9/14/10

Exchange opened in the U.S. "red zone" on statistics has from Europe

Major U.S. stock indices dropped at the opening of trading on Tuesday on the background of a significant reduction in investor confidence in the economy of Germany, despite the increase in retail sales in the U.S..

The index of blue chips »DJIA at auction in New York as of 17:31 Moscow time decreased by 0.10% to 10 533.76 points, the index of wide market S & P 500 - on 0,14% to 1 120.32, the index high-tech companies Nasdaq Composite - on 0,17% to 2 281.83.

"The range of fluctuations in the market is limited - lead agency Bloomberg opinion of Vice-President of BlackRock Inc. Bob Doll (Bob Doll). - The stock market will break the current stalemate or in a positive direction, or in the negative. Now we are on the positive side, but recognize that investors need more solid evidence that the decline will not be repeated again. "

As it became known on Tuesday, retail sales in the U.S. in August increased by 0,4% compared to July - up to 363.7 billion dollars, while analysts polled by the information-analytical Internet portal dailyFX.com, predicted growth of only 0,3%.

Better prediction and another important parameter - the volume of retail sales, excluding automobiles and parts. He rose in August at 0.6% compared with July. Analysts had expected growth also by 0,3%.

Nevertheless, some experts note that to restore the world's largest economy, 70% of the runway which is spent on personal consumption, such rates are not enough.

In addition, pressure on U.S. stock indexes have negative news from Europe, where the index of investor confidence in the region's largest economy, Germany, fell in September to minus 4.3 points versus 14 points in August.

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