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- Wall Street. Major U.S. stock-indexes pares losses
Wall Street. Major U.S. stock-indexes pares losses
U.S. stock-indexes staged a dramatic recovery off their lows on Monday, helped by a turnaround in Apple's shares, but the three main indexes remained in or within spitting distance of correction territory amid fears China's growth is slowing. The Dow Jones industrial average - which fell into the correction zone on Friday - briefly slumped more than 1,000 points, its biggest point-drop ever. At midday, the Dow was down about 243 points or 1.48 percent as bargain hunters stepped in. The Dow has never lost more than 800 points in a day.
Almost all of Dow stocks in negative area (27 of 30). Top looser - The Coca-Cola Company (KO, -2.45%). Top gainer - Intel Corporation (INTC, +2.90).
All S&P index sectors in negative area. Top looser - Financial (-1.7%).
At the moment:
Dow 16302.00 -165.00 -1.00%
S&P 500 1947.25 -24.25 -1.23%
Nasdaq 100 4186.00 -14.75 -0.35%
10 Year yield 2,04% -0,02
Oil 39.29 -1.16 -2.87%
Gold 1154.80 -4.80 -0.41%
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