Final Trading Session Of April Leads To Negative Day – Acadiana Business Index

Wall Street closed lower in the final trading session of April. Ken Meyers gets you up to date on what's happening in the markets on Monday's Acadiana Business Index.

• The Dow was down 17 points to 13211. The S&P 500 lost 5 points to 1397 and the NASDAQ was lower by 22 points to 3046.
• Eurozone debt concerns weighed on investor sentiment. Spain’s economy contracted 0.3% in the first-quarter, putting the country into its second recession since 2009. On our shores, consumer spending in the U.S. climbed 0.3% in March after the biggest gain since August 2009, while consumer income also picked up, gaining 0.4% in the period.
• After the closing bell, profit tallies were due out from Anadarko Petroleum and Shutterfly.
• In bondland, Treasuries gained ground today, capping off their biggest monthly advance since September of last year. The 10-year note was up 4/32 to yield 1.92% and the 30-year bond gained 3/32 to yield 3.12%.

For the complete report, click Ken's Market Report.