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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
05/22/201514:08:12Future of Target, MasterCard Data Breach Deal Remains in Flux
05/22/201509:51:02What China's $6.7 Trillion Market Really Means to Visa And MasterCard
05/21/201515:25:05Current Report Filing (8-k)
05/20/201512:15:10What Is the S&P 500 Index?
05/20/201508:30:00MasterCard to Participate in Upcoming Investor Conference
05/19/201514:34:00IHG® Rewards Club And MasterCard® Give One More Day Of Vacation A...
05/19/201510:07:02FinTech on the Rise: How Millennials Could Set New Precedents...
05/19/201509:00:00MasterCard Makes Sending and Receiving Money Faster, Easier and...
05/18/201519:11:02The Best Blue Chips to Own Forever
05/17/201509:00:02Edward Jones Credit Card: Good Product, But Is It Right for You?
05/08/201514:00:36Judge Denies Small Banks' Effort to Block Part of Target Settlement
05/08/201513:41:12Judge Denies Small Banks' Effort to Block Part of Target Settlement
05/06/201518:13:15Statement of Changes in Beneficial Ownership (4)
05/06/201518:13:15Statement of Changes in Beneficial Ownership (4)
05/06/201518:13:15Statement of Changes in Beneficial Ownership (4)
05/06/201518:12:18Statement of Changes in Beneficial Ownership (4)
05/06/201516:34:58Current Report Filing (8-k)
05/06/201509:09:02GE Capital Credit Card No Longer: New Name, Same Great Products
05/06/201504:58:58Barclays Reaffirms Overweight Rating for Mastercard (MA)
05/04/201512:03:02American Express Bluebird: A Solid Alternative to Checking Accounts

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