dow2664
Negocioenlinea
The major market index composites in the U.S. were pushed lower early during yesterday’s trading session and were never able to recover. News of the earthquake in Japan, and the potential consequential tsunami, sent waves of fear and anxiety through the ranks of investors all over the world. The Dow Jones ended the last session in the red along with the Nasdaq and S&P 500. Ultimately, the indices ended in the red across the board to finish Thursday’s trading session in the U.S. World developments, such as the crisis in Japan, the conflicts in the Middle East and the record highs posting for oil are applying negative pressure to stocks and weighing heavily on the minds of investors. Uncertainty is a common word used to refer to potential market outcomes and thus trending right now is hard to predict. Precious metals are prospering in this environment due to their safe haven security. Home based economic reports posting yesterday were skewed positive as the number of people completing first time applications for unemployment benefits lowered once again in the U.S. On the docket for today, the Commerce Department will post wholesale inventory data for February to end the trading week. Economists are anticipating that this report will post a moderate increase over the wholesale inventory report data from January. Author: Frank Matto
No comments:
Post a Comment