Energy, banking shares drag Wall Street lower
2017-01-09 16:16:49 GMT (Economies.com)
Energy, banking shares drag Wall Street lower

U.S. stock indices opened the week lower, as energy and banking shares slid, leading Wall Street lower.
 
Crude prices shed 2% today, heaping pressure on energy and oil shares and dragging U.S. indices lower as well.
 
On the other hand, U.S. stock indices reached record highs recently, which led to widespread profit-taking and correction movements.
 
As for the dollar, it wavered today, which hurt shares of American exporters, specially after the greenback advanced last Friday following the U.S. payrolls report.
 
Standard and Poor's 500 fell 0.27%, or 6.19 points to 2,270.79, while Dow Jones declined 0.27%, or 53.87 points to 19,909.93.
 
Tech-heavy NASDAQ rose 0.07%, or 4.13 points to 5,525.

 
 
 
 SymbolLastChangeChg.%
1.0562
-0.00
-0.17
1.2462
-0.01
-0.73
18.38
0.19
1.04
54.04
-0.34
-0.62
1257.20
7.83
0.63
USD to Arab Currencies
Yemen249.9500
UAE3.6720
Tunisia2.2933
Syria514.9800
Sudan6.3997
Saudi Arabia3.7499
Qatar3.6407
Oman0.3845
Morocco10.1008
Libya1.4263
Lebanon1512.0000
Kuwait0.3050
Jordan0.7075
Iraq1181.0000
Egypt15.7500
Bahrain0.3765
Algeria109.9290