Stock Indexes United States on Monday dropped more than 2%, the value of Standard Poor s 500 collapsed to a maximum size of six weeks - 2.4%.
Investors are concerned that the situation in the world economy is not improving as fast, to justify the strong growth in share prices, said agency Bloomberg.
Nevertheless, the quotations of futures on 18 August showed positive dynamics: the September contract for SP 500 to 8:16 PM EDT gaining 0.04% on the Dow Jones - 0,07%.
This is a normal correction, believes Director of Research Penn Capital Eric Gring, as still has a lot of negatives. After falling in early March this year to a minimum of 12 years, America's stock market soared more than 50% on signs of easing of the recession in the global economy.
bad news for the market on Monday were on the GDP of Japan and the news from China.
According to preliminary data, the Cabinet of Ministers of Japan, the GDP's second largest economy the world has increased over the three months ended June 30, at 3.7% in terms of annual rates. Analysts predicted a significant growth rate - at 3.9%.
On this news the price of shares Intel, about 60% of annual sales of which goes to Asian markets, fell to 1.7%.
Papers IBM, about 10% of revenues produced from Japan cheaper at 1.4%.
Foreign direct investment in China dropped by 35.7% in July, with the continued decline in the tenth month in succession, as companies abandon plans for business expansion against the backdrop of global financial crisis. In addition, the insurer Ping An Insurance reported a profit that was worse than expectations, while copper producer Yunnan Copper Industry, after receiving the loss for the six months suggested that there was no clear signs of recovery.
speculation that economic growth podhlestnet Chinese demand for raw materials have contributed to take-off index Reuters /Jefferies CRB, in the calculation of which is composed of 19 kinds of commodities, up 32% since March of this year.
As a result of trades on 17 August the price of shares of aluminum giant Alcoa fell by 6.5%, steel producers AK Steel and USSteel - more than 8%.
Quotations
securities nefteproizvoditelya ConocoPhillips fell by 3,2%, Exxon Mobil - at 2.4%. September futures on crude oil cheaper for the day at 1.1% - to $ 66.75 a barrel, which is a minimum mark of 29 July.
Cost JPMorgan Chase shares fell on Monday at 4,1%, Bank of America - at 4.8%. The reason for this was the message that the Federal Deposit Insurance Corporation (FDIC) ordered the closure problem banks Colonial BancGroup Inc. This bankruptcy was the largest victim of the collapse since the beginning of 2009, American finkompany.
Stock Quotes
Lowe s Cos., the owner of one of the world's largest chain stores of goods for the house, collapsed by 10%. The company lowered its net profit for the second fiscal quarter (May-July) to 19.1%.
In addition, Lowe s said that in the third finkvartale plans to make a profit at 21-25 cents per share in the revenue decline to 2-5%. The average forecast of analysts polled Thomson Reuters is 27 cents and minus 1 %.
Index Dow Jones Industrial Average on Monday fell by 186.06 points (2%) - up to 9135.34 points.
Standard Poor s 500 has fallen as a result of trades on 24.36 points (2.43%), reaching 979.73 points.
Nasdaq Composite index for the day fell to 54.68 points (2.75%) - up to 1930.84 points.
Since thebeginning of this year, increasing the Dow Jones is 4,1%, SP 500 - 8,5%. Nasdaq index added this year, 22.4%.
indicator of market volatility VIX, estimating the expected fluctuations in SP 500 over the next 30 days, on Monday increased the maximum value for four months. Your day has increased by 15% - up to 27.89 points. VIX is called fear gauge because it almost always increases when the stock market declines, and vice versa.
On the commodity markets after the U.S. dollar setback of the maximum value since the beginning of August, there is also corrective movement upwardsExpert: jump in sugar prices could lead to production glutsGazprom and Naftogaz refused to work under the contractIn Ukraine, slightly cheaper euroThe calculation of distanceBanks are stuck in the redRussian market to be another reduction to the boundary points for 1015-1020 MICEX indexToday, the Russian actions will attempt to reach positive territory, but hardly the majority of the securities will be able to take root thereThe leader of growth in today paper VTB, the price of which increased during the first three hours of auction at 5.12%
SP 500 on Monday fell to a maximum of 6 weeks, futures on Tuesday grow
Stock Indexes United States on Monday dropped more than 2%, the value of Standard Poor s 500 collapsed to a maximum size of six weeks - 2.4%.
