- Analytics
- News and Tools
- Market News
- Global Stocks: equities declined amid concerns over Greece
Global Stocks: equities declined amid concerns over Greece
U.S. stocks retreated as Greece's debt negotiations seemed to have experienced difficulties one more time. Parties still disagree on reform requirements. At the same time some investors were selling off before the end of the second quarter.
The Dow Jones industrial average fell by 178.00 points, or 0.98%, to 17,966.07. The Standard & Poor's 500 fell by 15.62 points, or 0.74%, to 2,108.58. The Nasdaq Composite dropped 37.68 points, or 0.73%, to close at 5,122.41.
Dow component Boeing dropped 1.0% after naming Dennis Muilenburg as its next CEO, effective July 1. The company is also reportedly slowing production of its 747-8 jet due to weak commercial aircraft demand.
In Asia Hong Kong Hang Seng fell by 0.37%, or 101.95 points, to 27,303.02. China Shanghai Composite Index advanced by 0.23%, or 10.59 points, to 4,700.74. Meanwhile the Nikkei declined by 0.18%, or 36.62 points, to 20,831.41.
Asian stocks were also affected by Greece's situation. However yesterday the Nikkei managed to hit an 18-year high reaching 20,868.03.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
