Wall Street posts declines after easing rally, but closes Feb in positive

The US stocks market has closed the last day of February with red numbers as the major indexes retreated from highs to post losses at the last session hour. The Dow finished withing 100 points of 2007 record peak.

After declining 20.88 points or 0.15%, the Dow Jones has closed the day at 14,054.49, ending higher for third straight month with 1.2% monthly gains. The S&P 500 declined 1.31 points or 0.09% to end the day at 1,514.68, adding 1.1% on its fourth month of gains. The Nasdaq Composite eased 2.07 points or 0.07% to 3,160.19, 0.6% monthly gains.