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With the aid of Angela Moon NEW YORK (Reuters) – The S&P 500 and the Nasdaq ended decrease on Monday whereas the Dow failed to shut above its milestone level of sixteen,000 as stocks offered off late in the session following Carl Icahn’s cautious comments on the equities market. The Dow and the S&P 500 retreated from file ranges with not up to an hour to go in Monday’s session. The Nasdaq, which had been down reasonably for many of the day, fell 1.1 % to a session low. Speaking at the Reuters Global Investment Outlook Summit, Icahn mentioned he’s “very cautious” on the stock market, saying he could see a “big drop” as a result of cash at many companies are fueled more by low borrowing prices reasonably than the strength of administration.
