Arab Today, arab today wall street closing lower on monday
Last Updated : GMT 05:12:30
Arab Today, arab today
Arab Today, arab today

Wall Street closing lower on Monday

Arab Today, arab today

Arab Today, arab today Wall Street closing lower on Monday

Washington - SPA

U.S. stocks ended lower on Monday, as investors remained hesitant ahead of quarterly corporate results and another eurozone meeting. In world markets, European stocks finished lower, with the declines led by the British FTSE 100 falling 0.6 percent. Asian markets also finished lower, with the declines led by the Shanghai Composite falling 2.4 percent. In U.S. company news, Share of health care provider Amerigroup surged 38 percent after the company announced it would be acquired by WellPoint for $4.9 billion. The deal comes less than a month after last month’s U.S. Supreme Court health reform decision, which will change the landscape of the country’s health-care system. The U.S. dollar fell against the euro and fell against the yen. Light sweet crude oil for August delivery rose $1.54 to $85.99 a barrel on the New York Mercantile Exchange. Gold futures rose $10.20 to $1,589.10 an ounce. The Dow Jones industrial average fell 36.18, or 0.3 percent, to 12,736.29. The broader Standard & Poor’s 500 index fell 2.22, or 0.2 percent, to 1,352.46. The technology-heavy Nasdaq composite index fell 5.56, or 0.2 percent, to 2,931.77.

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