Teen charged in 5-year-old cousin's murder

Teen charged in 5-year-old cousin's murder


March 5, 2014 -- 4:15 p.m. ET - 03/05/14

Stocks took a breather following yesterdays rally. The Dowlost 35 points to 16360. The S&P 500 barely snapped a two-day streak ofsetting record highs as it gave up less than a point to close at 1873. TheNASDAQ eked out a minor gain of 6 points to 4357.

Equities spent the day searching for direction as investorsmonitored the situation in Ukraine and assessed some disappointing economicdata. ADP reported the weakest two-month employment growth since 2012 and aseparate report showed service industries expanded at the slowest pace in fouryears. The Feds Beige Book also garnered some attention as the majority ofdistricts reported modest to moderate improvement in economic activity butbad weather hurt retail sales and manufacturing.

Overall, sectors were mixed. Financials and consumerdiscretionary were the best performing groups. Bank of America increased 2.9%to $17.21. Shares of Amazon.com rose 2.2% to $371.83. Meanwhile, energy stockssuffered a setback as WTI crude fell for a second day. Exxon Mobil lost 2.8% to$93.83 and Chevron declined 0.9% to $114.32. The utilities sector also laggedbehind, led by NextEra Energys 1.2% retreat to $90.57.

NYSE Composite volume totaled more than 3.3 billion shares.The NYSE and NASDAQ were even on issues but 6-5 positive on volume.

Treasury prices inched higher. The 10-year note gained 2/32to yield 2.69%. The 30-year bond rose 9/32 to yield 3.63%.

 

This information is obtained from sources and dataconsidered to be reliable, but its accuracy and completeness is not guaranteedby Wells Fargo Advisors.Wells Fargo Advisors is the trade name used by twoseparate registered broker-dealers: Wells Fargo Advisors, LLC and Wells FargoAdvisors Financial Network, LLC, Members SIPC, non-bank affiliates of WellsFargo & Company.

 

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