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- WSE: After start on Wall Street
WSE: After start on Wall Street
In the afternoon, we met the weaker reading from the US - NY Empire State index. This index starts a series of regional data on the economic situation in the industry. Its May reading was not quite successful, as clearly go down from nearly 10 to -9. It might seem that a weaker dollar should support the economic situation in industry, and as we may see is not so easy. Same regional data are not so relevant, however after Friday break (related to better reporting of sales) a return to the negative trend on the front of macroeconomic data would be detrimental to the stock market bulls.
U.S. Stocks open: Dow +0.15%, Nasdaq +0.27%, S&P +0.18%
The market in the United States opens with a cosmetic upward. The market on Wall Street on one side weakens, but on the other maintains consolidation. However, the chance of the pit out grows, which would pose quite negative consequences also for the Warsaw Stock Exchange.
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