New York: Did the remains of minus after the Fed minutes, the S & P 500 -0.8% – Dagens Industri

New York: Did the remains of minus after the Fed minutes, the S & amp; P 500 -0.8%

                  2015-08-19 22:07
             

 (SIX) stock exchanges on Wall Street remained still south of zero  after melting Federal Reserve monetary policy  protocol, which signaled that a rate hike is close but  an exact time was announced not.       "The protocol is not convinced of a rate hike in September.  Inflation has not developed as the Fed had hoped, "said Brad Betchel  who is CEO of Jefferies currency trading to Dow Jones Newswires.       Blue Chip index Dow Jones Industrial Average had at closing  fallen 0.9 percent to 17,351. The broader index S & amp; P 500 recorded  0.8 percent lower at 2,080 while the technology-heavy Nasdaq Composite had  declined by 0.8 percent to 5019.       Federal Reserve monetary policy meeting minutes which took  place July 28 to 29 revealed that most members felt that one is on  heading towards a rate hike, but the prospects for raising  the interest rate was not achieved in July. No notice of the exact time  for the next rate hike was specified in the  protocol.       Similar to what was previously announced members felt that it required  additional data before it can raise rates. Only one member  prepared to raise interest rates in July, but he also stated that it was  prepared to wait for more economic data.       Furthermore, they indicated the Fed to cut their outlook for inflation  short term, partly due to falling oil prices.  The outlook for the US gross domestic product was also reduced  nothing compared to the forecast provided after the June meeting. Behind it  this decrease, the prospect of a stronger dollar.       Earlier in the day presented CPI statistics that were slightly  below expectations and official oil inventory data showed that  US crude oil inventories unexpectedly rose last week.       On US trading floors, energy was by far the worst performing  sector according to S & amp; P 500 Index in the wake of depressed oil prices.       Oil giants Chevron and Exxon Mobil fell 2.8  and 2.0  percent.       In the report, the front reported DIY chain Lowe a  Sales growth in the last quarter, but earnings per  the stock was below analyst consensus according Fact Sets survey. Answers  the share was an increase of 2.0 percent.       Trade chain Target delivered an interim result that struck  expectations on both earnings and revenues while  announced higher forecasts for the full year. Shares synthesis 0.8 percent  higher.       Analog Devices rose 1.0 percent after an interim report in which both  earnings and sales exceeded expectations for it  fourth quarter in the company's split fiscal year.       The appliance manufacturer Whirlpool, advanced 1.1 percent, with the support of  yesterday's North American industry data from AHAM who entered the  positive side.    Indices Listing Today This year    DJIA 17,351 -0.9% -2.6%  The Nasdaq Composite 5019 -0.8% + 6.0%  S & amp; P 500 2,080 -0.8% + 1.0%    S & amp; P 500 Consumer  626 -0.2% +9.4%  S & amp; P 500 Consumer Staples 507 -1.0% +1.5%  S & amp; P 500 Energy 490 -2.8% -16.5%  S & amp; P 500 Financial 337 -0.9% + 1.1%  S & amp; P 500 Health Care 297 -0.9% +0.5%  S & amp; P 500 Workshop 465 -1.0% -4.5%  S & amp; P 500 IT 703 -0.9% +1.5%  S & amp; P 500 Materials 283 -1.2% -7.4%  S & amp; P 500 Telecommunications 152 +0.0% -0.4%  S & amp; P 500 Power 232 +0.4% -3.5%      Louise Thorslund  mailto: louise.thorslund@six-group.se  www.blogg.six.seSIXNews  SIX News