Toward the end of trading Monday, the Dow traded down 0.35
percent to 16,394.25 while the NASDAQ tumbled 0.22 percent to
4,326.42. The S&P also fell, dropping 0.20 percent to
Leading and Lagging Sectors In trading on Monday, healthcare
shares declined by about 0.09 percent. Top gainers in the sector
were Idera Pharmaceuticals (NASDAQ:
), Galena Biopharma (NASDAQ:
),Alexion Pharmaceuticals (NASDAQ:
) and Peregrine Pharmaceuticals (NASDAQ:
Basic materials sector was the leading decliner in the US
market today. Among the sector stocks,Cliffs Natural Resources
) was down more than 4.6 percent, while Companhia Siderurgica
) tumbled around 4.4 percent.
Top Headline McDonald's (NYSE:
) reported a
in its global same-store sales in February. Analysts were
expecting a 0.1% decline in global comparable sales. McDonald's
US same-store sales fell 1.4% in February, versus analysts'
expectations for a 0.6% drop. Comparable sales rose 0.6% in
Europe, while sales tumbled 2.6% in Asia/Pacific, Middle East and
Equities Trading UP Capstone Turbine (NASDAQ:
) was on the rise on Monday's session, gaining 7.10 percent to
$1.96 despite there being little tangible news on the
Shares of FuelCell Energy (NASDAQ:
) got a boost, shooting up 11.19 percent to $3.92 ahead of
quarterly earnings after the closing bell. FuelCell Energy is
estimated to post a Q1 loss at $0.04 per share on revenue of
Chiquita Brands International (NYSE:
) was also up, gaining 11.72 percent to $12.07 on
with Irish rival Fyffes. Chiquita agreed to acquire Fyffes in an
Equities Trading DOWN Shares of Walter Energy (NYSE:
) were down 9.19 percent to $9.49 after the company commenced
process to amend credit facility.
3D Systems (NYSE:
) was also down, falling 5.20 percent to $63.84 after Barron's
put out a bearish piece on the 3D printing sector over the
Perfect World Co (NASDAQ:
) was down, falling 6.47 percent to $23.41 after the company
developments. Perfect World is expected to post its Q4 earnings
at $0.43 per share on revenue of $142.11 million.
Commodities In commodity news,
oil traded down 1.46 percent
to $101.08, while gold traded up 0.17 percent to $1,341.70.
Silver traded down 0.64 percent Monday to $20.81, while copper
fell 1.33 percent to $3.04.
Eurozone European shares
were mostly lower
The Spanish Ibex Index fell 0.02 percent, while Italy's FTSE
MIB Index climbed 0.21 percent.
Meanwhile, the German DAX dropped 1.05 percent and the French
CAC 40 declined 0.11 percent while U.K. shares fell 0.40
Economics Chicago Fed President Charles Evans is expected to
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