"I think its the fear factor (on global issues) that is pushing stocks a little bit," said Peter Cardillo, chief market economist at First Standard Financial in New York. On the Nasdaq, 2,007 issues fell and 340 advanced.The S&P 500 index showed 23 new 52-week highs and no new lows, while the Nasdaq recorded 6 new highs and 17 new lows. "The British exit is beginning to become more of a factor now and that's due to the fact that we have crumbling yields throughout the globe. "At 9:43 a.m. Goldman Sachs fell 1.3 percent and was the biggest drag on the Dow.Urban Outfitters fell 7 percent to $26.02 after the apparel retailer's disappointing sales report.Mattress Firm dropped 17 percent to $27.85 after posting a bigger-than-expected quarterly loss.Declining issues outnumbered advancing ones on the NYSE by 2,399 to 381.
Source: Economic Times June 10, 2016 13:52 UTC