Randy'sTradingDesk: July 29, 2014- Stocks Close Lower on Imposed Russia Sanctions

An expert-driven approach to trading

Tuesday, July 29, 2014

July 29, 2014- Stocks Close Lower on Imposed Russia Sanctions

After moving mostly higher in early trading on Tuesday, stocks have given back ground over the course of the trading session. A negative reaction to news of new European sanctions against Russia contributed to the pullback by the markets. Currently, the major averages are lingering near the unchanged line. While the S&P 500 is down 1.94 points or 0.1 percent at 1,976.97, the Dow is up 0.50 points or less than a tenth of a percent at 16,983.09 and the Nasdaq is up 8.00 points or 0.2 percent at 4,452.91. The pullback by stocks came on the heels of news that the European Union governments have agreed to impose economic sanctions against Russia due to its role in the ongoing crisis in Ukraine.

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randystradingdesk@gmail.com

Successful Trading requires:
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Why Does He Provide the Service

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