Stocks fell Monday renewed jitters in Cyprus and the development of the euro zone, wipe it away from early gains, driving the S&P 500 index distance record closing in less than a point.
Shares fell after JiRong Dijsselbloem, who is in charge of the eurogroup of euro-zone finance ministers, told Reuters news agency and the British "financial times", when on the verge of bankruptcy bank need to save, euro zone officials will open the bank's shareholders, bondholders and uninsured deposits contribute to their capital structure adjustment.
He also said that Cyprus is a template to handle other indebted countries in the region.
But after stock markets drop down low Dijsselbloem clarified his comments that "Cyprus is an unusual challenge, particular case need rescue measures, we have agreed yesterday, situation of macroeconomic adjustment scheme and tailored to the country and any model or template to use."
Before his speech, the dow Jones industrial average hit another record high intraday and the S&P 500 index edged up highest close on Monday once reached an agreement after negotiations, to stay in Cyprus floating a financial bailout and avoid the possible exit from the euro zone.
"There is definitely a sigh of relief, reached an agreement, but there are more and more attention, more work needs to be done, and said," BMO private bank in Chicago, chief investment officer jack Lin.
Banks are on the same day. Morgan Stanley, Morgan Stanley (MS. N: quote) shares fell 1%, while bank of America (BAC, N: quote), down 1.3% to $12.40 at $21.97.
As of the closing, the dow Jones industrial average (DJI) fell 64.28 points, or 0.44%, to 14447.75. The standard & poor's 500 index (SPX fell 5.20 points, or 0.33%, to 1551.69 points. The Nasdaq composite index. Ixic. IXIC fell 9.70 points, or 0.30%, to 3235.30.
Earlier, the dow Jones index climbed to a dish in a record 14563.75. The S&P 500 index rose to an intraday high of 1564.91 - the next record closing high of 1565.15 set is only a small part of October 9, 2007.
The Chicago board options exchange (CBOE) volatility index (VIX), known as the VIX, Wall Street's favorite barometer of investor anxiety, closed up 1.3% at 13.74, shut an intraday high of 14.61.
In company, DELL (DELL. O) said it received a $24.4 billion offer founder Michael DELL, Michael DELL and silver lake partners, a private equity investment fund may be superior to other's advice, by the blackstone group (bx.n N) and billionaire investor Carl Icahn (Carl Icahn) last month. Dell shares rose 2.6%, to $14.51.
So far this year, merger and acquisition activity has become the outstanding in the stock.
At the university of phoenix owner Apollo group (apol.o O) shares rose 7.1%, after the company reported better than expected earnings, even student login fell for the fourth consecutive quarter of $18.25. The proportion of the shares for the S&P 500 index's biggest winner.
Best Buy (Best Buy) company co., LTD. (BBY. N) shares rose 1.8% after the company's founder Richard ShuErCe will back honorary President of the consumer electronics retailer, and add to the board of directors of his former colleagues at $23.20. The news, the biggest investors in the world's largest consumer electronics chain is considering selling his stake in the company to eliminate rumors.
Trading volume was about 5.8 billion shares on the New York stock exchange, nasdaq and nyse MKT deal, from 2012, the average daily volume of $4.5 billion when he was about 6.
In the New York stock exchange fell on the day of the ratio of about 3 to 2, while on the nasdaq, about 13 cents more per 12 stocks fall.
 
 



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