The Dow Jones industrial average fell 0.29% to 17081,89 point, high-tech NASDAQ – 0.87% to 4796,61 points, the index of wide market S&P 500 by 0.68% to 2003,69 item.
MOSCOW, 13 Oct. U.S. stocks finished Tuesday lower on the weak statistics of China’s imports, according to data exchanges.
The Dow Jones industrial average fell 0.29% to 17081,89 point, high-tech NASDAQ — 0.87% to 4796,61 points, the index of wide market S&P 500 by 0.68% to 2003,69 item.
On Tuesday it became known that exports in September declined by 3.7% and imports fell by 20.4% in annual terms. As a result, the trade surplus of the country last month was 60,34 billion. Analysts have predicted the decline of Chinese exports by 6.3%, import — by 15%, and predicted trade surplus at the level 46,79 billion.
Investors also await reports from JPMorgan and Intel, after the close of trading on Tuesday. Later will release the financial results of companies like Goldman Sachs, Bank of America and General Electric.
“We had a very, very strong growth in the first ten days of October. Expectations for the profits relatively low. Expectations for economic data around the world is also reduced. Probably some indecisiveness here,” said senior partner at Penn Capital Eric green (Eric Green), as quoted by Bloomberg.