New York: Following Europe down before the Fed minutes, the S & amp; P 500 -0.6%
2015-08-19 16:16
(SIX) stock exchanges on Wall Street opens lower on Wednesday after more steep declines in Europe and Japan. The market awaits Federal Reserve's latest monetary policy meeting, which could provide a indication of the date of an upcoming rate hike. "Investors are nervous about the global and comprehensive picture of the takes some profit-taking as they wait to see what will happen in the future. Share Declines in Asia and emerging markets are contributing to the negative sentiment, while the macroeconomic signals have been mixed. Meanwhile there is a big question mark surrounding the Fed's minutes today, "said Heinz-Gerd Sonnenschein at Deutsche Postbank Bloomberg before opening. Blue Chip index Dow Jones Industrial Average was at 16:09 down by 0.7 percent to 17,385. The broader index S & amp; P 500 fell by 0.6 percent to 2084 while the technology-heavy Nasdaq Composite fell by 0.5 percent to 5033. The interest rate on the ten-year bond was up 1 basis point to 2.21 percent while trettioårsräntan rose 1 basis point to 2.87 percent. 20:00 published the monetary policy meeting The Federal Reserve's latest meeting in late July. Earlier in the day said Fed member Narayana Kocherlakota to the US economy would face a serious risk of the rate is raised in the near future. His colleague James Bullard argued again for the US central bank will raise interest rates. Before the stock market opening was released in the US CPI statistics July. Consumer price indices rose by 0.1 percent in July compared to the previous month. Core CPI rose +0.1 percent over the same period. The market had anticipated that both CPI and core CPI would be up by 0.2 percent. On the company front, Lowe's reported a growth in retail sales which was above market expectations, according to Reuters. Company repeated full year prospects. Lowe's up 1.1 percent. Trade chain Target delivered an interim result that struck expectations on both earnings and sales - only one day after rival Wal-Mart missed expectations and lowered the forecast for its full year. Target's shares climb 4.5 percent higher. Palatin Technologies shot up 9.5 percent after Sector colleague Sprout Pharmaceuticals has become the first company to get a treatment for lack of libido in women approved of the US drug authority. Although Palatin develops sexdriftsbehandling for women. Technology company Analog Devices rose 4.7 percent after a Interim Report where both earnings and sales exceeded expectations for the fourth quarter in the company's split financial year. Indices Listing Today This year DJIA 17,385 -0.7% -2.5% The Nasdaq Composite 5033 -0.5% + 6.3% S & amp; P 500 2 084 -0.6% + 1.2% S & amp; P 500 Consumer 627 -0.1% + 9.5% S & amp; P 500 Consumer Staples 508 -0.8% +1.6% S & amp; P 500 Energy 498 -1.1% -15.0% S & amp; P 500 Financial 337 -0.7% +1.2% S & amp; P 500 Health Care 298 -0.5% +1.0% S & amp; P 500 Workshop 465 -0.8% -4.3% S & amp; P 500 IT 705 -0.5% + 1.9% S & amp; P 500 Materials 283 -0.9% -7.2% S & amp; P 500 Telecommunications 151 -0.4% -0.8% S & amp; P 500 Power 230 -0.3% -4.1% Mattias Magnusson mailto: mattias.magnusson@six-group.se www.blogg.six.seSIXNews SIX News
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