DOCX

Oil prices hit a seven-year low stocks fell

By Lillian Hudson,2015-09-10 12:07
17 views 0
Oil prices hit a seven-year low stocks fell

    Oil prices hit a seven-year low stocks fell

    On Thursdayon the 18th in the morning, U.S. stocks fell.U.S. crude oil fell below $35 a lowest close in nearly seven years, the pressure on energy and raw material plate.

    Eastern time on December 17, 16:00 05:00 on December 18, (Beijing time),The dow Jones(17128.55, 367.29, 2.10%) industrial average fell 253.25 points, to 17495.84 points, or 1.43%.The standard & poor's 500 index fell 31.18 points, to 2041.89 points, or 1.50%.The nasdaq(4923.08, 79.47, 1.59%) composite index fell 68.58 points, to 5002.55 points, or 1.35%.

    U.S. stocks opened higher on Thursday, but as the U.S. oil prices fell below $35 a barrel, U.S. stocks turned down gradually.

    The federal reserve to raise interest rates on Wednesday 25 basis points, at the same time passed the future path of interest rates will be relatively mild doves.Federal reserve chairman, Janet Yellen - (Janet Yellen) emphasis will continue to focus on economic growth and inflation.The federal reserve to raise interest rates for the first time in nearly 10 years, investors see it as a central bank[microblogging]Cast a vote of confidence for the U.S. economy.

    , analysts said the fed would improve benchmark interest rate by a quarter point marks the ultra-low interest rates monetary policy in financial markets the end of the period of history.The United States, the worst economic downturn since the great depression took the policy of ultra-low interest rates.

    AJ Bell company investment director at drawing - mulder (Russ Mould), said: "the federal reserve decided to completely in line with market expectations, the market clearly has' finally increases the feeling of relief."

    Mulder said: "in the context of the global economy remains weak interest rates might be a little risk, the most but the fed's move is to cast a vote of confidence for the U.S. economy, is obviously influenced by the domestic consumer spending growth, the employment data of positive incentives, such as strong."The federal reserve announced on Wednesday afternoon after raising interest rates, the three major indexes rose sharply.

    ITG sales department manager Brian, g (Brian Fenske) said: "today's trading volume slightly enlarged, people hope to deal with their positions before the holiday."

    Mr Tusk, points out that on Thursday after U.S. stocks appeared in a small correction, belongs to the normal phenomenon.He said: "now as everyone expected the fed raising interest rates, investors to return to the market, according to the fundamentals of individual stocks traded."

    Economic data on Thursday, the labor department announced that the number of initial claims for unemployment benefits last week the United States less than expected, according to the Labour market remains strong.

    Labor department on Thursday, according to data released by the number of initial claims for unemployment benefits for the week ending on December 12,

    11000 to 11000, a bloomberg survey of economists had predicted value is 275000.Last week when the government survey companies and households to compute during the employment and unemployment data in December.

    A separate data show that the United States in the third quarter of the current account deficit rose 11.7%, to $124.1 billion.

    The Philadelphia fed announced on Thursday, the Philadelphia area manufacturing index fell to 5.9 in December, for the third time in the past four months to negative.The average forecast of economists surveyed by MarketWatch the index of 1.The index is higher than 0 means improvements in manufacturing.

    American manufacturing is generally by a stronger dollar, falling overseas demand and the factors of crude oil futures prices fell.The Philadelphia fed's manufacturing index, the new orders index still negative, down 6 points, down to 9.5.But companies reported rise in shipments, the shipping index rose 6 points, to 3.7%.

    The leading economic indicators index climbed 0.4% in November, rose to 124.6.

    No fed officials talk schedule on Thursday.Richmond fed President Jeffrey Lacker - (Jeffrey Lacker) will deliver a speech on Friday.

    Stocks news, KaloBios Pharmaceuticals (KBIO) suspended from trading, will release the nasdaq[microblogging]Require the company to disclose the information.Suspended from trading until the stock has tumbled 50%.

    oracle(36.35, 0.58, 1.57%) (former) attention, the software company announced on Wednesday after the close of trading profits more than expected.

    Household goods retailer Pier 1 Imports (PIR) shares tumbled, the company after the close on Wednesday cut its full-year earnings guidance.

    fedex(147.15, 4.69, 3.09%) (FDX), the company declared a

    stronger-than-expected quarterly earnings on Wednesday.

    General mills (GIS) shares fell, the food company's earnings and sales income are below market expectations.

    Other markets, the dollar continued to rise,ice(244.58, 3.79, 1.52%) (ICE) (against) the dollar index rose 1.1%.

