US stock market is still expanding descent: Dow roars under 21.800 points

The U.S. stock market will try on Monday, despite the appeasement of Washington, his recent downward slide unabated continued. New York - The Dow Jones Indust

US stock market is still expanding descent: Dow roars under 21.800 points

The U.S. stock market will try on Monday, despite the appeasement of Washington, his recent downward slide unabated continued.

New York - The Dow Jones Industrial fell out of 22,000 points and lost at the end of the shortened trading day of 2.91 percent to 21 792,60 counter. Market participants reported on a Christmas eve unusual fluctuation and volume of the operation.

US-Finance Minister Steven Mnuchin had tried on Sunday to calm the markets. Trump is not my intention to dismiss national Bank Governor Jerome Powell, said the politician. He just got off the phone with the heads of the six largest U.S. banks, which would have explained to him that they had sufficient liquidity. The latter have a stronger presence in the Mark, contrary to the intentions of the Minister, the unrest, traders said.

The partial government shutdown shops in the United States weighed on the mood. This could drag on, according to the White house over Christmas and into the new year. The market fear is that this had a negative impact on the already gloomy economic expectations, according to experts. Fresh economic data were not available on Christmas eve for publication.

The market breadth the S&P 500 declined by 2.71 percent to 2351,10 points. The technology-heavy Nasdaq 100 fell by 2.43 percent to 5899,36 counter.

market-moving messages to individual companies were hardly present. Tesla fell by almost 8 percent. Traders Asyabahis to refer to price reductions in the electric car manufacturer in China. CEO Elon Musk had said in addition, buyers of the vehicles, a compensation, if this would not come due to delivery delays, benefit from tax reductions.

also read : The reason will surprise you: this is Why Donald Trump Christmas

dpa

Date Of Update: 25 December 2018, 00:03
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