Tuesday, June 28, 2016

Wall Street rebounds after closing its decline due to Brexit – Boursorama

 * Upward revision of US  GDP for the first quarter * Financial and  technology have benefited from the rebound *  Values ​​related to energy up with a barrel *  The Dow took over 1.57%, the S & amp; P 1 , 78%,  Nasdaq 2.12% (updated with volume, Endo  International) by Lewis Krauskopf NEW YORK, June  28 (Reuters) – the New York Stock Exchange  finished higher on Tuesday, helped by a rebound  purchasing power cheaply after two massive sales  of sessions that followed the British vote  Thursday in favor of leaving the European Union  (EU). The Dow Jones .DJI regained 269.48 points,  or 1.57%, to 17,409.72 points. The S & amp; P 500  .SPx broader took 35.55 points, or 1.78%, to  2036.09 points. The Nasdaq Composite .IXIC  rebounded by 97.42 point (+ 2.12%) to 4691.87  points. All three major indexes had registered  Friday and Monday their largest decline in two  sessions since August 2015, including a decline of  around 5.3% for the S & amp; P 500. The volatility  index of the CBOE .VIX fell from 21.38% to 18.75  points in the stride. However, uncertainty about  the timing and the output conditions of the UK in  the EU should weaken the market and boost  volatility in the coming weeks. “There is a  certain logic to the increase but I do not think  she’s here to stay,” said Art Hogan,  chief strategy officer at Wunderlich Securities in  New York. As in Europe, all sectors have benefited  from the rebound but the most battered values  ​​since the announcement Friday of the  unexpected outcome of the British referendum are  among the most dynamic on Tuesday on Wall Street.  NIKE 5.7% LOSES IN POST-STOCK This is the case of  bank whose .SPSY index took 2.47%, with gains  between 3.3% and 5.1% JPMorgan Chase JPM. N, Bank  of America and Citigroup BAC.N CN. The technology  sector is also among the .SPLRCT sharper rebounds  with a gain of 2.03%, with the oil sector .SPNY (+  2.64%), which benefited from the rebound in oil  prices in the context of renewed risk appetite.  Similarly, the dollar fell back after being sought  for two days and is trading at more than 1.1085  per euro EUR = and 1.3343 to the pound GBP = D4  which returns to form after falling to a more low  of 31 years on Monday. The yield on 10-year US  government bonds US10YT = RR rising slightly after  two sessions of declines. Investors remain  attentive to signals that may influence the  decisions of the Federal Reserve while the British  vote, which weakens the global economy could now  sweep the arguments of the central bank for a  higher interest rate by the end of the year. The  Commerce Department said Tuesday that growth in  the US economy had indeed slowed in the first  quarter although not as strongly that only gave  him to think first estimates, to 1.1% annualized.  As for the US consumer confidence, it improved  significantly more than expected in June,  according to the employers’ organization  Conference Board. Values, Endo ENDP.O  International jumped 18.26%. The pharmaceutical  company has talked with private equity fund of  possible asset sales to reduce its debt, said  sources close to the dossier. Nike NKE.N, the  world’s leading sporting goods, issued after  the close of quarterly results considered  disappointing. The title was losing 5.7% in  electronic transactions in after-hours trading.  (With Yashaswini Swamynathan, Juliette Rouillon  for the French service)  
 


Associated values ​​

LikeTweet

No comments:

Post a Comment