Friday, August 12, 2016

Slight rise expected on Wall Street – Business World

The stock markets in the US is expected to open just below zero. Before the IPO launch has been unexpectedly weak statistics on the US retail presented to the market, which put pressure on several leading European stock exchanges.

S & amp; P 500 semester was at 15:04 0.1 percent below fair value, while Nasdaq 100 semester was 0.1 percent in.

In Asia, the mood was positive after a weak statistics package from China led to hopes of stimulus measures. Stock markets in Europe were pressed back in the afternoon after US data on retail sales come in on the weak side.

Sales in the US retail sales were unchanged in July compared with the month before. Analysts had expected a rise of 0.4 percent. In June, retail developments revised +0.8 percent from the preliminary 0.6 percent.

On the statistics front, was also received US producer prices, PPI, which was down by 0.4 percent in July compared to the previous month . The market had expected a rise of 0.1 percent.

The core PPI, excluding food and energy, was also 0.3 percent during the month. The market had expected a rise of 0.2 percent.

After the stock market opening is expected statistics on industrial stocks in June, as well as Michigan’s preliminary consumer confidence index for August.

Nvidia, which released its interim report after the close of trading yesterday, is up by 3.0 percent in förhandeln.

JC Penney reported its quarterly results early in the US morning, shares are up 1.3 percent in förhandeln.

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