2015-01-05 23:26 [Photo: Kentannenbaum / Dreamstime]
Oil week started on inheritance, as US stock markets on which the company excel least energy sector. At the close, the Dow Jones Industrial fell 1.77 percent, the S & amp; P 500 lost 1.83 percent and the Nasdaq Comp. fell by 1.57 percent.
– Declines in oil prices pulled down her producers – rated Richard Hargreaves Lansdown Hunter in London.
– It seems that the stock market largely moves with oil prices. There are also fears that Greece will leave the Eurozone, and also remain concerns about the economic situation in Europe – added Matthew Kaufler, portfolio manager at Federated Investors investment.
He reminds us here that more recently, in December, the US indices laid down a historical highs, so the current correction should not be surprising.
A barrel of Brent crude on Monday became cheaper by more than 4.5 percent. and the price went below $ 54. WTI crude oil lost approx. 3.9 percent. and its price fell below $ 51 per barrel. Oil prices are the lowest since April 2009.
The declines in oil prices was accompanied by a fall in the price of its manufacturers. Exxon Mobil became cheaper by 1.1 per cent., Chevron 1.8 per cent., And Halliburton lost 2 percent. The index of the energy sector lost 2.7 percent.
In December indexes shattered, so the correction should not be surprising.
– The next few weeks will probably be key, as companies begin to publish reports for the fourth quarter – added przedsesyjnym Hunter in the report.
Traditionally, the quarterly earnings season Monday, January 12, Alcoa will begin after the session.
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