Wednesday, July 1, 2015

S&P Market News Update : Epic Research Singapore

The S&P 500 ended Tuesday’s volatile session slightly higher, as investors were whipsawed by the vagaries of Greece’s episodic debt negotiations.

However, Tuesday’s positive finish for stocks wasn’t enough to overcome Monday’s Greek-inspired rout, which has left most of the main stock indexes with quarterly and monthly losses.

The S&P 500 ended the quarter lower, snapping a nine-quarter winning streak. Monthly losses for both the S&P 500 and Dow industrials—2.1% and 2.2% respectively— were the worst since January. At the half-year mark, the S&P is 0.2% higher, while the Dow is 1.1% lower.

The S&P 500 SPX, +0.27%  ended 5.45 points, or 0.3%, higher at 2,063.0. Over the month, nine of 10 main sectors recorded losses, with utilities suffering the most. The sector declined more than 6% over the month.

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