The main US squares started the day trading in negative territory for the second consecutive session at a time when investors believe that any rise in interest rates by the Fed is further away.
The Dow Jones index opened the session on Tuesday to slide 0.65% to 17988.19 points, accompanied by technological Nasdaq Composite that started the day to yield 0.70% to 4,958.762 points.
Also the Standard & amp index; Poor’s opened the session to retreat 0.6% to 2093.46 points.
This is the second consecutive session in which the major US courts deal in negative territory, at a time when investors speculate on date on which the Federal Reserve of the United States will decide to raise the key interest rate remains at historic lows.
The adoption of a policy of “quantitative easing” by the European Central Bank (ECB) is to contribute so that investors are more confident that the Fed may delay the increase in interest rates until at least the end of this year in anticipation of a more robust economic recovery.
The president of the New York Fed, William C. Dudley, quoted by Bloomberg, believes that when the institution led by Janet Yellen adopt the decision to raise interest rates for the first time since 2006, this will cause turmoil in the financial markets.
However, fears face the possibility of the Fed raising interest rates despite the economic projections coming in recent weeks to fail estimates along the breakdown of corporate profits, are factors that have contributed to greater volatility of US equities over the past five weeks.
This week will be known new economic data on retail sales and industrial production in April. A report to be published this Friday will show that consumer confidence have remained close to 2007 highs.
Among the listed more are pushing Wall Street, note for Rackspace Hosting retreating 14 , 83% to $ 45.25 after announcing to the sales growth will slow in the second quarter.
(updated News at 15:10)
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