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5 Jun 2013
American equity markets grind lower on lackluster US ADP
FXstreet.com (Barcelona) - The US stock market edged lower Wednesday, with investors digesting weak employment data out of the United States – the ADP Employment Change (May) came in at 135K, missing expectations of 165K.
Beginning with the indices and composites, the NASDAQ fell -0.29% as it settles in region of 3435.40, down -10.29 points in these moments. In addition, the S&P 500 is trading in negative territory, operating at 1625.02, descending -6.43 points or -0.39% at the time of writing. Finally, the Dow Jones has moved lower at the opening, trading in the zone of 15136.92, presently -0.27% after a movement of -40.62 points.
Sectors are all red at the opening, however the Basic Materials and Financials sectors have distinguished themselves as the losers thus far, contracting -0.60% and -0.44% respectively. In other news, the price of crude is testing USD $94.16/bbl Wednesday. Moreover, the price of gold has settled at $1400.68 per oz., while silver is now negotiating a spot price of $22.58 per oz.
Beginning with the indices and composites, the NASDAQ fell -0.29% as it settles in region of 3435.40, down -10.29 points in these moments. In addition, the S&P 500 is trading in negative territory, operating at 1625.02, descending -6.43 points or -0.39% at the time of writing. Finally, the Dow Jones has moved lower at the opening, trading in the zone of 15136.92, presently -0.27% after a movement of -40.62 points.
Sectors are all red at the opening, however the Basic Materials and Financials sectors have distinguished themselves as the losers thus far, contracting -0.60% and -0.44% respectively. In other news, the price of crude is testing USD $94.16/bbl Wednesday. Moreover, the price of gold has settled at $1400.68 per oz., while silver is now negotiating a spot price of $22.58 per oz.