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Added on the 16/08/2018 13:56:25 - Copyright : Wochit
Stocks continued to fall back from record levels hit earlier in the week. Healthcare stocks were a bright spot. Bobbi Rebell reports.
Madrid, May 31 (EFE) .- The IBEX 35, the main Spanish selective, has opened this Monday flat, with a slight fall of 0.02%, dragged by the negative trend in Asia, in a day in which it will not have the reference of Wall Street and the United Kingdom, closed for public holidays.FOOTAGE OF SPAIN'S STOCK EXCHANGE, IN MADRID
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Trading on Wall Street is halted immediately after the opening bell, as stocks posted steep losses following emergency moves by the Federal Reserve to try to avert a recession due to the coronavirus pandemic. IMAGES
According to Markets Insider, stocks on Wall Street began the new week with mixed results. On June 3rd, two of the top three markets on the New York Stock Exchange opened the day trading lower. The Nasdaq Composite led losses during morning trading, falling over 120-points by the afternoon. On the day, the Nasdaq is down 1.7-percent, while the S&P 500 shed two-tenths of a percent for 5-points of losses. The Dow Jones Industrial Average added about 20-points during the morning, but the market is about flat on the day.
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