THE STORD Y BALL ORDER IN THE ROOM
(Reuters) – New York Stock Exchange ended on Wednesday, fifth fifth decline in Standard & Poor's leading 500, punished by the decline in financial stocks against the Democratic Democrats' will New representatives to direct banking regulations.
The Dow Jones index lost 205.99 points, or 0.81%, to 25.080.50.
The wider S & P-500, which earned 0.9% in early crafts, dropped 20.6 points, or 0.76%, to 2,701.58, dropping to 4% of the last five sessions.
Nasdaq Composition rejected 64.48 points, or 0.9%, to 7.136.39.
Nasdaq now has five discounts straight and the four are in Dow Jones.
Mercury's trading session had started on a positive note, thanks to the reaction in the oil prices and the latest inflation figures in the United States, but the trend was reversed at the middle of trading, as a notice was recovered .
"Cocktail of uncertainty about global growth and international trade issues has triggered speculators to press the breaches," said Chad Morganlander, senior manager of Washington Crossing Consultants.
The CBOE volatility index, an indicator of US equivalent short-term instability, has reached its highest level in two weeks at 22.36.
The S & P Finance Index fell by 1.38% after Democratic Representative Maxine Waters, who is the favorable chairman of the House Banking Committee, discloses any regulatory deficit in the sector according to the CNBC television channel.
Goldman Sachs lost 1.25%, JPMorgan Chase 2.06% and Travelers 2.97% insurance, the biggest decline in the Dow.
Apple fell 2.83%, its fifth consecutive decline, as the group seemed to fail to reverse the disorder that was triggered by a number of supplier's profit notices. At the bottom of the day, the title had dropped more than 20% of its 3 October record.
"Apple really raises questions about technology and" "FAANG & # 39 ;." Many investors have based their hopes on Apple's progress and it does not happen, "said Kim Forrest, senior analyst at Fort Pitt Capital Group.
As a result of Apple, Standard & Poor high-tech index index 1.29%, Microsoft 1.42% and Adobe 1.47%.
However, the most spectacular reduction of the day for the electricity company PG and E, which lost 21.79%. The group warned that the persistent fires in California, one of the largest markets, could lead to "significant losses" more than the amounts covered by its insurers if it turned out that some of & # 39; to facilities on the origin of the fire.
INDICATORS OF THE DAY
In October, consumer prices in the United States recorded their largest increase in nine months, 0.3% over a month and 2.5% over a year, specially driven by gasoline and rents, but there are & # 39; The statistics reflect constant persistent increase in inflation, which depends on the Federal Reserve to raise interest rates gradually.
In the currency market, the day revealed the information inconsistent on the Brexit. The London announcement of Theresa May's prime minister's green light to approve the draft agreement with Brussels, whose contents are disclosed, allow the sterling pound to end the day by an increase of approximately 0.2% by dollar and 0.1% against the euro.
The single currency has also won land against the green: more than $ 1.13 at the time of closing Wall Street, it showed that it would be more than 0.8% compared to almost 17 months hit March at 1.1214.
The dollar dropped 0.26% against a basket of currency, with no real unexpected in US consumer prices confirming the situation of slow inflation increase. .
As in the equity market, the trend was reversed during the session on the US government bond market, and yields back to the decline against Wall Street's nervousness.
Positive at the beginning of the day, thanks in part to consumer price data, the product over the ten years and two years has reached the lowest level within two weeks in the afternoon.
I've posted closed at 3.117% and 2.862% respectively. The ten years are passed in a session below 3.1%.
Recover oil prices of some of the land lost on previous sessions, thanks to the possibility of reducing the output of OPEC production and to allies.
Reuters reported that the Institute of Petroleum Exporting Countries (OPEC) and allies discussed the possibility of a reduction in their overall production of up to 1.4 million barrels per day, a figure more than what has been mentioned so far .
The December agreement on the lightweight United States (West Texas Intermediate, WTI), which has tied 12 consecutive sessions of decline and has reached its lowest level since November 2017, which ended at winning 56 cents, or 1.01% , at $ 56.25 a bargain.
The January deadline on Brent took 65 cents (+ 0.99%) to 66.23 dollars.
THE SESSION IN EUROPE
The main European stock markets have ended in the red session uncertain, against a backdrop of economic and political uncertainty.
The CAC lost 40 0.65% to 5.068.85 points after touching, at 5.026.22, its lowest level since October 30. The British Footsie produced 0.28% and a 0.52% reduction in Germany Dax.
0.78% of the Milan Stock Exchange lost against the background of conflicts between Rome and Brussels over the Italian government's fiscal policy, a context that pressed on banking stocks.
The EuroStoxx index dropped 50 0.6%, the FTSEurofirst 300 0.65% and the Stoxx 600 0.6%.
The core resource sector (-1.65%) was the largest general downturn after publishing the less continuous growth than expected retail sales in China.
On the up side, Iliad said, winning 9.64% as a result of its quarterly results.
RESEARCH RATES TO THURSDAY:
In Europe, the upcoming session should be animated by the latest developments in the key issue of the Brexit and Italian budget.
On Wall Street, it is marked by a series of economic indicators and quarterly results of Walmart, the world's biggest retailer.
(Marc Angrand, with April Joyner and Shankar Sruthi)