BforexIphone9

Categorized | USA Finances

U.S. indexes sank after the Fed’s extraordinary move

BernankeThe three main stock indexes in the U.S. I found myself in negative territory at the beginning of the last session of the week for Wall Street, after Federal Reserve unexpectedly raised interest rates on loans which commercial banks in the country. Investors took that as a sign of recent increases in base rate in the U.S. and opted to take a cautious stance. The index of the 30 largest and most traded stock companies, Dow Jones Industrial Average falling by 0.1% to 10 383.68 points and a half hours after the beginning of the session. Broader index S & P 500 gave up 0.1 percent to 1 105 points, mainly because of reductions in financial, energy and extractive companies. On the Nasdaq Stock Exchange main index Nasdaq Composite lost 0.2% to 2 236 points. Previous three sessions brought to the state index increases because of the good data on housing and factory sector. The encouraging financial results of the largest PC maker in the world also Hewlett-Packard stock increased optimism. The surprise Fed decision, announced after the end of the session on Wall Street on Thursday, dipped indexes in Asia and Europe today.
Before the start of trading today showed that U.S. inflation remains low at the beginning of this year. The consumer price index rose less than expected by 0.2 percent on a monthly basis in January. The main consumer price index reported its first monthly decline since 1982, suggesting that the risk of occurrence of high inflation in the country so far remains low. Shares of Dell cheaper by nearly 8 percent to 13.31 dollars per share on the stock exchange Nasdaq, after the third largest PC vendor in the world, reported a decline in profits for the last quarter of 2009, although the sales revenues are increased by 16% yoy. Over the past 12 months, Dell market capitalization grew by 64 percent to 26 billion dollars.

Leave a Reply

24option ebook9

 

February 2010
M T W T F S S
« Jan   Mar »
1234567
891011121314
15161718192021
22232425262728