MeritKapital News

The Wall Street is in the red again, significant sales took place in the high-tech sector, under pressure shares of commodity companies. The day before, investment banks GS, MS, BofA in their comments lowered their expectations regarding the prospects of the world’s leading economies, indicating worsening situation in the labor market. Risk-off sentiment is dominating,…

The recent positive on the Wall Street from the expected reduction of Fed’s rate hike has been levelled. A certain role in yesterday’s decline in markets was played by the numbers on the ISM index in the service sector (56.5 vs 54.4), indicating an increase in consumption, and this may once again contribute to the…

On Friday Wall Street closed in red on a strong report on the US labor market, which may give rise to a tightening of the Fed’s rhetoric. The Dow Jones added 0.1% to 34,429.88, the S&P 500 fell 0.12% to 4,071.70 level while Nasdaq lost 0.18% to 11,461.50. Last week saw the S&P 500, Nasdaq…

Moderate decline observed on the Wall Street at the beginning of the month after the previous confident sessions. Some pessimism was also due to weak data on the ISM PMI index in November, which dropped to 49 points after 50.2 in October. The Dow Jones dropped 0.56% to 34,396.53 points, pulled lower by Salesforce, the…

Confident positive reigns on the markets, on the eve of J. Powell confirmed the early statements of many heads of the FED that the time to slow down the pace of the rate hike may come already at the December meeting, and the regulator does not intend to” overdo it with tightening …”. About 70%…

Modest dynamics observed Tuesday on the Wall Street, techs giants traded weaker. Investors are waiting for today’s speech by J. Powell, where additional nuances of the ongoing monetary policy may be announced. Dow Jones added 0.01% to 33,852.53 points, the S&P 500 declined 0.16% to end the session at 3,957.63 points, while the Nasdaq Composite…

U.S. markets finished Friday session higher as investors focused on FOMC members speeches about less hawkish monetary policy on this year. Dow Jones added 153 points or 0.5% to 34,347, the S&P 500 finished little changed and the NASDAQ Composite fell 59 points or 0.5% to 11,226.4. For the week, the Dow added 1.8%, the…

U.S markets didn’t trade yesterday due to thanksgiving holiday and today’s session on Wall Street will be shortened. At this morning Dow Jones Futures were up 0.15% to 34.264 level, S&P 500 Futures rose 0.1% to 4,038 while and Nasdaq 100 Futures added 0.25% to 11,866 level. The DXY index which measures the greenback against…

US equities accelerated to the upside to finish solidly higher yesterday amid a slew of data before closing for the Thanksgiving holiday break today. Dow Jones increased 0.3% to 34,194, the S&P 500 was up 0.6% to 4,027 and Nasdaq advanced 1% to 11,285. The move upward came following the release of the minutes from…

Positive sentiments were observed yesterday on the markets, Wall Street added more than 1 percent. Optimism was caused by the statements of the Head of the Cleveland’s Fed Loretta Mester about the possible need for a more moderate pace of monetary tightening, including at the upcoming December meeting. The Dow Jones added 397.82 points, or…