U.S. stocks fell across raw materials stocks led down
Stocks overall decline on Monday afternoon, led by raw material plate.Investors continue to focus on crude oil futures price volatility, and wait for the fed meeting this week, the bank is expected to raise interest rates for the first time in nine years.
Eastern time on December 14, at 00:55 December 15 (Beijing time),The dow Jones(17524.91, 156.41, 0.90%) of the industrial average fell 54.38 points, to 17210.83, down 0.31%;The standard & poor's 500 index fell 11.32 points, to 2001.05, down 0.56%;The nasdaq(4995.36, 43.13, 0.87%) of the composite index fell 43.85 points, to 4889.62 points, or 0.89%.
Monday morning U.S. crude oil futures prices fell more than 2% below $35 a barrel, brent crude oil futures prices fell 3% below the $37 a barrel.A drop in oil prices become the main factor of stocks have fallen recently, energy-related shares a greater strain.In addition, the junk bond lower also makes many investors panicked.
Last week, the s&p 500 fell 3.8% in a week, the biggest monthly decline since August.The dow the week down 582 points, or 3.3%.This year, as of Friday's close, the s&p 500 index and the dow fell 2.3% and 3.1% respectively.
prudential(83.06, 2.37, 2.94%), Quincy market analyst - Crosby (Quincy Krosby,) said: "before the fed announced the meeting decision, sideways for the stock market is not a bad thing. But oil prices fell, and junk bonds happen to many people panic."
Panmure Gordon company market commentator David bowie grams (David Buik) said: "all the signs are that the global market has been fully pricing, even overpriced, but many of those who participate in the stock market has denied that. Traders and market watchers are seemed to be hard on the rib kicked a few feet."
Daiwa capital markets economic research director Chris was nabbed luna (Chris Scicluna) said: "don't have to guess and know what is the most important events of this week, the fed will at the end of this week three FOMC meeting, widely expect the fed to raise the benchmark federal funds rate, may increase by 25 basis points, to make it up to 0.25% to 0.50% range. It will be the rates for the first time since 2006."
Turkish luna said: "but the market is expected to a dove crunch, namely statement after the meeting and the latest economic forecasts may suggest that future rates to rise at a slow pace, for a long time will also maintain a relatively low interest rates."
Economic data released on Monday, the United States is not important.Widely expect the fed will be announced on Wednesday to raise interest rates for the first time in nearly 10 years, before that investors will avoid big bets.Group according to the Chicago mercantile exchange (CME) fed observation tool, the market expects a 79% chance of the federal reserve to raise interest rates.
Stocks news, Jarden consumer goods company (JAH) climbed, after who (NWL) claimed that plans to acquire the company.
astrazeneca(33.26, 0.26, 0.79%) (AZN) confirmed Monday that the company is working with Acerta Pharma BV acquisition negotiations.
According to the Wall Street journal reported that activist investors - Mr. Loeb Daniel (Daniel Loeb) has called forDow chemical(50.57, 0.72, 1.40%) (DOW) company cancel CEO Andrew vrishis (Andrew Liveris) position.
Twitter(23.95, 0.97, 3.89%) were first published warned there is hacked by government-backed group potential risks.Network security for the company and state governments are still haunt.
In addition, the federal government has announced that Reckitt group (Reckitt Benckiser) in Mr La&vinne quality of pain (Nurofen), misleading consumer behavior.
VeriFone Systems (PAY) will be announced after the close of trading on Monday.
Other markets, Asian markets generally fell on Monday, but the Shanghai composite index rose 2.5%.Affected by a drop in oil prices, European stocks fell on Monday, the European pan-european blue-chip 300 index closed down 1.79 on Monday, 1372.48.
Gold futures prices fell $7, the New York mercantile exchange (nymex) at $1069 an ounce.Crude oil futures prices rose 60 cents, to $36.22 a barrel.