Dow Jones slid after Spain's GDP data

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Source: Dukascopy Bank SA

Dow Jones Industry Average inched down 0.02% on Monday ahead of two-day FOMC meeting due to start on Tuesday. Negative headlines from Eurozone weighted down on the stock index. On Monday, Spain reported that its GDP continued to contract in Q2. Shares of Chevron edged up 0.51% a day after the company reported that it plans to invest USD2 billion to develop Lianzi oilfield. On the downside, Boeing slid 0.86% after the National Transportation Safety Board started an investigation regarding the incident in Charleston International Airport. Financials also retreated, with JP Morgan and Bank of America tumbling 2.03% and 0.41%.

 

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