Thursday, August 25, 2016

Yellen Meanwhile, Wall Street hesitates – Boursorama



Wall Street declined slightly (AFP / File / TIMOTHY A. CLARY)

Wall Street slightly decrease (AFP / File / TIMOTHY A. CLARY)

by 1430 GMT, the index Featured Dow Jones Industrial Average lost 6.63 to 18,474.85 points, while the Nasdaq, dominated by technology, rose 1.99 points to 5219.69 points. . The broader S & amp; P 500 progressed by 0.28 point, or 0.01%, to 2175.72 point

On Wednesday, the New York Stock Exchange had fallen, already suffering from the same problems: the Dow Jones lost 0.35% to 18,481.48 points and the Nasdaq 0.81% to 5217.69 points.

“the continued weakness in commodities weighed on the markets at the moment metals and oil prices remain under pressure, “said Charles Schwab’s brokers in a note.

oil prices opened slightly lower before recovering Thursday in New York, the uncertainty on the possibility of a reduction in supply from the Organization of petroleum exporting countries (OPEC) and the United States.

Overall, “the caution on the markets before critical speech tomorrow (Friday) the Fed President Janet Yellen, “added analysts at Charles Schwab.

investors hope detect in Mrs Yellen Jackson Hole signals on the next actions of the institution, including a possible rise in interest rates by the end of the year.

“While market players remained focused” on that date, “there had little movements related to the publication of statistics “favorable US, said Patrick O’Hare of Briefing in a note.

the weekly jobless claims in the United States, considered” encouraging “by analyst Briefing, recorded a slight unexpected drop and reached their lowest level in five weeks, according to data of the Ministry of Labour published Thursday.

reassuring Statistics on consumption, traditional engine of the economy US, orders for durable goods in the US rebounded more than expected in July, mainly due to the transport sector, according to figures presented on the same day this time by the department of Commerce

. – Tiffany surprises –

the jeweler Tiffany progressed from 6.13% to 73.09 dollars after presenting quarterly results exceeded expectations

the laboratory Mylan regained 1.97. % to 44.00 dollars after falling the day before. Accused in recent days to drive up the price of one of its drugs, the Company announced the implementation of aid measures for the purchase.

In the highly scrutinized distribution sector, Dollar General fell from 12.26% to 80.54 dollars, its quarterly results progressing less than expected.

the revenue and profit of the Dollar Tree also were disappointing investors and the title lost 7 , 03% to 88.26 dollars.

the computer giant HP has limited the decline in its revenues and earnings but its outlook for the fourth quarter were below expectations. Its course fell by 3.54% to 13.89 dollars.

The bond market retreated, the yield on 10-year Treasury increasing slightly to 1.567% against 1.563% Wednesday night, and that good for 30 years at 2.255% against 2.250% previously.

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