A brief of world stock on Monday(3:38 PM - 14/04/2015)
U.S. stocks dipped on Monday as fears increased that the strong dollar and lower oil prices will hurt U.S. first-quarter earnings. Nine of the 10 S&P 500 sectors fell, led by a 1.1 percent decline in S&P industrials. Shares of General Electric Co dropped 3.1 percent to $27.63 after rallying on Friday. The dollar was last up 0.1 percent against a basket of major currencies after hitting a peak of 99.99, its highest in four weeks. A stronger dollar tends to hurt profits for U.S. multinationals.
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