Monday’s session on the New York stock exchange was marked by small fluctuations in the major indexes. Investors look at the oil market and waiting for the publication of economic data and statements by the Fed this week.
At the end of the day the Dow Jones Industrial rose by 0.11 per cent. to 17 535.39 points. Nasdaq Composite zniżkował by 0.14 percent. to 4,766.79 points. S & amp; P 500 rose by 0.05 per cent. to 2,037.05 points.
On Tuesday, a speech by Fed Chairman Janet Yellen. Investors are waiting for a signal when the Fed may raise interest rates again.
President of the San Francisco Fed, John Williams said on Monday that the US economy is doing quite well, but the global situation keeps Fed before returning to normalized interest rates.
Other members of the Fed recently suggested that the next rate hike it is possible as early as next month.
“I think we can wait. The big event this week should be the employment report” – says Tom Cassidy, chief specialist of investments in Univest Wealth Management.
On Monday’s economic data showed that consumer spending in the US in February increased by 0.1 per cent., While the figures for January were revised to an increase of 0.1 percent. previously administered to a rise of 0.5 percent. Personal income Americans in February increased by 0.2 percent.
Excluding food and energy, prices rose in February in the US by 0.1 per cent., Compared with an increase of 0.3 percent. in January. Over the past 12 months to February 2016 years, core inflation in the US to grow by 1.7 percent.
Analysts Barclays lowered its forecast for GDP growth in the United States in the first quarter to 0.9 per cent., And Goldman Sachs reduced its expectations to 1.7 percent. US gross domestic product in the fourth quarter of 2015. Grew by 1.4 percent. in terms of annualized qoq.
Oil prices recovered most of the losses from the beginning of Monday’s session. (PAP)
sp /
No comments:
Post a Comment