Disappointing corporate results from several heavyweights dragged Wall Street as investors looked for clues regarding the timing of the next interest rate hike ahead of a Fed meeting next week. While investors aren't expecting the Fed to raise rates when it meets next week, they will be looking for clues regarding the trajectory of future hikes.
Most of Dow stocks in negative area (19 of 30). Top gainer - The Procter & Gamble Company (PG, +4.17%). Top loser - 3M Company (МММ, -3.07%).
Almost all S&P sectors also in negative area. Top gainer - Utilities (+0.1%). Top loser - Healthcare (-0.5%).
At the moment:
Dow 18085.00 -49.00 -0.27%
S&P 500 2137.25 -7.00 -0.33%
Nasdaq 100 4886.75 -16.00 -0.33%
Oil 49.86 -0.66 -1.31%
Gold 1273.70 +10.00 +0.79%
U.S. 10yr 1.75 -0.01
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