In morning trading the blue-chip Dow Jones Industrial Average fall from record 0,34%
Stock exchanges in the United States opened with declines session on Tuesday after the publication of the the weak data on Chinese imports, reported CNBC. In addition, investors are cautious ahead of the corporate reporting season.
Chinese imports shrank for the 11th consecutive month, official data shows by Customs. The decrease is the 17% on an annual basis, that is another signal, that investors are still concerned about the problems facing the second-largest world economy.
In the morning trade the index of blue-chip Dow Jones Industrial Average the record decline of 58 points, or 0,34%, to 17 075 points, like most sank United Technologies, (a) UnitedHealth It was among the companies with the best performance.
The wide S&P 500 reported a decline of 6 points (0,31%) to 2011 points, as industrial companies most of natežaha index, and technological Nasdaq drop by 13 points (0,27%) to 4825 points.
Bond market open Tuesday after Columbus Day, which is a public holiday in the United States. The yield on 10-year government bonds recorded a slight decrease to 2,07%, While the two-year securities – 0,63%.
The dollar also record a slight decrease, as one euro was traded for 1,13 bucks, (a) the rate of the yen was 119,77 Yen for a dollar.
Crude oil futures WTI with American shipping November became cheaper with 13 cents to 46,97 dollars a barrel on the Exchange New York Mercantile Exchange. Benčmarkoviât Brent crude also fell slightly to just over 50 dollars per barrel. Gold Futures recorded a decrease of 2,20 dollars to 1 162,30 dollars an ounce.
After the close of today's trading accounts are expected to Intel and JP Morgan Chase.
The forecasts of the consultants from S&P Capital IQ are, that the growth of profits of companies from among the S&P 500 will be delayed by 5,3% in the third quarter, What would be the first dropfor the quarter in six years. And yet, excluding energy companies, the growth of profits in S&P 500 It is expected to be 2,7%.
Meanwhile, the International Energy Agency Classifieds on Tuesday, that growth in global demand for oil will slow in the 2016 (d). to 1,2 million barrels per day from 1,8 million in 2015 (d).
The Fed Chairman about St. Louis James Bullard said, the u.s. Central Bank is practically reached their targets for the labour market and inflation. His statement read as a signal, It's time for rising interest rates, commented on CNBC. Bullard will have the right to vote in the Federal open market Committee in January.
*The data is current to 17:30 hours CET