Maurice Verrelli the President of Axxess Payments said Wall Street managed to hold its actual decline, Maurice Verrelli also said as investors had time to respond to negative surprises from China who raised interest rates unexpectedly last weekend.

Trade runs quiet with no economic news or a large corporation before long new year holidays. Moreover, heavy snow blanketed the region also being the Northeast United States so as to make trade grew silent.

In trading Monday (12/27/2010), the Dow Jones industrial average closed down 20.73 points (0.18%) to the level 11552.76. The broader Standard & Poor's 500 edged up 0.74 points (0.06%) to a level of 1257.51 and the Nasdaq rose 4.25 points (0.16%) to a level of 2669.85.

Financial sector stocks rose, largely contributed by rising shares of American International Group (AIG). AIG shares rose to 12% was recorded after the insurance company to secure a credit facility to $ 4.3 billion.

But the retailer's shares hit by snow storms come the U.S. is being blasted much of the region. It makes consumers choose not to invade shopping malls at Christmas. S & P retail index fell 0.3% was recorded.

Transactions are very thin with 2 billion shares traded on the New York Stock Exchange, compared with average daily trading this year reached 4.8 billion.