Sunday , January 17 2021

POINT MARKETS-Wall Street limits a bounce before Thanksgiving (updated) – 21/11/2018 23:22:21



    (Updated with quote about Apple, other markets)
* The Dow finishes stable, the S & P 500 earns 0.30%, the Nasdaq
0.92%
* Fence near the lowest day
Reward of energy and techniques but Apple remains in
withdrawal
Energy at the top of the main S & P 500 sector rates
* Footlocker, Gap gives an impulse to the cast
* Reflection of long-term taxes and the dollar, petroleum
*

November 21 (Reuters) - The New York Stock Exchange resumed
A few colors Wednesday before the eve of the Celebration of Thanksgiving,
Taking advantage of a bounce in technology supplies and energy
however, he was rash at the end of the session due to lack of support
Apple.
Index of Dow Jones. DJI, which has won up to 204 points
soon afternoon after two days of acute decline,
Finally it fell 0.95 points (0%) to 24,446.69.
The S & P-500 .SPX, broader, kept an advance of 8.04
points or 0.30% to 2.649.93, almost ending almost
low level of the day after ascent to 2,670.
The Nasdaq Composed .IXIC returned 63.43 points (0.92%) a
6,972.25 after having touched the 7,030 points in session.
Nasdaq closed the day before at its lowest level
since early April while the S & P and the Dow Jones were released
their income of the year.
Cheap purchases have been encouraged by a
Information from the MNI financial news agency that
the Federal Reserve could pause in its cycle
higher rates as early as the next spring.
"This is the kind of information that has implications
significant in the market during a day of low activity ",
You see Chad Morganlander, portfolio administrator at
Washington Crossing Advisors in Florham Park (New Jersey).
Low volumes - 6.47 billion shares
exchanged for an average of 8.49 billion since 20
past sessions - could have contributed to the waste at the end
session, linked to automatic orders, which in particular
Apple's private rescue.
"It's ugly to finish (the session) like that."
Look at Apple because it was one of our sources
difficulties. The title opened a good note and everything
losing how it means we have not finished, "he observes
Michael Antonelli, Head of Institutional Sales at
Robert W. Baird in Milwaukee.
Wall Street will close on Thursday and only open one
half-sixth Friday.

VALUES
Amazon.com AMZN.O resumed 1.42%, Facebook FB.O
It was awarded 1.75% and GOOGL.O Alphabet 1.26%, but Apple
AAPL.O ended 0.05% at 176.78 dollars after being
mounted up to 180.27.
The index of "FANG" .NYFANG, who collects these great ones
capitalization, suddenly limited its bounce to 0.51%.
S & P 500 Sector Index High Tech .SPLRCT
recovered 0.62% after three sessions in the red, also helped
from the Autodesk ADSK automated publishing house, which jumped
9.74% after the publication of better quarterly results
than expected
Distribution, subfused by sad results on Tuesday,
raised his head with the well-received Handbooks
Locker FL.N (+ 14.91%) and Gap GPS.N (+ 4.66%). Nike NKE.N,
Foot Locker provider, took 1.76% and the sector index
S & P .SPXRT recovered 1.09% after eight sessions of decline.
The S & P 500 Consumer Discretionary Index
.SPLRCD also earned 1.00%.
Seven of the 11 major S & P-500 sector rates ended
Above, the best performance being for the values ​​of
.SPNY-energy (+ 1.58%), accelerated by the highlight in prices
Oil after their fall the previous day. At the back of the package, the
Utility .SPLRCU sold 1.48%, punished
through their defensive profile.

Indicators of the day
New orders for industrial equipment
Defense and aeronautics remained stable in the United States
In October and their sales picked up just a little, according to
the Department of Commerce, development that could be delivered
in question the scenario of acceleration of investment
companies in the fourth quarter.
Also worse than expected,
Unemployment rose around 3,000 last week to reach
end of June ends at 224,000. This development is not
However, the lower tendency to tension
labor market.
The consumer reliable rate calculated by
The Michigan University dropped to 97.5 in November after 98.6
in October, under a first rating that gave it to
98.3.
On the real estate market side, home reserves
slightly increased in October after six months of decline,
That does not prevent the NAR, the main federation of agents
Real estate, to request the Federal Reserve
to interrupt the growth of interest rates.

tax
US government bonds have taken place down
reaction to the statistics of durable goods and orders
MNI information on possible interruption of increases
Final rating at the beginning of spring.
"This has taken the short market because if speeds are rated
Stop, there will be much less pressure on the tariffs
"says Tom di Galoma at Seaport Global Holdings in
New York.
In general, the current slowdown in the
Global growth reinforces the idea that the Fed can not
It harms its policy much more without weakening the economy
The United States. Economists think that the speed
coin normalization could slow down in 2019, as it has
showed Reuters an investigation on Tuesday.
Treasures at 10 years yield US10YT = RR fell
at 3.066 against 3.048% the day before, also reflecting lower
Attracting the bonds with the return of the appetite for the
risk.

EXCHANGE
A renewed appetite for a risky activity also punished
the dollar, especially as the euro thanked the hope
settlement of the Italian budget file.
Although it was part of the delay at the end of
session, the .DXY dollar index, which measures the value of the
green against a basket of six other reference currencies, yielded
0.1%. Euro = EUR, the largest component of the index has
increased by 0.1% despite the rejection of the budget project
From the European Commission, a decision that opens the
way to the opening of sanctioning procedure.
"Even if Italy is planning a deficit procedure
too much, it will take several weeks to get there and
Italy will have several months to respond to reserves
done by the European Union, "says Nick Bennenbroek,
merchant of Wells Fargo in New York City. "And finally by
Know that there will be no financial punishment
demanded. "
Despite the Italian risk, the euro estimated six of them
last seven sessions

THE SESSION IN EUROPE
European salad markets have previously given the signal
From the highlight, Investors taking back more activities
risky and apparently unconscious about Brussels's unknown election
to reinforce the tone against Rome in its 2019 budget project.
In Paris, the CAC 40. FCHI finished 1.03%
4.975.5 points. The British FTSE Footsie took 1.47% and
the German Dax .GDAXI 1.61%.
The Milan Stock Exchange .FTMIB earned 1.41% after letters
Assured by the Italian Advisory Chair Giuseppe
Conte, who expressed anxiety about the development of the gap
performance between links of Italian and German governments,
adding that the government would respond by reforms.

EuroStoxx 50 .STOXX50E rate progressed by 1.21%, la
FTSEurofirst 300 .FTEU3 of 1.16% and the Stoxx 600. STOXX of
1.14%. .EUFR
The car sector. XAP has signed the biggest growth
sector in Europe with a gain of 2.16%, in which
Renault RENA.PA (+ 1.10%) after its fall on Monday and Tuesday.

REDUCTIONS FOR THE TURES:
In the absence of US investors, news
Financial markets will be driven by indicators in Japan and
in the euro zone, where we are also waiting for the report at 12:30 GMT
of the last monetary meeting of the Central Bank
European.

(with Caroline Valetkevitch in New York and Medha Singh in
Bangalore, Véronique Tison for a French service)
 
 


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