The Market Story

Stocks Mired in Red

Stock quotes in this article: WFC , PCG , NWS , WMT , AMZN , GS , BUD  

Elsewhere among retailers, Amazon.com (AMZN Quote) looked to be in for a rough day following a Citigroup downgrade to hold from buy.

In other analyst actions, Goldman reduced its price target for News Corp. to $9 from $13 after the media company's earnings results missed estimates.

In the commodities space, crude oil was down $4.62 to $60.68 a barrel. Gold was losing $9.10 to $733.30 an ounce.

Longer-dated U.S. Treasury securities were falling in price. The 10-year note was down 4/32, yielding 3.72%, and the 30-year was declining 27/32 to yield 4.22%. The dollar was gaining on the euro and pound but falling vs. the yen.

Globally speaking, European exchanges, including the FTSE in London and the DAX in Frankfurt, were trading lower. Asian markets likewise closed to the downside.

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Dow Jones S&P 500 NASDAQ 10-Year Note
10,337.05 1,095.94 2,183.73 34.23
Oil *
72.45
UP
51.08
UP
4.01
UP
10.74
UP
0.31
10 Yr
3.42%
SPDR Gold
110.84
+0.50%
+0.37%
+0.49%
+0.91%
Data delayed 20 minutes

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