 



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 fall as market eyes greece talks us stocks fall as market eyes greece talks

 



GMT 05:06 2024 Tuesday ,06 February

New hunt for flight MH370 gets under way

GMT 03:16 2018 Saturday ,20 January

Mortar fire wounds 14 in Syria mental hospital

GMT 14:58 2015 Friday ,06 November

Unique school brings children together

GMT 01:21 2017 Wednesday ,21 June

I want to kill all Muslims: London attacker

GMT 00:36 2017 Friday ,16 June

Combat obesity and add more years

GMT 15:07 2014 Thursday ,20 November

UAE Government launches official Instagram account

GMT 01:35 2017 Monday ,24 July

Ronaldo will remain Real player

GMT 12:20 2012 Tuesday ,24 January

Ibra Serie A\'s best

GMT 22:39 2018 Tuesday ,23 January

Montgomerie turns back the clock

GMT 11:39 2017 Saturday ,16 September

Kazem reveals his granddaughter’s gift

GMT 11:24 2016 Sunday ,14 February

Afghan civilian casualties top 11,000

GMT 13:47 2017 Wednesday ,22 November

AQUARIUS (January21st-February19th)
 
 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