New York: Red closure after escalating Ukrainaoro, S & amp; P 500 -0.3%
2014-08-15 22:29
(SIX) The American stock exchanges closed in the red after beginning day rise. An escalation in the conflict between Ukraine and Russia made investors nervous and the market is watching developments over the weekend. The Dow Jones Industrial Average had lost 0.3 when closing percent to 16,663. In the broader market, the S & amp; P 500 unchanged at 1955, while the Nasdaq Composite fell 0.3 percent to 4.465. The interest rate on the ten-year bond was down by 7 basis points to 2.34 percent while trettioårsräntan fell 6 basis points to 3.13 percent. Like the stock markets in Europe moved the American share prices down after the news that Ukraine attacked the Russian convoy passed land border the night of Friday. The attack came a day after the Russian President Vladimir Putin expressed itself in a conciliatory tone regarding the crisis. "We will do everything in our power to make this conflict ends as soon as possible, allowing blood to stop flowing in Ukraine, "stated Putin have said according to CNBC. Now the world awaits Putin's response to the developments in Ukraine. The oil, which previously hardly been affected by the conflict between Ukraine and Russia, rose 1 percent during the trading, reports CNBC. "Investors are trying to understand what is really happening in Ukraine and the market pulled back. We have a geopolitical situation must addressed, and the shadows everything else that happens in the market, "said Stephen Carl Williams Capital Group told Bloomberg. In today's data harvest, the market has been thresh itself digits regarding, among other things, the Empire State manufacturing index for August and statistics of American industrial production and capacity utilization for the month of July. Manufacturing index was +14.69 in August, compared with last month's unaudited results at +25.60 and expectations low at +20.0. Industrial landed at +0.4 percent in July, expected outcomes was +0.3 percent. Capacity utilization came in at 79.2 percent in July, which was in line with what the market had expected. Furthermore, the statistics flora noted that consumer confidence in United States, according to the University of Michigan Consumer Sentiment Index, was preliminary to 79.2 in August, compared with analysts' expectation of a level of 82.3. Among corporate news message Coca-Cola that it intends to acquire about 17 percent of the energy drink company Monster Beverage. Coca Coke shares were up 1.7 percent and the Monster was also up 30 percent. Nordstrom fell 5.2 percent after missing analysts' expectations on reported sales. In the report the front JC Penney reported a positive surprise sales, annual performance and reduced loss. Shares were down 2.5 percent, after having begun positively. Tractor manufacturer Deere informed the market on Friday on that the company plans to cut about 600 employees at four different agricultural machinery factories, due to weaker demand. Deere shares was down initially but recovered during the day. Share closing at -0.1 percent. Anna Sundström mailto: anna.sundstrom@six-group.se www.blogg.six.seSIXNews SIX News
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