Wednesday, December 31, 2014

Declines on Wall Street for the last session of the year – Money.pl

Declines on Wall Street for the last session of the year – Money.pl

2014-12-31 22:50

 The declines on Wall Street for the last session of the year

[Photo: Xinhua / Photoshot / REPORTER]

At the close of the Dow Jones Industrial fell by 0.89 per cent., to 17,823.07 points. Throughout 2014 years, however, the index has gained 7.5 percent. S & amp; P 500 lost 1.03 percent. and amounted to 2058.90 points. Nasdaq Comp. fell by 0.87 per cent. and amounted to 4736.05 points.

After a weak start of the month and the correction, which brought the S & amp; P 500 down by 5 per cent., the second half of December, Wall Street was already much better. Index recovered with interest the lost distance and at the end of December came out to new highs.

Quotations US equities supported by data from the US economy, which showed the strongest third-quarter GDP growth of more than a decade and to provide the Federal Reserve, that no change in the first quarter of next year will remain the rate per cent. in the United States.

The entire 2014. S & amp; P 500 ends with an increase of almost 12 percent. This is the sixth year growth of this index in a row. Increases this year recorded eight of the ten major sectors fared best company of the utility sector, which gained this year by an average of 27 percent. The worst was that while the fuel sector in the wake of falling oil prices in 2014 went. Down more than 9 percent.

Crude oil prices during the last session this year, this year’s decline deepened. Brent crude oil price per barrel during the session fell below $ 56, and is the lowest of five and a half years. Throughout the year, oil prices have fallen nearly 50 percent.

The stock price of the raw material harm on Wednesday weak economic data from China. PMI in the manufacturing sector in China amounted to 49.6 points in December. to 50.0 points. at the end of the previous month. For the first time since May rate dropped below 50 points.

Second Live

The last session on Wall Street this year brought a drop …

Investors know the latest data from the US labor market. The number of people applying for the first time jobless claims last week in the US rose to 298 thousand. of 281 thousand. a week earlier after adjustment.

Wall Street economists had expected jobless claims will be 290 thousand. to 280 thousand. week before the revision.

Weaker than expected proved the PMI reading from the Chicago area. He fell in December to 58.3 points. with 60.8 points. in the previous month. Analysts had expected the index at 60.0 points.

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