Friday, June 3, 2016

Wall Street is tinged with bright red after the Job Report – AGI

(AGI) – Wall Street starts with the reverse gear , after the deterioration reported by Euroland markets, the disappointment caused by the Job Report American.

The report of the US labor market has in fact highlighted a low employment growth , fueling uncertainty about possible increases in US rates. While the ruling is positive for monetary policy implications, on the other hand there are fears that a worsening of the picture can stand to witness a weakening of the US recovery.

Meanwhile, data on foreign trade have appeared better than expected , while you are waiting for more data: PMI services and ISM non-manufacturing and factory orders.

On the US list, the index Dow Jones yields 0.52% to 17,747 points while the ‘ index S & amp; P-500 receding by 0.50% to 2,096 points. Below parity the Nasdaq 100 , showing a decline of 0.37%. In the S & amp; P 500, good fund performance Utilities (+ 1.34%), Telecommunications (+ 0.43%) and Energy (+ 0.41%). Among the most negative of the list of the S & amp; P 500, we find the funds Financial (-1, 83%), heritage of secondary consumption (-0.65%) and Health (-0.62%).

All the blue chips of the Dow Jones lost ground on Wall Street . The strongest declines were recorded for JP Morgan , which opens the session with -2.90% and Goldman Sachs , showing a fall of 2.91%. Investment banks are always the most affected by market volatility die.


Calo also decided to American Express , which marks a – 1.96%.

Tentenna Travelers Company , with a modest decline of 0.99%.
         
 

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