قالب وردپرس درنا توس
Home https://server7.kproxy.com/servlet/redirect.srv/sruj/smyrwpoii/p2/ Business https://server7.kproxy.com/servlet/redirect.srv/sruj/smyrwpoii/p2/ Stock prices on stock indices are lost after GDP, which exceeded the expected

Stock prices on stock indices are lost after GDP, which exceeded the expected



US counterparts on Thursday's stock indices cut off a modest decline after fourth-quarter GDP was hotter than expected. Reading came after the stock was under pressure after talks between the day of nukarization between President Donald Trump and North Korean leader Kim Jong Unem broke

How are stock indices going?

YMH9, -0.09%

26009 trading room, for the S & P 500 index

ESH9, -0.1

8%

was switched off by 3.10 points, or by 0.1%, to 2.792, and the Nasdaq 100

NQH9, -0.32%

decreased by 15.75 points to 7 105.75, which is 0.2% lower.

On Wednesday, Dow

DJIA, -0.28%

decreased by 72.82 points, or 0.3%, to 26,988.16, while the S & P 500 index

SPX, -0.05%

fell by 1.52 points to 2,792.38. Composite Nasdaq Index

COMP, + 0.07%

were maintained up to 5.21 points to 7,554.51.

What affects the market?

The Ministry of Commerce estimates that GDP growth in the fourth quarter showed that the US economy is growing at 2.4%, far exceeding consensus expectations of 1.9%, according to MarketWatch economists. The data showed that growth in 2018 was the strongest since 2015.

An economic report came because investors focused on recent geopolitical tensions.

White House spokeswoman Sarah Sanders told reporters at a press conference that the North American-United States. A nuclear deal can not be reached at the summit in Hanoi between Trump and Yong Un, since an isolated nation has sought to lift more sanctions than the president will allow.

The failure to achieve concrete progress in the elimination of North Korea, which took place just eight months after the first meeting of two leaders in Singapore, failed to achieve specific goals.

However, the president expressed the hope that the pact could be achieved and described North Korea has "tremendous potential".

Political events have come from bad data from China, the index of official managers of country's procurement purchases is shrinking for the third consecutive month.

On Wednesday, US Trade Representative Robert Lighthouse said: March 2, the United States refuses its threat to raise tariffs by up to 25% on the $ 200 billion Chinese goods.

The day before the resurgence of hostility between Pakistan and India over a long-contested region of Kashmir has set global markets leaning lower, after a report that Pakistani troops shot down two Indian planes entering its airspace and captured an Indian pilot.

What do strategists say?

"Geopolitical tension continues to affect market sentiment, as stock markets in the world are falling lower. This shift in sentiment, caused by yesterday's growing tension between India and Pakistan, has found further strength in the absence of an agreement following the meeting between D. Trump and Kim Jong-un in Hanoi, "said W & W Weert, a technical analyst at ActivTrades .

What data and Fed speakers are at the center of attention
  • Richard Clarida, vice chairman of the Federal Reserve, said that the Fed wants to be "very and very understandable", which does not change its 2% target inflation rate, because it considers ways Better use of these data to inform about the policy of raising rates. The official spoke at the 35th Annual NABE Economic Policy Conference in Washington on "Promoting Global Growth and Internal Economic Security."
  • The president of the Federal Reserve Bank of Atlanta, Rafael Bostique, intends to take part in the Economic and Living Terrain Workgroup. Conference of the Prospects for Banking in 2019 at 8:50
  • The President of the FRP Patrick Harker intends to speak at the economic prospect at 12:15
  • The president of the Federal Reserve System of Dallas, Rob Kaplan, intends to take part at 13.00. in a discussion held by the Real Estate Board in San Antonio
  • Later in the evening, after the closure of the market, the president of Cleveland Loretta Mester at 19.00. and Fed boss Jerome Powell is scheduled to perform at 8:15 pm

In addition, the GDP data, the Department of Labor, determined that the number of American unemployed applicants for unemployment benefits for the week ending 9 February increased by 4,000 to a seasonally adjusted rate of 239,000 Economists surveyed by MarketWatch were expecting 225 thousand

Reading PMI Chicago is expected at 9:45, and the report on vacancies for the fourth quarter is scheduled to be released at 10 am

Horizon Pharma PLC Promotions

HZNP, + 4.60%

increased by 16.75% in trade on pre-markets on Thursday, after the company announced positive results at a late stage in the treatment of active thyroid-eye or TED treatment.

SeaWorld Entertainment Inc. .

SEAS, -0.08%

reported that quarter-loss in the fourth quarter and expected revenues exceeded projections, but per capita income declined. The stock increased by 2.8% in the premarket

Shares HP Inc. .

HPQ, -0.21%

dropped 14% in trade in the pre-party environment on Thursday, after the company reported a decline in market share and profit for its printer supplier. ] J.C. .

JCP, -0.80%

stock fell 19% before the bell rally on Thursday, after the retailer received Wall Street earnings and earnings estimates for the fourth quarter, and announced closure 18 8 stores and 9 auxiliary houses and furniture stores. Parts Celgene Corp. .

CELG, + 1.43%

are in focus, after BMY, + 1.59%

the largest shareholder announced his opposition to the planned acquisition of Bristol Celgene. Shares fell by 8.5% in trade on pre-markets.

L Brands Inc. .

LB, -0.29%

stock fell 6.2% in the trade after a working day after the Victoria & # 39; s Secretary announced its quarterly profits on Wednesday that did not justify expectations

Asian markets closed mostly on Thursday, with Nikkei 225

NIK, -0.79%

and Shanghai Composite Index

SHCOMP, -0.44%

both finish the day down.

European shares were also retreated on Thursday; Stoxx 600

SXXP, -0.25%

decreased by 0.3%

In commodity markets, crude oil

CLJ9, + 0.07%

dropped below, and the price of gold

GCJ9, + 0.08%

. Meanwhile, the dollar value

DXY, -0.03%

dropped relative to their counterparts

Providing critical information for the United States trading day. Subscribe to the free MarketWatch newsletter. Register here.


Source link