- Home
- >
- Daily Accents
- >
- Stock markets in the USA with negative end today, except for the NASDAQ
Stock markets in the USA with negative end today, except for the NASDAQ
Rating:
Loading...American stock markets closed slightly lower today for the DJIA and the S&P 500 today, as for the NASDAQ its traded higher. This situation is quite familiar, as the tech sector is raising again, despite the other industries. Fundamentally the economy continue to expand slowly, but there are indicators that signal possible negative business activity. The expectations from the corporate financial reports are positive, as the 6 out of 11 sectors in the S&P 500 have reported better than expected. Transportation sector is again with the worst fall and some analyst pay close attention to that sector, as it plays a role as a barometer for the economy. The markets are also expecting FOMC rate decision on Wednesday.
DJIA: -66.90 points/ -0.31% - 21,513.17
S&P: -2.63 points/ -0.11% - 2,469.91
NASDAQ: 23.05 points/ 0.36% - 6,410.81
RUSS 2000: 2.74 points/ 0.19% - 1,438.58
VIX: 9.37
Alphabet's financial report is better than expected with EPS $5.01 vs. $4.45, Доходност от 3.09 Млрд.
In the S&P higher trader the Financial and tech sector and lower traded Utilities and the trasporation sectors.
DJ, closed lower with Johnson&Johnson contributing with the highest loss.
The price of Oil reached higher at $46.40 per barrel in part due to the lower USD. Some analysts think that commodity will go higher yet but the price will stayed contained below $60. The USD did not participate today, as it was sideways trade. Our expectations remain bearish for the greenback. The Euro fell slightly as it consolidated, however its still possible that the EUR/USD pair will try to reached the area around 1.1714 - 1.1790, before we can see a bigger pullback.
Source of the graph: Bloomberg Pro Terminal
Trader - S. Fuchedzhiev
Varchev Traders Read more:
If you think, we can improve that section,
please comment. Your oppinion is imortant for us.
