US stocks retreated on Thursday after three
days of gains as oil prices fell and global growth worries drove investors to
safer assets like bonds. Energy shares declined 0.5 percent as crude oil prices
also snapped a three-day streak of gains, while the more defensive S&P
utilities index rose 0.9 percent, leading sector gains.
"It was a
cautious tone investors took, investing in utilities and other high- dividend
stocks and selling some more volatile sectors and securities, like small
caps," said Tim Ghriskey, chief investment officer of Solaris Group in
Bedford Hills, New York. The Russell 2000 index was down 0.7 percent.For Free Trial & Join Services For All Segment Click Here
Commodity news now available in- http://capvisioncommodity.blogspot.in/
Very useful post on Indian share market.Stating that Brexit will leave a "muted" impact on India, Chief Economic Advisor (CEA) Arvind Subramanian said the economy can't achieve 8-10 per cent growth rate without "outward-oriented growth strategy". Get timely and accurate updates by subscribing to the services of epic research.
ReplyDeleteOpen Demat account and get benefits worth Rs 10,000. Join Indira Securities Now!
ReplyDeletebest Stock Broker
Brokerage Calculator