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MARKET SNAPSHOT: U.S. Stocks Slip As Spanish Yields Rise

By Kate Gibson, MarketWatch NEW YORK (MarketWatch) -- U.S. stocks fell Monday, extending losses into a third session, as Spanish yields topped levels viewed as unsustainable and ahead of earnings from Alcoa Inc. The Dow Jones Industrial Average (DJI) fell 63.73 points to 12,708.74 Alcoa (AA) reports second-quarter results after the close, with the aluminum maker and Dow component expected to report a drop in earnings with global production exceeding demand, keeping a lid on metal prices. The S&P 500 index (SPX) declined 5.77 points to 1,348.91, with energy hardest hit and health care the sole rising sector among its 10 industry groups. Shares of Visa Inc. (V) and MasterCard Inc. (MA) were hit after UBS AG downgraded the payment networks. The Nasdaq Composite (RIXF) shed 13.01 points to 2,924.34. For every stock advancing two fell on the New York Stock Exchange, where 108 million shares traded as of 10:25 a.m. Eastern time. As Spain's 10-year debt yield rose above 7%, European finance ministers readied to meet to work out the details of a rescue map for banks.

Stock News for Mastercard (MA)
DateTimeHeadline
02/16/201708:00:00La FCEI signe une entente avec Mastercard pour répondre aux...
02/16/201708:00:00Canadian Federation of Independent Business Partners with Mastercard...
02/15/201710:35:14Notice of Iran-related Disclosure Filed Pursuant to Section 13(r)(3...
02/15/201710:25:39Annual Report (10-k)
02/14/201714:36:45Statement of Ownership (sc 13g)
02/14/201711:41:40Amended Statement of Ownership (sc 13g/a)
02/13/201718:14:10Statement of Changes in Beneficial Ownership (4)
02/10/201713:24:47Amended Statement of Ownership (sc 13g/a)
02/09/201717:17:59Statement of Changes in Beneficial Ownership (4)
02/09/201714:34:54Current Report Filing (8-k)
02/07/201717:17:00Mastercard to Participate in Upcoming Investor Conference
02/07/201710:29:00Big Employers Go It Alone in Push to Help Refugees
02/06/201717:21:01Statement of Changes in Beneficial Ownership (4)
02/06/201713:00:00Mastercard Introduces the Masterpass #ThankTheFans House To Build...
02/02/201717:05:22Statement of Changes in Beneficial Ownership (4)
02/01/201717:03:00RushCard, Mastercard Fined Over 2015 Customer Lockout -- Update
02/01/201717:01:17Statement of Changes in Beneficial Ownership (4)
02/01/201713:55:00RushCard, Mastercard Fined Over 2015 Customer Lockout
02/01/201709:00:00Masterpass by Mastercard Expands Payment Options for Thousands...
02/01/201703:35:00ATLAS Mara Signs Partnerships With Mastercard

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