Wall Street around freezing – Business World

The US stock markets traded around zero during the quarter last trading day. After the US stock exchanges opened for the day, oil prices have begun to recover, giving support to the energy sector.

Large companies index Dow Jones Industrial Average was at 16:35 unchanged at 17,718. The broader index S & amp; P 500 was unchanged at 2,064, while the technology-heavy Nasdaq Composite was up 0.2 percent to 4878.

The ten-year rate was 1 basis point lower at 1.82 percent while trettioårsräntan was 2 points lower at 2 , 64 percent.

The American trading session began with macro statistics including the unemployment and consumer confidence. Weekly statistics on the number of new job seekers in the US were slightly higher than expected. The purchasing managers’ index in Chicago rose surprisingly sharply to 53.6 in March from 47.6 months before. The market had only expected a level of 50.0.

The total US consumer confidence was 42.8 last week, compared with a level of 43.6 during the previous week. The result is the lowest in three months.

Oil prices are recovering today’s earlier losses and is now up more than 1 percent. Brent crude quoted at $ 40.50 a barrel, while WTI oil traded at $ 38.70 a barrel.

Among the individual companies, General Electric’s finance unit, GE Capital have applied to get rid of its status as a systemically important financial institution on the grounds that GE has now sold most of their banking and financial activities. GE shares were up 0.3 percent.

Still in the financial industry have insurance giant AIG’s mortgage insurance unit United Guaranty now confirmed that it will bring in up to $ 100 million in new capital in connection with a spin later in year. AIG was up 0.3 percent.

Chipotle has filed a trademark application for “Better Burgers” according to CNBC, a sign that the company is now planning for a hamburger bet. Chipotle has recently been indragit in a smittoskandal after guests at several of the Group’s Tex-Mex restaurants have been food poisoning. Shares were up 0.6 percent.

In the many events surrounding the failing solar and wind power developer Sunedison now the retiring CFO Brian Wuebbels fired from their very possession mission as president of Sunedisons two särnoterade subsidiary Terraforming Power, TERP , and terraform Global, GLBL. TERP and GLBL will during a transition period led by their respective boards. The share was down 7.0 percent.