The dow is now negative for the year. Its accelerated throughout the day and the major averages closed at the lows of the session. All 40 dow stocks finished in the red yesterday. 97 of the s p 500 and 96 of the nasdaq closed lower. All ten of the sectors were down at least 6 . Heavy volume throughout this. We saw 4. 3 billion sharls that were traded on the nyse. More than a billion more than the average. And as for volatility, take a look at the vision. Youre going to see right now that the vision is up about 27 . 16, almost to 17 at this point after these incredibly low volatility rates. We knew that when things changed, they would change in a hurry. Yesterdays selloff means that the dow and the s p had their first monthly decline since january. The dow and the s p dropped nearly 2 in month of july and it doesnt end there, folks. If you take a look at the futures this morning, youll see there are more red arrows. The dow is now indicated to open down by triple digits. A decline of 11
Forecast of 107. 3. The expectations, again, was also better, the consensus was about 104, came in at 106. 3. Euros back up to the best levels of the session against the dollar on the back at 1. 1. 3519. Bund futures also extending losses after that data as well. While we listen in on mr. Draghi, Quick Reaction on that from ricardo. Weve seen germany outpacing the rest of europe. Still continuing. Yes, looks like things are picking up a bit. We saw it yesterday from the pmi as well. Both manufacturing and services. It will be interesting to see if there is their Service Sector survey improved in november. I think it did improve in november. So, we have much better conditions, and that actually supports my own expectation, which is that germany will see a Significant Growth pickup in the next few years. Im forecasting 1. 7 growth from next year, 2. 5 for 2015. Mr. Draghi is making point we have to set Monetary Policy for the full year. And the next two components of that, france, the ec
EMEA Morning Briefing: Stocks May Rise; Fed, -2- morningstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from morningstar.com Daily Mail and Mail on Sunday newspapers.
Write to singaporeeditors@dowjones.com Expected Major Events for Monday 04:30/NED: Apr Producer confidence survey 06:00/SWE: 1Q Flash GDP 06:00/SWE: Mar Retail sales 07:00/SVK:.
Wild swings in Magnificent Seven stocks are once again acting as a driver of volatility across U.S. equities. Investors could face more turbulence this week as the Federal Reserve takes center. -April 29, 2024 at 06:23 am EDT
- MarketScreener