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10 Mar 2014
Stocks closed down after trimming earlier losses
FXStreet (San Francisco) - Wall Street closed down on Monday despite it trimmed earlier losses as investors' confidence was hurt by the unexpectedly desaceleration in China's exports.
The Dow Jones declined 34.04 points or 0.21% to finish the day at 16,418.68; The S&P 500 eased 0.87 points or 0.05% to end the session at 1,877.17; while the Nasdaq Composite lost 1.77 points or 0.04% to close negative for third day at 4,334.45.
The China-factor also hit the main bourses in the Old Continent, where the IBEX35 rose 0.30% seconded by the CAC40, 0.10%. On the losers’ side, the German DAX retreated 0.91% and then FTSE100, 0.35%.
The Dow Jones declined 34.04 points or 0.21% to finish the day at 16,418.68; The S&P 500 eased 0.87 points or 0.05% to end the session at 1,877.17; while the Nasdaq Composite lost 1.77 points or 0.04% to close negative for third day at 4,334.45.
The China-factor also hit the main bourses in the Old Continent, where the IBEX35 rose 0.30% seconded by the CAC40, 0.10%. On the losers’ side, the German DAX retreated 0.91% and then FTSE100, 0.35%.