Thursday, March 6, 2014

Wall Street Market Report


US shares saw a mixed day of trading as fears over Ukraine receded but reports of modest increases in new hires failed to excite markets.
On Wall Street, the Dow Jones Industrial Average ended the day down 35 points, or 0.2%, at 16,360.
The broader S&P 500 index finished virtually unchanged at 1,873, while the tech-heavy Nasdaq closed six points higher at 4,357.
A survey from payroll processor ADP found US firms added 139,000 jobs in February, more than the 127,000 jobs in January but below expectations.
There was little company news about to drive the market. Walt Disney was among the risers on the Dow, up 1.2%, while Exxon Mobil was the biggest faller, down 2.8%.
The oil and gas company cut its petroleum output forecast from 4.8 million barrels per day to 4.3 million barrels per day in 2017 after snags in major projects.

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