S&P is doing something that almost all stocks follow

On Thursday the popular Japanese yen broadly increased while risk desire decreased in the wider markets. That boosted the safe-haven Japanese currency, as the greenback kept its profits versus other major currencies after retracing from its lows. The climate in the Asia stock markets was also restrained while Hong Kong shares fell for a second day after the extensive street protests. The yen rose 0.2% to 108.269 yen per dollar, drawing back from an 11-day low of 108.809 that was touched at the beginning of the week.

On Wednesday U.S Stocks dropped for a second day, forced by drops in tech shares, interrupting the great bullish momentum of June.

Facebook shares fell more than 1.5% following a Wall Street article revealed that the company opened emails connecting CEO Mark Zuckerberg to the company’s privacy methods. The Nasdaq Composite fell about 0.4% to 7,792.71. The Dow Jones Industrial Average fell 43.65 points to 26,004.82 while the S&P 500 ended 0.2% lower at 2,879.83.