News - Investment
Categories: Investment
Topics: Dow jones
The Dow Jones has ended a three day winning streak, with investor sentiment taking a hit from losses in ‘safe haven’ commodities.
The Dow Jones fell 180 points or 1.61% to 11,010, while the S&P 500 lost 24 points (2.07%) to 1,151.
The losses came amid continued falls in commodity markets. US copper prices plunged 5.6%, while WTI oil tumbled 3.8% to $81.21 a barrel, driven lower as the dollar continued to strengthen.
It gained 0.72% against the Euro to €1.3623, as investors continued to fret amid concerns European policymakers will be unable to contain Europe's debt crisis.
Overnight in Asia the Nikkei 225 ended trading flat, slipping 0.1% to 8,610.84, after falling 1% on the opening bell.
Meanwhile this morning, the UK opened flat, shedding just 7.78 points, to trade at 5,209.85.
Categories: Investment
Topics: Dow jones
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