The courses on Wall Street traded erratically through Thursday and closed around zero. Some support came from the Bank of England, the Bank of England’s monetary policy statement. Best sector of the day were IT, while energy and finance were found in the ground.
“What we see is a market that manages to stand up, but there is an underlying concern that investors feel of, “said Bob Pavlik at Boston Private Wealth to MarketWatch.
Large companies index Dow Jones Industrial Average was at closing unchanged at 18,352. The broader index S & amp; P 500 was unchanged at 2,164, while the technology-heavy Nasdaq Composite was up 0.1 percent to 5,166.
The ten-year rate was 3 basis points lower at 1.51 percent while trettioårsräntan was 3 points lower at 2 , 26 percent.
the Bank of England decided on Thursday to cut interest rates by 25 basis points to 0.25 percent, while asset purchases increased. The rate cut was expected, according to most analysts, while the majority of participants in the Reuters poll had expected unchanged asset purchases.
None of the key interest rate will be lowered once more before the end of the year, but the bond purchasing program will not expands again – ensured that the forecast of only a mild recession in the British economy proves to be.
the US data showed that the number of new job seekers in the country amounted to 269,000 last week. The market had expected the number would amount to 265,000.
Industrial Orders in the US fell by 1.5 percent in June compared with the previous month. Analysts had expected a decline of 1.7 percent between the months.
Today, Friday, presented the official jobs report for July, which will attract great interest among investors.
bolagsväg reported Parker Hannifin, which competes with Atlas Copco compressors, adjusted earnings per share of $ 1.90 for the second quarter. Expected was $ 1.77 according to Zacks Estimates. Shares rose 4.5 percent.
Chesapeake Energy, active in natural gas and oil, did not impress investors with the increased production forecast presented in the Interim Report. The loss per share was larger than expected and its shares fell 3.0 percent.
Viacom unveiled better than expected figures for the second quarter. The report did not manage to impress the market traded shares down 1.0 percent.
Kellogg presented the interim figures in line with Wall Street expectations. Further, the company raised its full-year outlook prompting shares to rise by 1.7 percent.
Ford recalls 830,000 vehicles of Ford and Lincoln of the model years 2012 to 2016 in North America to replace the door locks .. The cost will be $ 270 million, which will be reported in the third quarter. The share closed 0.4 percent lower.
After the stock market closing presents networking site LinkedIn interim figures. The share was down 0.1 percent before the report.
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