Wall Street closed Monday with declines as investors fear on geopolitics

FXStreet (San Francisco) - The US stocks market closed down on Monday as investors are concerned in geopolitical factors such as the Ukraine crisis and the Israel's military invasion of Gaza.

After opening with negative note, stock attempted to recover throughout the session but despite to flirt with the daily break-even, major indexes closed with losses.

The Dow Jones declined 48.45 pts or 0.28% to finish at 17,051.73; the S&P 500 eased 4.59 pts or 0.23% to 1,973.63; while the Nasdaq Composite lost 7.44 pts or 0.17% to end the session at 4,424.70.

GBP/JPY recovers to daily highs

After falling around 40 pips from 173.15 to 172.75 in the European morning, the GBPJPY bottomed at this level and it started to recover ground in the American session and now it is testing daily highs just shy of 173.20.
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AUD/NZD falls below 1.0800

The AUD/NZD started the week with a modest decline that pushed the price back below 1.0800.
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