US stocks retreat on weak Services Data $XAUUSD

US stocks retreated overnight as growth in US Services was weaker. The ISM Non Manufacturing Index fell to a four month low of 53.5, falling well past the 55.3 median economist estimate
Treasuries also rallied on comments from ECB President Mario Draghi stating that the economic outlook had worsened
Media giant Viacom impressed the market with strong earnings that beat market estimates. The stock rallied 3.4% to close at $52.59 per share
General Motors fell 2.4% after profit fell 61% from last year. Green Mountain Coffee Roasters fell 48% after the company announced that profit will not be as high as previously expected
Leading the losses on the Dow was HPQ, BAC, CAT and AA which all fell 3.05%, 1.96%, 1.191% and 1.54% respectively
DOW –0.47%, S&P500 –0.77%, NASDAQ -1.16%
USD was up again most of its major peers including the AUD
Gold was weaker touching USD1631.19, Oil fell another 2.5% overnight