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Tuesday, February 17, 2015

U.S. Stocks Fluctuate Amid Greek Impasse After S&P 500 Record

Posted by PT KONTAK PERKASA FUTURES BALIKPAPAN On 6:41 PM No comments


U.S. stocks fluctuated, after the Standard & Poor™s 500 Index reached a record last week, as investors weighed the risks of a Greece debt impasse while a drop in oil was offset by a rise in health-care shares.

The S&P 500 declined 0.1 percent to 2,094.82 at 12:14 p.m. in New York. The Dow Jones Industrial Average lost 20.39 points, or 0.1 percent, to 17,998.96.52. The Russell 2000 Index was little changed after reaching a record Friday. U.S. markets were closed for a holiday on Monday.

Discussions aimed at finding common ground between Greece and its creditors ended on Monday without breaking an impasse. With no deal, the government could run out of money by March and be forced to choose between breaking election promises or abandoning the euro.

The S&P 500 rose to an all-time high last week as technology shares rallied and oil rebounded to end stocks™ longest dip since 2013. Signs of easing tension between Greece and European leaders also helped push U.S. equities higher.

Source : Bloomberg

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