American equity markets fall on European concerns

FXstreet.com (Barcelona) - The US Stock market edged lower Wednesday on European concerns, which have run rampant out of Italy, and coupled with weak Confidence in the Eurozone, has left investors spooked. Beginning with the indices and composites, the NASDAQ fell -0.65% as it settles in region of 3231.51, down -21.03 points in these moments. In addition, the S&P 500 is trading in negative territory, operating at 1554.58, descending -9.48 points or -0.61% at the time of writing. Finally, the Dow Jones has edged lower at the opening, trading in the zone of 14465.88, presently -0.64% after a movement of -93.77 points.

Sectors are all negative currently, however the Conglomerates and Consumer non-Cyclical sectors have distinguished themselves as main losers thus far, declining -1.00% and -0.94% respectively. In other news, the price of crude has settled above USD $95.76/bbl Wednesday, trading off its session highs.