Saturday, September 10, 2016

TRIPLE DIGIT Decline on #DOW Spill-over Across the Board

The first signal of a neutral to negative outlook spilled over from the Asian & European markets over the week have somehow gained traction with US investors complacency of a mere 18% chance that the FED would raise rates after the previous & disappointing #JOBs number.
 
US Lackluster trading resulted in the decline of major indices, exacerbated by Boston #FED President Eric Rosengren statements boosting the issue on raising interest rates. The Dow Jones nearly made a 2% decline equivalent to over a 400 pts, while the #NASDAQ did a 2% drop with Oil prices lower to the USD46.00 handle added to the selling pressure. Meanwhile, the FTSE & CAC 40 likewise dropped 1.26 and 1.12 percentage points respectively.

TRIPLE DIGIT Decline on DOW Spill-over Across the Board
Posted by at
Labels: , , , , , ,

2 comments:

  1. UnknownSeptember 11, 2016 at 9:18 PM

    ontagion Negative Effects from US Equity Decline
    ASIA Market Performance as of 9.12.16

    Name Price Change %Change

    NIKKEI 16708.73 -257.03 -1.51%
    https://www.tradingview.com/x/TLFG86SG/
    HSI 23423.50 -676.20 -2.81%
    https://www.tradingview.com/x/h4F3wYyP/
    ASX 200 S&P/ 5219.20 -119.98 -2.25%
    http://www.marketindex.com.au/asx200
    SHANGHAI 3014.30 -64.56 -2.10%
    http://www.bloomberg.com/quote/SHCOMP:IND
    KOSPI Index 2000.56 -37.31 -1.83%
    http://www.bloomberg.com/quote/KOSPI:IND

    ReplyDelete
  2. UnknownSeptember 12, 2016 at 5:17 AM

    #CONTAGION Negative Effects in the Making from US Equity Decline

    ReplyDelete

Subscribe to: Post Comments (Atom)