Global, European Markets Down Fourth Consecutive Day

Global, European Markets Down Fourth Consecutive Day Updated: 9/10/2014

Global and European markets are down for the fourth day in a row as news around the Scottish independence referendum loom large. The markets have built in this negative sentiment while awaiting the implementation of further European sanctions on Russia.

“Global and European markets are down today, marking the fourth consecutive drop in the respective markets with much happening on the political front in Scotland and Russia,” said David Krein, Head of Research, NASDAQ OMX Global Indexes.


  • NASDAQ BIOTECHNOLOGY INDEX (NBI) is up 0.65% since Friday’s close. Year-to-date performance for the index is up 20% after being above 20% at the end of February, and down 5% by mid-April. Gilead is up 1.6%, this week.
  • PHLX OIL SERVICE SECTOR (OSX) was down 2.06% as of noon Wednesday. The price of oil is currently $91.62 per barrel, down $2 from last week.
  • PHLX Gold/Silver Sector (XAU) was down 3.05% as of noon Wednesday. The price of gold is currently $1,247 per ounce, down $19 from last week.


  • The NASDAQ Global Index is a float adjusted market capitalization-weighted index, and tracks the performance of 98% of the listed market cap in the global equity space. The index currently includes 9,055 securities. The index is down 1.2% this week but up 12.5% year-over-year.

Nasdaq® and Nasdaq® are registered trademarks of The Nasdaq Group, Inc. The information contained above is provided for informational and educational purposes only, and nothing contained herein should be construed as investment advice, either on behalf of a particular security or an overall investment strategy. Neither The Nasdaq Group, Inc. nor any of its affiliates makes any recommendation to buy or sell any security or any representation about the financial condition of any company. Statements regarding Nasdaq-listed companies or Nasdaq proprietary indexes are not guarantees of future performance. Actual results may differ materially from those expressed or implied. Past performance is not indicative of future results. Investors should undertake their own due diligence and carefully evaluate companies before investing. ADVICE FROM A SECURITIES PROFESSIONAL IS STRONGLY ADVISED.

© 2015. The Nasdaq Group, Inc. All Rights Reserved.