
Keywords: market, scholarship, conjuncture, Wall Street.
After the coup of tobacco yesterday, the NYSE should try to regain his senses on Wednesday. The indices should open around equilibrium.
After the panic of the day, the U.S. stock market should regain some calm on Wednesday. The index futures are predicting a slight opening up of the NYSE. The index futures Standard & Poor's 500 and Nasdaq 100 advancing 0.18% to 1174.50 points from 0.11% to 1971.75 points. Tuesday the New York Stock Exchange has fallen heavily. The Dow Jones plunged 2.02% at 10,927 points, registering its biggest drop in three months. The Nasdaq has lost 2.98% closing at 2424 points while the S & P 500 dropped 2.38% to 1174 points.
As in Europe, investors fear a spillover of sovereign debt problems despite denials by the rating agencies and heads of state of countries concerned.
On the foreign exchange market, the euro hit in the early morning a new low against the dollar at 1.2935 dollar. The European Commission plans for Greece a decline of 3% of Gross Domestic Product in 2010 against a decline of only 0.3% expected in November. As regards Spain and Portugal, the Commission has however revised its growth forecasts upward for 2010. She expects a decline of 0.4% -0.8% Spain cons expected in February, and an increase of 0.5% for Portugal against 0.3% estimated in February.
Today on Wall Street, investors will monitor the ADP employment figures in the private sector for the month of April, the ISM index of activity in services, in April, and crude oil stocks weekly . The markets will also follow closely the evolution of the crisis in public finances in Europe.
On the side of values, the media group News Corp. announced a profit of $ 839 million, against 2.7 billion dollars last year.
The group distribution and gas production Chesapeake Energy recorded a profit of 590 million, against a loss of 5.75 billion dollars last year.
Aucun commentaire:
Enregistrer un commentaire