Monday, July 25, 2016

Wall Street paused to start a busy week – Boursorama

Wall Street expects the decisions of the US Federal Reserve and the Bank of Japan (GETTY IMAGES NORTH AMERICA / AFP / File / SPENCER PLATT)

Wall Street expects the decisions of the US Federal Reserve and the Bank of Japan (GETTY IMAGES NORTH AMERICA / AFP / File / SPENCER PLATT)

around 2:10 p.m. GMT, the index Dow Jones Industrial Average Featured yielded 84.54 points 18,487.55 points and the Nasdaq, dominated by technology, 6.60 points 5093.56 points. The broader S & amp;. P 500 fell by 8.55 points, or 0.39%, to 2166.48 point

On Friday, the New York Stock Exchange had increased slightly, going back to historic levels an economic reality marked by numerous results of companies: the Dow had gained 0.29% to 18,570.85 points and the Nasdaq 0.52% to 5100.16 point

“the shares. down a bit in the early morning while investors are preparing for a wave of corporate earnings this week and monetary policy decisions of the Federal Reserve and the Bank of Japan on Wednesday and Friday, “summarized the analysts Charles Schwab.

Chris Low, at FTN Financial, “the Fed should follow the example of the European Central Bank and do nothing before something next time.”

Some analysts believe that recent economic indicators rather favorable, optimism in stock markets and a better business than expected results might revive monetary tightening intentions some months ago by Fed officials.

But for the moment, “a wait mentality weighs on the market, and it is maintained without significant pressure to sell,” noted for his part Patrick O’Hare at Briefing.

in addition to monetary policy decisions, investors are also preparing to discover this week’s quarterly results almost 200 S & amp companies; P 500. politically, they were likely to follow from afar the progress of the convention the Democratic party, which must relaunch the campaign of Hillary Clinton for president in November.

– Reconciliation Verizon / Yahoo! –

On the corporate side, the main news of the day was the agreement under which Verizon phone company will buy all the core business internet group Yahoo! for $ 4.8 billion <. / p>

Verizon yielded 0.37% to 55.89 dollars and Yahoo !, which will keep its cash, a patent portfolio and its share in China’s Alibaba (-1.41% to 83.30 dollars its new York listing) and Yahoo Japan, lost 1.93% to 38.62 dollars.

The maker of Huggies diapers and Kleenex tissues, Kimberly-Cark, lost 1.78% to 132, $ 23 despite a return to profit in the second half and good sales in North America that allowed him to play down the negative impact of currency effects. It predicted very shy, which seemed to disappoint investors.

The industrial conglomerate Danaher yielded 0.34% to 80.96 dollars despite profit drop but certainly in better than expected, and a number of sales up despite an environment described as “difficult”. Its profit forecast for the current quarter and year were however disappointed expectations.

Finally, the energy sector was weighed on indices with an overall decline of 1.35%, reflecting the drop in crude prices.

the bond market was rising. The yield on 10-year Treasury was displayed at 1.553% against 1.567% Friday night, and that good for 30 years at 2.270% against 2.283% previously.


No comments:

Post a Comment