According to trading, the Dow Jones index was down to 17714,7 item; high-tech NASDAQ – to 5072,9 item; the index of wide market S&P 500 up 2077,77 item.
MOSCOW, 10 Nov. U.S. stocks were lower in the first minutes of trading on Tuesday in anticipation of the first with the 2006 base rate increase by the fed in December, according to data exchanges.
As at 17.37 GMT industrial index Dow Jones has gone down on 0,16% — to 17714,7 item; high-tech NASDAQ — on 0,44%, to 5072,9 item; the index of wide market S&P 500 by 0.04% to 2077,77 item.
Investors continue to react to the possibility of increasing the base rate in the U.S. with the lowest level in December. This probability increased sharply after the latest data on unemployment in the country which were better than analysts ‘ forecasts.
Market participants also drew attention to the statistics published before the opening of the exchanges Tuesday. In particular, import prices in the U.S. in October fell by 0.5% month-on-month and 10.5% — in annual. Analysts speculated that the price will be reduced by 0.1% month-on-month and 9.4% compared to October last year.
“Markets are undergoing consolidation, which may take several days. After that can come the rally, typical for the end of the year. Friday’s data confirmed the possibility of the fed rate hike in December, so now investors everywhere act out this term,” said Bloomberg stock Manager at MPPM EK Guillermo a Hernandez Samper (Guillermo Hernandez Sampere).