Major U.S. stock-indexes lower on the first trading day in August as oil prices touched a six-month low and data showed U.S. economy lost some momentum at the end of the second quarter. In U.S. data, consumer spending recorded its smallest gain in four months, while the pace of growth in the U.S. manufacturing sector slowed in July. On Friday, wage data showed that U.S. labor costs in the second quarter rose the least in 33 years. Investors have been keeping a sharp eye on economic data for clues regarding the timing of the first rate increase in nearly a decade. The U.S. Federal Reserve has said it will hike rates only when it sees a sustained recovery in the economy.
Dow stocks are mixed (17 in positive area, 13 in negative area). Top looser - Chevron Corporation (CVX, -2.79%). Top gainer - The Walt Disney Company (DIS, +0.63).
S&P index sectors are mixed. Top looser - Basic Materials (-1.2%). Top gainer - Utilities (+0.3%).
At the moment:
Dow 17552.00 -62.00 -0.35%
S&P 500 2096.50 -2.00 -0.10%
Nasdaq 100 4590.75 +5.75 +0.13%
10 Year yield 2,17% -0,04
Oil 45.99 -1.13 -2.40%
Gold 1089.90 -5.20 -0.47%