    The dollar put pressure on commodities, metals and oil prices sharply lower.By the federal reserve to raise interest rates on news, stock markets rose in Asia and Europe on Thursday.

    In February the New York mercantile exchange for delivery of gold futures prices fell $27.20, or 2.5%, to $1049.60 an ounce, as the lowest closing price since October 2009.January delivery crude oil futures prices fell 57 cents, or 1.6%, to settle at $34.95 a barrel.This is the first time since February 2009, the main oil futures closed at below $35 a barrel.

    The number of initial claims for unemployment benefits fell more than expected last week

    Initial claims for unemployment benefits last week the number of americans than expected, according to the Labour market remains strong.Labor department on Thursday, according to data released by the number of initial claims for

    unemployment benefits for the week ending on December 12, 11000 to 11000, a bloomberg survey of economists had predicted value is 275000.Last week when the government survey companies and households to compute during the employment and unemployment data in December.

    Since the beginning of march, the number of initial claims for unemployment benefits have been less than 300000, economists believe that this level is often consistent with the improvement of the job market.A bloomberg survey of 46 economists predicted range for last week's data for 230000 to 284000.Last week the four-week moving average of flat in 270500, after a week of 270750.

    December Philadelphia fed's manufacturing index slid back into negative territory

    Philadelphia area an index of manufacturing activity in December to fall back to a negative number, once again confirm the manufacturing in difficult times.The Philadelphia fed announced on Thursday, the Philadelphia area manufacturing index fell to 5.9 in December, for the third time in the past four months to negative.The average forecast of economists surveyed by MarketWatch the index of 1.The index is higher than 0 means improvements in manufacturing.

    American manufacturing is generally by a stronger dollar, falling overseas demand and the factors of crude oil futures prices fell.The Philadelphia fed's manufacturing index, the new orders index still negative, down 6 points, down to 9.5.But companies reported rise in shipments, the shipping index rose 6 points, to 3.7%.

The us current account deficit to 08 year high

    The United States in the third quarter of the current account deficit (the current account deficit) climbed 11.7%, rose to a total of $124.1 billion, a record since 2008.The us Commerce Department announced on Thursday, the United States in the third quarter after the seasonally adjusted current account deficit of $124.1 billion, as the biggest since the fourth quarter of 2008 to the deficit.In the second quarter deficit data is revised to $111.1 billion.

    In the third quarter of the growth of the current account deficit is mainly derived from overseas investors to pay project, as well as other income transfers.The trade deficit.As part of the U.S. economy in the third quarter, the current account deficit is equivalent to 2.7% of the gross domestic product (GDP), the highest proportion for three years.The proportion of 2.5% in the second quarter.

New York oil prices seven losses closed below $35

    Crude oil futures on Thursday the seventh consecutive trading day down.The U.S. crude oil inventories unexpectedly climbed, the dollar after the federal reserve to raise interest rates and other factors, U.S. crude oil futures prices fell below $35 a barrel.In January the New York mercantile exchange for delivery of west Texas

    intermediate crude oil futures prices falling (WTI) 57 cents, or 1.6%, to settle at $34.95 a barrel.This is the first time since February 2009, the main oil futures closed at below $35 a barrel.

    Ice, in London, brent crude oil futures prices fell 33 cents, or 0.88%, to settle at $37.06 a barrel.In January, while gasoline futures rose 2.4 cents, or 2%, to close at $1.257 a gallon.

On Thursday, gold prices fell 2.5% and low in 6 years

    Affected by the dollar rallied on Thursday, gold futures prices and the lowest closing price since 2009.On Wednesday, the dollar rallied after the federal reserve to raise interest rates for the first time in nearly 10 years, raise the price of dollar-denominated commodities under pressure.Gold shortly after the end of the regular trading yesterday, the federal open market committee (FOMC) announced rate 25 basis points, zero interest rate policy implemented seven years early.

    February delivery on Thursday on the New York mercantile exchange gold futures prices fell $27.20, or 2.5%, to $1049.60 an ounce, as the lowest closing price since October 2009.Lowest intraday see $1046.80.Gold prices yesterday closed up 1.4%, gold prices fell after the fed to raise interest rates.For delivery in March silver futures fell 54.5 cents, or 3.8%, to $13.703 an ounce.

    Gold Newsletter editor Brien Lundin, said Gold fell on Wednesday, the market for "factors to raise interest rates to infiltrate the credit market and its impact on the dollar" instinctive reaction.

Report this document

For any questions or suggestions please email
cust-service@docsford.com