Wall Street: two hours after the indexes are falling, waiting for Yellen – Il Sole 24 Ore

08/25/2016 20:07

  
  
    (Il Sole 24 Ore Thomson Plus) – New York, August 25 – Two
 hours before the end, the indices on Wall Street remain down
 canceling timid attempts of recovery observed in
 during. The wait for the intervention of tomorrow Janet
 Yellen, Federal Reserve Governor, from Jackson Hole.
Meanwhile, the locality ‘of the Wyoming mountains where the elite
 finance and ‘together, spoke the hawk Esther George,
 President of the Kansas City Fed: “It ‘s time to move
 to raise the cost of money in a gradual manner, “although
 “There ‘need that the approach is aggressive.” Robert
 Kaplan, president of the Dallas Fed, said the
 conditions for a monetary tightening “are strengthening”
 and that in a “not too distant future” an increase of the cost
 the money could be there. Today’s data (subsidies
 unemployment and durable goods orders) appear to give
 Fed a reason ‘to proceed with the normalization
 of its policy. The Dow Jones gives 32 points, or 0.18%, to
 share 18,449; the S & amp; P 500 lost 2 points, or 0.1%, to 2,173; the
 Nasdaq leaves on the ground 2.4 points, or 0.05%, at 5,215 altitude.
Oil and October Nymex manages to turn in a positive
 with a + 0.3% to $ 46.92 a barrel.
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 (RADIOCOR) 08/16/25 20:07:06 (0530) 5 NNNN