Around the zero on Wall Street
2015-05-13 22:09
US stock markets landed around zero on Wednesday, after lying on the plus most of the trading day.
Sales in the US retail sales were largely unchanged in April compared with the month before, according to figures from the country’s commerce ministry. It was worse than analysts expected.
Positive laid investors tried, however, to interpret the outcome optimistic. For the Fed, they pale sales figures in fact be a signal that the economy is still sluggish and thus give the central bank more reason to wait with the increase in interest rates to fall.
In today’s losers heard chemicals group DuPont, whose shares fell 7.4 percent since billionaire and hardline activist investor Nelson Peltz failed to get a seat on the Board.
The Dow Jones industrial index fell 0.04 percent, while the Nasdaq composite index rose 0.1 percent.
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