Broad Wall Street Decline Led by Commodities and Apple

December 1st, 2014
in Gary's blogging, market close, syndication

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Closing Market Commentary For 01 December 2014

Gary is off , and the market close comes from our syndication partner

U.S. stocks fell at the open on Monday and continued in a broad decline, with the S&P 500 suffering its biggest one-day drop in more than a month.  Economic data indicated weakness across the globe and the holiday shopping season got off to a tepid start.

Follow up:

The day's losses were broad, with eight of the ten primary S&P 500 sectors lower on the day. Industrials were the day's biggest decliners, pressured by manufacturing data that still pointed to sluggish demand.

Apple Inc (O:AAPL) was one of the biggest weights on the session, falling 3.2 percent to $115.07 in its biggest one-day decline since September. It tumbled shortly after the open in its largest one-minute volume in more than a month in what some traders deemed a "mini-flash crash."

Continue with the market report by Reuters at

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