17 Jul 2012

Wall St down

9:01 am on 17 July 2012

Wall St dipped on Monday after new retail data showed sales fell for the third consecutive month.

On the upside, Glaxo has acquired Human Genome and shares in Visa hit a record high

The Dow Jones Index was down 61 points, or 0.5%, at 12,716. The Nasdaq Composite was down 15 points, or 0.5%, at 2894.

In London, the FTSE 100 was down 0.07% and the CAC-40 in Paris was down 0.03%, but the DAX in Frankfurt was up 0.13%.

Across the Tasman, the Australian 200 Index closed up 22 points, or 0.5%, at 4105 on Monday and the NZX50 closed down 28 points at 3467.

At 8.25am on Tuesday, the New Zealand dollar was trading at 79.74 US cents, 77.83 Australian cents, 51.03 pence, 62.90 yen and 0.6498 euro. The Trade Weighted Index was at 72.34.

Brent crude oil was trading at $US104 per barrel and gold was trading at $US1592 per ounce.