Market news

Show news:


15.02.2019 05:08

Major US stock indexes finished trading mixed

Major US stock indexes finished trading without a single dynamic, as shares of consumer companies and banks fell after disappointing retail sales data raised concerns about retailers' future profits and increased the likelihood of lower interest rates. However, growth in technology stocks and optimism about trade negotiations between China and the United States supported the market.

The Commerce Department reported that retail sales fell 1.2% in December, after rising 0.1% in November. Economists had expected sales to grow by 0.2%, which corresponds to the growth reported in the previous month. An unexpected decline in retail sales occurred, despite a noticeable increase in sales of autos and parts, which grew by 1.0% in December, after rising by 0.7% in November. Excluding the increase in car sales, retail sales fell another -1.8% in December after a steady increase in November. Sales at gas stations contributed to the decline amid falling gasoline prices, which fell by 5.1% in December, after falling by 4.4% in November.

In addition, Fed spokesperson Lael Brainard told CNBC that the December drop in US retail sales caught my attention. “Downside risks to GDP growth have definitely increased,” Brainard said, adding that she should wait some time before making another decision regarding interest rates.

Meanwhile, trade negotiations between representatives of the United States and China continued in Beijing. According to the South China Morning Post, China and the United States said they are far apart in terms of monitoring China’s structural reform actions, but the United States can cancel 10 percent tariffs -

Most of the components of DOW finished trading in the red (17 out of 30). The Coca-Cola Co. shares turned out to be an outsider. (KO, -8.01%). The leader of growth were shares of Cisco Systems Inc. (CSCO; + 2.34%).

Most sectors of the S & P recorded an increase. The health sector grew the most (+ 0.6%). The largest decline was shown by the consumer goods sector (-0.5%).

At the time of closing:

Dow 25,438.58 -104.69 -0.41%

S & P 500 2,745.68  -7.35 -0.27%

Nasdaq 100 7,426.96 +6.58 +0.09%


Keep up with latest Forex market news updates: Currencies, central banks, economic indicators for oil and gold trading – all you need to work effectively on Forex.

Market focus

July 2019
  • 2019
  • 2018
  • 2017
  • 2016
  • 2015
  • 2014
  • 2013
  • 2012
  • 2011
  • 2010
  • 2009
  • 2008
  • 2007
  • 2006
  • 2005
  • 2004
  • 2003
  • 2002
Mon
Tue
Wed
Thu
Fri
Sat
Sun
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31

Forex is open 24 hours a day, 5 days a week (except national holidays), and it can be broken up to the following four regional markets: Australia and Oceania, Asia, Europe, and America. A Forex trading session opens at 23:00 GMT on Sunday in Japan and closes at 22:00 GMT on Friday in the USA.

 
Session Financial Centres UTC/GMT
OpenClose
EET
OpenClose
Local Time
OpenClose
Pacific Wellington 19:00 04:00 22:00 07:00 22:00 07:00
Session Financial Centres UTC/GMT
OpenClose
EET
OpenClose
Local Time
OpenClose
Sydney 21:00 06:00 00:00 09:00 00:00 09:00
Session Financial Centres UTC/GMT
OpenClose
EET
OpenClose
Local Time
OpenClose
Asian Tokyo 23:00 08:00 02:00 11:00 02:00 11:00
Session Financial Centres UTC/GMT
OpenClose
EET
OpenClose
Local Time
OpenClose
Hong Kong, Singapore 00:00 09:00 03:00 12:00 03:00 12:00
Session Financial Centres UTC/GMT
OpenClose
EET
OpenClose
Local Time
OpenClose
European Frankfurt, Zurich, Paris 06:00 15:00 09:00 18:00 9:00 18:00
Session Financial Centres UTC/GMT
OpenClose
EET
OpenClose
Local Time
OpenCloseе
London 07:00 16:00 10:00 19:00 10:00 19:00
Session Financial Centres UTC/GMT
OpenClose
EET
OpenClose
Local Time
OpenClose
American New York 12:00 21:00 15:00 00:00 15:00 00:00
Session Financial Centres UTC/GMT
OpenClose
EET
OpenClose
Local Time
OpenClose
Chicago 13:00 22:00 16:00 01:00 16:00 01:00