Futures on US stock indices drop in anticipation of the news from the fed

Futures on US stock indices drop in anticipation of the news from the fed


The meeting of the Federal reserve passes in the U.S. on October 27-28. As of 15.58 GMT, futures on the index of wide market S&P 500 dropped 0.24% to 2057,25 points, futures on the DJIA index by 0.25% to 17488 points.

MOSCOW, 27 Jan. Futures on U.S. stock indices are falling Monday pending the outcome of the next fed meeting, as well as internal corporate news, according to AFP.

As of 15.58 GMT, futures on the index of wide market S&P 500 dropped 0.24% to 2057,25 points, futures on the DJIA index by 0.25% to 17488 points, the index futures NASDAQ high-tech companies — 0.10% to 4611,75 item.

The next fed meeting takes place on October 27-28. Analysts believe that the regulator will keep the base rate at its lowest level and will postpone tightening monetary policy until 2016.

The investors ‘ sentiments also influence news U.S. companies. Net profit of American pharmaceutical giant Merck&Co on US GAAP for 9 months has decreased by 25% and amounted to 3,465 billion. Sales volume decreased by 8% to 29,28 bln. In the third quarter of 2015 profits doubled compared with the same period of 2014 and amounted to 1.83 billion dollars. Sales volume decreased by 5% to 10,07 billion.

Profit is one of the largest chemical companies in the world — American DuPont — in the first 9 months decreased by 24%, to $ 2.2 billion. The company’s revenue decreased by 13% to 20,383 billion. In the third quarter profit fell 46% to 235 million dollars in revenue by 21% to 4,97 billion.