THE WALL STREET IS SATISFIED
(Reuters) – The New York Stock Exchange ended Wednesday, the fifth downgrade session for the leading Standard & Poor's 500, punishable by a fall in financial stakes against the will of the new Democratic House of Democrats (DPA).
The Dow Jones index lost 205.99 points, or 0.81%, to 25,080.50.
The broader S & P-500, which gained 0.9% in the first few days, fell by 20.6 points or 0.76% to 2,701.58, which fell to 4% in the last five sessions.
Composite's dropped by 64.48 points, or 0.9% to 7,136.39.
Nasad also has five real falls and Dov Jones four.
The trading session on Wednesday started with a positive note, thanks to an increase in oil prices and the latest US inflation rates, but the trend is centered on the medium turnover, given the recovery.
"The cocktail of uncertainty about global growth and international trade issues has caused speculators to push the brakes," said Chad Morganlander, Senior Manager of the Washington Crossing Advisor.
The CBOE volatility index, the indicator of short-term instability of US stocks, reached the highest level in two weeks to 22.36.
The S & P Financials index fell 1.38 percent after Democrat Makina Waters, the favored chairman of the House Banking Committee, ruled out any easing of regulation in the sector towards the CNBC television channel.
Goldman Sachs lost 1.25%, JPMorgan Chase 2.06% and Travelers insurer 2.97%, the biggest drop in Dov.
Apple dropped 2.83%, the fifth consecutive decline, as the group could not overcome the distrust caused by warnings about the profits of several of its suppliers. At the end of the day, the title was less than 20% of his record of 3 October.
"Apple is really launching technology issues and" FAANG. "" Many investors have based their hopes on the rise of Apple, and this does not happen, "said Kim Forrest, a senior analyst at Fort Pit Capital.
Compared with Apple, the high Standard & Poor's index fell 1.29%, Microsoft 1.42% and Adobe 1.47%.
The most spectacular fall of the day, however, was for PG & E, which lost 21.79%. The group warned that earthquakes in California, one of its largest markets, would lead to "significant losses" that exceed the amounts covered by its insurers if it turned out that some of its buildings were originating in a fire.
INDICATORS OF THE DAY
Consumer prices in the United States recorded the highest increase in nine months in October, 0.3% in one month and 2.5% in one year, especially fueled with gasoline and leasing, but statistics reflected a steady rise in inflation, to which Federal reserves rely on a gradual increase in interest rates.
On the currency market, that day took place with sometimes contradictory information about Brekit. London's announcement on the green light of the main ministers of the government, Therese Mai, to approve the draft agreement with Brussels, whose content was then presented, allowed the day to end in an increase of about 0.2% against the dollar and 0.1% to the euro.
The single currency also strengthened against US debt: more than $ 1.13 at the time of Wall Street closure, it showed a recovery of more than 0.8% compared to a weak record of 17 months hit Tuesday at 1.1214.
The dollar fell 0.26% against the basket of reference currencies, without real surprises in consumer prices in the United States that confirm the slower inflation scenario. .
As in the capital market, the trend is overturned during a US government bond issue session, yields are returning to a decline in Volstrit's nervousness.
Positively at the beginning of the day, partly due to consumer price data, the yield for ten years and two years in the afternoon's days has affected the lowest level in two weeks.
They were released at closing at 3,117% and 2,862% respectively. Ten years were adopted at a session below 3.1%.
Oil prices have recaptured some of the countries that lost in previous sessions due to the prospect of reducing production output of OPEC and its allies.
Reuters has announced that the Organization of Oil Exporting Countries (OPEC) and its allies discussed the possibility of reducing total production to 1.4 million barrels per day, a larger figure than it has been mentioned so far.
The December deal on American Lightweight Orphanage (VTI), which linked 12 consecutive declining sessions and on Tuesday to the lowest level since November 2017, ended up gaining 56 cents or 1.01% to $ 56.25 barrel.
The January deadline for Brent was 65 cents (+ 0.99%) to $ 66.23.
SESSION IN EUROPE
The main European stock market ended in a redundant session in the context of economic and political uncertainty.
CAC 40 lost 0.65% to 5,068.85 points after touching, to 5.026.22, the lowest level since October 30th. The British Footsie gave 0.28%, while German Dax dropped 0.52%.
The Milan Stock Exchange lost 0.78% in relation to the confrontation between Rome and Brussels due to the fiscal policy of the Italian government, the context that strives for banking actions.
The EuroStokk 50 index fell by 0.6%, FTSEurofirst 300 0.65% and Stokk 600 0.6%.
The key resource sector (-1.65%) was most affected by the general decline after declaring less sustainable growth than expected retail in China.
At the foot, Iliad shone, gaining 9.64% after quarterly results.
SEE THE FOURTH QUARTER:
In Europe, the upcoming session should be animated with the latest events in the key issue of Brekit and the Italian budget.
On Vall Street, a series of economic indicators and quarterly results of Valmart, the world's largest retailer, will also be featured.
(Marc Angrand, April Joiner and Sruthi Shankar)