Wall Street closes down on Friday on session lows; monthly declines

FXstreet.com (San Francisco) – The US Stocks market performed negative in the last session of August as investors traded on defensive mode after US Secretary of State John Kerry left the door open for a US unilateral military intervention against Syria. In addition, profit taking in a choppy day let stocks to close its worst month since 2012.

The Nasdaq closed its worst week in 2 months, the S&P 500 ended its third negative week og the last four, extending declines from all-time highs at 1,709.06 in the early August to Wednesday and Friday’s lows around 1,640.90.

The Dow Jones declined 30.64 …read more