Market news
19.08.2016, 20:15

Major US stock indexes finished trading below zero

Major US stock indexes fell slightly as investors once again focused attention on the fact that the Fed will raise interest rates.

Investors were also cautious behavior prior to the annual meeting of central bankers from around the world next week in Jackson Hole, Wyoming, where Fed Chairman Janet Yellen is likely to confirm the expectations of rate increases slowly.

Recall Protocol July meeting to determine the Fed's monetary policy, released Wednesday, showed that those responsible for the policies of the central bank officials still disagree on the need to raise rates this year, reducing expectations of an increase in September. Nevertheless, the president of the San Francisco Federal Reserve Bank, John Williams yesterday expressed support for higher interest rates in the US in the coming months, noting that if you wait too long, it can be expensive economy.

Among the corporate nature should note the publication of financial reports of the company Deere (DE) reports that data showed that the company's profit for the third quarter of fiscal year 2016 was $ 1.55 per share, which was at $ 0.61 above the average forecast of analysts.

Most DOW components of the index closed in negative territory (20 of 30). Most remaining shares rose NIKE, Inc. (NKE, + 2.97%). Outsider is shares Wal-Mart Stores Inc. (WMT, -2.14%).

All business sectors S & P index showed a decline. Conglomerates sectors fell most (-1.8%).

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