Investors keep an eye out on the US tax overhaul and the Fed chairman
First US declines in more than a week as investors prepare for a big week of earnings reports and progress on the tax legislation. Technology and industrial stocks led the falls.
Here’s what caught our eye among equity:
S&P 500 Index dropped 0.4% Monday, the biggest slump in almost seven weeks
Dow retreated 0.23%.
The Nasdaq Composite Index dropped 0.67%.
Stoxx Europe 600 gained about 0.2%.
A rather uneventful session in the FX market:
The dollar added 0.1% to its highest in more than 14 weeks.
The euro dropped 0.3% to $1.1748, the weakest in two weeks.
The pound gained 0.1% to $1.3198.
Pretty much the same with commodities:
Gold increased 0.1% to $1,281.94 an ounce.
WTI crude climbd 0.1% to $51.91 a barrel.