Major U.S. stock-indexes pared some of their losses on Wednesday as energy and materials stocks rose, driven by a 6% rally in crude oil prices. Oil rose after investors took advantage of an earlier weakness in prices and a drop in the U.S. dollar. Earlier in the day, stocks fell after U.S. data showed that the economy's service sector expanded at a slower-than-expected rate, raising concerns that weakness in manufacturing was spreading to other areas of the economy. But, ADP data showed private employers added more jobs than expected in January. The data comes ahead of the government's more comprehensive employment report on Friday.
Most of Dow stocks in negative area (22 of 30). Top looser - Intel Corporation (INTC, -3,42%). Top gainer - E. I. du Pont de Nemours and Company (DD, +2,46%).
Most of S&P sectors also in negative area. Top looser - Healthcare (-1,4%). Top gainer - Basic Materials (+1,5%).
At the moment:
Dow 16036.00 -55.00 -0.34%
S&P 500 1882.00 -15.50 -0.82%
Nasdaq 100 4119.75 -72.25 -1.72%
Oil 31.56 +1.68 +5.62%
Gold 1139.80 +12.60 +1.12%
U.S. 10yr 1.86 -0.01
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.