Stock Exchange New York: Wall Street opens stable after the revision in US GDP decline
New York (awp / afp) – Wall Street opened little changed on Friday assimilating a downward revision of the quarterly US growth that does not unduly affect the markets still at a high level: the Dow Jones yielded 0.06% and the Nasdaq 0.01% taking
Around 1440 GMT / 3:40 p.m. HEC, the index Featured Dow Jones Industrial Average. fell by 11.08 points 18’203,34 points not far from its record closing passed this week 18’224,57 points and the Nasdaq, dominated by technology, advanced 0.66 points to 4988.55 points just below the threshold of 5000 points and its historic highs of fifteen years ago
The broader S & amp;. P 500, closely followed by investors, gained 0.02 %, or 0.40 points to 2111.14 points too close to its highest levels.
On Thursday, Wall Street had ended in a disorganized, falling oil prices and slowing mixed indicators the market: the Dow Jones lost 0.06% to 18’214,42 points while the Nasdaq, stimulated by technology sector shaped, won 0.42% to 4987.89 point
<. p> Now the stock market continues to hesitate “after a downward revision of growth (US) in the fourth quarter,” highlighted the experts at Charles Schwab, noting that the new figure was a little higher than expected.
In its second estimate of quarterly GDP, the Commerce Department reported a slowdown in growth to 2.2% last quarter, in the wake of the global economy, while analysts l ‘expected 2.1%.
Overall, the stock market, which has changed little this week, seems about to conclude a very successful month of February, during which the Dow gained about 6%, or currently its largest monthly increase since October 2011.
“Now what?”, asked Patrick O’Hare of Briefing.com. “The Greek situation calmed, Russia and Ukraine are trying to enforce a cease-fire, the president of the Federal Reserve Janet Yellen, updated outlook on monetary policy and the quarterly results season companies is, in effect, over. “
” At the March began, the market may well be stuck at those levels, pending the next catalyst “, he has said.
The bond market was small rise, the yield on 10-year Treasury falling to 2.014% against 2.033% Thursday evening, and that for 30 years at 2.615% against 2.629% previously.
afp / rp
(AWP / 02.27.2015 3:54 p.m.)
(AWP / 27.02.2015 3:54 p.m.) ^ ->