Monday, June 29, 2015

S & P 500 registers biggest drop since April 2014 and exhausts gains … – Jornal de Negócios – Portugal

The main US stock markets ended in negative territory, to monitor the sentiment in stock markets around the world, at a time intensify fears about the financial crisis in Greece.

The Standard & amp; Poor’s 500 ended the session losing 2.1% to 2057.71 points, thus registering the steepest drop since April 2014. He stepped back to the average value of the last 200 sessions and has exhausted valuations since the beginning of the year following now add only 0.07% in the accumulated 20015.

Meanwhile, the Dow Jones industrial depreciated 1.95% to 17596.35 points, accumulating a loss of 1.21% since January.

But the technological index Nasdaq Composite, which last week reached a record high score, yielded 2.40% today to 4958.46 points. Also since April last year that the Nasdaq had not lost so much ground in one session.

Wall Street closed well in the red, with concerns about the future of Greece to focus new attention. As in the rest of the world, the financial sector was the one that most influenced the trend on Monday session, with the sector index falling 2.5%.

Citigroup and JPMorgan Chase retreated more than 2.5%, whereas DuPont, Visa and Boeing lost more than 2.6%, leading the declines in the Dow Jones.

The ADR of the National Bank of Greece sank 23%.

ADRs [American Depositary Receipts] are representative certificates of deposit of shares of foreign companies traded on the stock exchange in the country of origin, which are traded on US stock exchanges like shares if they were.

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