US stocks market closed mostly lower on Wednesday as the investor sentiment was hit by a press release issued by the ECB where the central Bank suspended the guarantee to Greek banks to use Greek debt as collateral for loans.
In the same press release, the bank affirmed "it is currently not possible to assume a successful conclusion of the programme review."
Then, US stocks collapsed and lost previous gains before closing mixed. The Dow finished just above break event, however the Nasdaq and the S&P posted losses on the day. Most sectors finished Wednesday down for the day.
Energy shares led losses with a 2.07% decline on Wednesday; followed by Utilities (-1.24%) and Materials (-0.92%). To the upside, Consumer discretionary advanced 0.77% and technology shares rose 0.12%.
The Dow Jones advanced 0.04% on the day to 17,673.02; the S&P 500 declined 0.42% to 2,041.51; while the Nasdaq Composite lost 0.23% to 4,716.70. Small caps in the figure of the Russell 2000 fell 0.46% to 1,191.44.
Big winners of the day were Walt Disney $DIS (+7.63%), Comcast $CMCSA (+2.69%) and Twitter $TWTR (+2.24%). Top losers were: Gilead Sciences $GILD (-8.16%), AbbVie $ABBV (-7.69%), and Merck $MRK (-3.23%).
On related markets, the US dollar recovered ground on Wednesday after its worst day in more than a year and performed better than its major competitors. The USD's advance pressured down oil prices.
In the same press release, the bank affirmed "it is currently not possible to assume a successful conclusion of the programme review."
Then, US stocks collapsed and lost previous gains before closing mixed. The Dow finished just above break event, however the Nasdaq and the S&P posted losses on the day. Most sectors finished Wednesday down for the day.
Energy shares led losses with a 2.07% decline on Wednesday; followed by Utilities (-1.24%) and Materials (-0.92%). To the upside, Consumer discretionary advanced 0.77% and technology shares rose 0.12%.
The Dow Jones advanced 0.04% on the day to 17,673.02; the S&P 500 declined 0.42% to 2,041.51; while the Nasdaq Composite lost 0.23% to 4,716.70. Small caps in the figure of the Russell 2000 fell 0.46% to 1,191.44.
Big winners of the day were Walt Disney $DIS (+7.63%), Comcast $CMCSA (+2.69%) and Twitter $TWTR (+2.24%). Top losers were: Gilead Sciences $GILD (-8.16%), AbbVie $ABBV (-7.69%), and Merck $MRK (-3.23%).
On related markets, the US dollar recovered ground on Wednesday after its worst day in more than a year and performed better than its major competitors. The USD's advance pressured down oil prices.
