The stock market Monday since November with the greatest reduction.
Fall, marks the biggest percentage drop for reference standard &poor's 500 index since November7, promote the S&P 1 month and day to its lowest closing. Chicago board options exchange (CBOE) volatility index (^ VIX) or VIX, Wall Street's fear favorite barometer, rose 34% in August 1, 18201 since the biggest gain.
In late trading hours after sales accelerated, multiples on S&P 500 index fell below 1500 levels, served as an important point. Monday marked the S&P February 4, closed since less than 1500.
Italy's centre-left to former prime minister silvio berlusconi center-right coalition in the house of Commons election remain weak lead, three TV projection. However, any government must also command a majority in the senate, race is decided to area.
In parliament have deadlock could lead to new elections, and cast into doubt, Italy repayment of a debt ability.
"Europe do not disappear a problem, it will linger, is raising its ugly head, said:" Stephen horse line card, in San Francisco Wedbush Morgan's managing director.
"If someone who is elected not to follow the rules of the game, what is they do? It let them here real dilemma, because their funds support, their capital support, is the fact that all the rules and regulations, the tightening plan to reach the designated position."
After investigation, pointing to a left-of-center victory in milan to promote stock, such as the European market, but also boost S&P 500 to 1525 period high.84 optimistic that Italy will continue to squeeze on the road.
After a good beginning of the year, the stock market fell in the near future. S&P 500 index fell slightly last week for seven weeks after string of income is the first of its weekly decline.
In Monday's volatile meeting, Banks and other financial worst performance department exposure, Italy huge debt concerns. KBW bank index (^ BKX) dropped 2.7%.
Chicago board options exchange (CBOE) volatility index (^ VIX) closed at 18.99, a 34.02% increase year-on-year.
At closing, the dow Jones industrial average index (^ DJI) down 216.40 points, or 1.55%, to 13784.17 at the point. Standard &poor's 500 index (^ GSPC) down 27.75 points, or 1.83%, to 1487.85 point. The nasdaq composite index (^ IXIC) down 45.57 points, or 1.44%, to 3116.25 point.
Although the overall market lost on Monday, a few bright spot.
Ba's company (BKS) shares rose 11.5% to $15.06 after the chairman of the board of the bookseller, offer to buy the retail business decline.
Amgen (AMGN)'s share price rose by 3.1%, to $89.55, Affymax opponent (AFFY) promulgated and implemented voluntary recall the only drug, diabetes, anemia, competition and amgen best-selling red blood cell of the booster, the Epogen. Affymax share price dropped 85.4%, to $2.42.
Pan-european blue index FTSEurofirst 300 index top European shares "(FSI: ^ E3X) rose 0.04% and Italy's main FTSE MIB (FSI: ^ FTSEMIB) finished up 0.7%, earlier get nearly 4%.
On his doorstep, but political uncertainty, but also of Wall Street's mind.
With the upcoming debate, the so-called solid carbon - the United States government budget cuts will be effective from last Friday, if lawmakers fail to reach an agreement, in spending and taxes, the American stock market will face the test. The White House issued a warning downsizing is like get through, can the economic consequences of the damage.
"Sitting there is ten thousand pound gorilla - dead bone problems - sure nothing had happened have Ghriskey said:" Tim, in Bedford, New York's Solaris group chief investment officer.
Lloyd's company (LOW) fell 4.8%, to $35.86, after an outfit in the fourth quarter earnings by retailers.
83% of the S&P 500 companies report results, so far, 69% of pat earnings forecast, since 1994 the average 62% and 65%, and in the past four quarters, according to the townsend Reuters compared the data.
S&P 500 companies in the fourth quarter earnings estimates have risen 6%, according to the data, at the start of the earnings season is higher than 1. 9% of the prediction.
The New York stock exchange, the New York stock exchange and nasdaq listing MKT, above the average 646 million per day, about 727 million shares, clinch a deal the active.
Be outnumbered propulsion of the New York stock exchange and nasdaq XiaDieGu proportion about 4-1.
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