Wall Street fears the Fed’s decision – Republic

Wall Street fears the Fed's decision – Republic

Source: Bloomberg

New York Stock Exchange ended week declines the major indexes. Analysts suggest investors’ worries about next week’s Fed decision on interest rates. There are signs that the American central bank decides to raise them.

The Dow Jones lost 0.36 percent on Friday., Nasdaq 0.53 percent., And the S & amp; P500 – 0.60 percent.

The uncertainty about the Fed’s decision laszych strengthened data from the American economy. Retail sales growth in the United States in August was 0.6 percent. month to month, while in July was equal to 0.3 per cent. mom, after adjustment – Department of Commerce announced in a statement.

Retail sales, excluding car sales in August rose 0.3 percent. month-to-month growth rate to 0.3 percent. mom a month earlier, after the correction.

Analysts had expected retail sales to rise by 0.6 percent. on a monthly basis, while sales excluding autos to rise 0.3 percent. mdm.

Also, a preliminary reading of consumer confidence index growth was stronger than expected by the Thomson Reuters / University of Michigan. The calculation for September jumped on to 84.6 points from 82.5 months in advance.

Caterpillar shares losing value (0.54 percent.), A manufacturer of heavy construction equipment, after the Bank of America analysts lowered the rating for these securities from buy to neutralnie.Traciły also qualities such companies as Microsoft (0.65 percent.), Facebook (0.56 percent.), Tesla (0.40 percent.), Twitter (1.01 per cent .), Ford (0.42 percent.) and General Motors (1.01 per cent.), as well as the Coca Cola Company (1.17 percent.).

They have gained while shares of eBay (2,98 percent.) due to speculation about the growing interest in shares in the company by the company Google (shares the same concern, however, have lost value by 0.99 per cent.) and Yahoo (3.93 percent.), following the news that China’s Alibaba Group, a participating Yahoo reported a sufficient demand for their shares in the offer IPO enough to pause now accepting purchase orders.

On Friday, stocks also gained BlackBerry (0.14 percent.), Toyota Motors (0.64 per cent .), Honda Motors (0.29 per cent.), McDonald’s (0.41 percent.), Time Warner (0.07 percent.), Amazon (0.20 percent.).

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