U.S. stocks mixed on late Monday. European sovereign debt crisis once again become the subject of market worries. Investors are waiting for the aluminum giant Alcoa announced today financial results after the bell.
EDT at 15:06 on January 10, the Dow Jones Industrial Average fell 37.05 points to 11,637.71 points, down 0.32%; the Nasdaq composite index rose 3.20 points to 2,706.37 points, or 0.12%; the S & P 500 Index fell 1.83 points to 1,269.67 points, down 0.14%.
Institutional investors, chief investment officer of Fred Davidson Cos - Dixon (Fred Dickson) said, "Europe's debt refinancing problems re-surfaced, the global bond and stock markets were affected. Portugal later this week will usher in a major debt refinancing problems, the country seems to have become the core of the European crisis. "
Among the Dow 30 industrial stocks, 19 stocks fell, including DuPont (DD) dropped 1.7%. DuPont announced that it has agreed to 5.8 billion acquisition of the Danish manufacturer of food additives, Danisco A / S, which does not include the assumption of debt costs.
Duke Energy (DUK) announced it would worth 13.7 billion U.S. dollars in the stock swap acquisition of Progress Energy (PGN), the combined company will be known as Duke Energy, will become the largest U.S. utility companies, market capitalization reached 37 billion U.S. dollars. Duke Energy fell 1.7%, Progress Energy fell 2.3%.