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09Jan2017 Market Close: Wall Street Closes Mixed, But Mostly Down, Crude Prices Sharply Down, US Dollar Moderately Weaker, DOW Down 76 Points

Monday, January 9, 2017 15:10
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Written by Gary

US stock markets closed lower with the Tech heavy Nasdaq remaining in the green. Dow falls 76 points. Nasdaq rises 0.2%, while S&P 500 slips 0.4%. Oil fell 4% to $52 a gallon. Stocks and commodities could see a 10 % melt-up in the first half of the year, followed by a “meltdown” closer to 2018, according to BofA strategists.

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