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, 20 stocks fell, including DuPont (DD) dropped 2.9%. Prior to DuPont said 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) and Progress Energy (PGN) confirmed that the two sides will share swap merger. 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 2.3%, Progress Energy fell 2.5%.
The New York Mercantile Exchange, February crude futures rose $ 1.17, to $ 89.20 a barrel. Gold futures rose nearly 3 cents, to $ 1,371.60 an ounce.