Investors are concerned that the situation in the world economy is not improving as fast, to justify the strong growth in share prices, said agency Bloomberg.
Nevertheless, the quotations of futures on 18 August showed positive dynamics: the September contract for SP 500 to 8:16 PM EDT gaining 0.04% on the Dow Jones - 0,07%.
This is a normal correction, believes Director of Research Penn Capital Eric Gring, as still has a lot of negatives. After falling in early March this year to a minimum of 12 years, America's stock market soared more than 50% on signs of easing of the recession in the global economy.
bad news for the market on Monday were on the GDP of Japan and the news from China.
According to preliminary data, the Cabinet of Ministers of Japan, the GDP's second largest economy the world has increased over the three months ended June 30, at 3.7% in terms of annual rates. Analysts predicted a significant growth rate - at 3.9%.
On this news the price of shares Intel, about 60% of annual sales of which goes to Asian markets, fell to 1.7%.
Papers IBM, about 10% of revenues produced from Japan cheaper at 1.4%.
Foreign direct investment in China dropped by 35.7% in July, with the continued decline in the tenth month in succession, as companies abandon plans for business expansion against the backdrop of global financial crisis. In addition, the insurer Ping An Insurance reported a profit that was worse than expectations, while copper producer Yunnan Copper Industry, after receiving the loss for the six months suggested that there was no clear signs of recovery.
speculation that economic growth podhlestnet Chinese demand for raw materials have contributed to take-off index Reuters /Jefferies CRB, in the calculation of which is composed of 19 kinds of commodities, up 32% since March of this year.
As a result of trades on 17 August the price of shares of aluminum giant Alcoa fell by 6.5%, steel producers AK Steel and USSteel - more than 8%.
Quotations
securities nefteproizvoditelya ConocoPhillips fell by 3,2%, Exxon Mobil - at 2.4%. September futures on crude oil cheaper for the day at 1.1% - to $ 66.75 a barrel, which is a minimum mark of 29 July.
Cost JPMorgan Chase shares fell on Monday at 4,1%, Bank of America - at 4.8%. The reason for this was the message that the Federal Deposit Insurance Corporation (FDIC) ordered the closure problem banks Colonial BancGroup Inc. This bankruptcy was the largest victim of the collapse since the beginning of 2009, American finkompany.
Stock Quotes
Lowe s Cos., the owner of one of the world's largest chain stores of goods for the house, collapsed by 10%. The company lowered its net profit for the second fiscal quarter (May-July) to 19.1%.
In addition, Lowe s said that in the third finkvartale plans to make a profit at 21-25 cents per share in the revenue decline to 2-5%. The average forecast of analysts polled Thomson Reuters is 27 cents and minus 1 %.
Index Dow Jones Industrial Average on Monday fell by 186.06 points (2%) - up to 9135.34 points.
Standard Poor s 500 has fallen as a result of trades on 24.36 points (2.43%), reaching 979.73 points.
Nasdaq Composite index for the day fell to 54.68 points (2.75%) - up to 1930.84 points.
Since thebeginning of this year, increasing the Dow Jones is 4,1%, SP 500 - 8,5%. Nasdaq index added this year, 22.4%.
indicator of market volatility VIX, estimating the expected fluctuations in SP 500 over the next 30 days, on Monday increased the maximum value for four months. Your day has increased by 15% - up to 27.89 points. VIX is called fear gauge because it almost always increases when the stock market declines, and vice versa.
On the commodity markets after the U.S. dollar setback of the maximum value since the beginning of August, there is also corrective movement upwards
Expert: jump in sugar prices could lead to production gluts
Gazprom and Naftogaz refused to work under the contract
In Ukraine, slightly cheaper euro
The calculation of distance
Banks are stuck in the red
Russian market to be another reduction to the boundary points for 1015-1020 MICEX index
Today, the Russian actions will attempt to reach positive territory, but hardly the majority of the securities will be able to take root there
The leader of growth in today paper VTB, the price of which increased during the first three hours of auction at 5.12%