Major U.S. stock-indexes lower on Monday after data showed a better-than-expected increase in consumer spending in August, adding to the case for an interest rate increase this year. New York Federal Reserve President William Dudley added to the expectations of an early rate increase, suggesting the central bank could pull the trigger as soon as in October. Federal Reserve Chair Janet Yellen has said she expects rates to be raised this year.
Almost all of Dow stocks in negative area (26 of 30). Top looser - The Goldman Sachs Group, Inc. (GS, -2.58%). Top gainer - Intel Corporation (INTC, +1.28%).
All of S&P index sectors also in negative area. Top looser - Basic Materials (-2.8%).
At the moment:
Dow 16049.00 -154.00 -0.95%
S&P 500 1897.50 -21.75 -1.13%
Nasdaq 100 4155.50 -58.00 -1.38%
10 Year yield 2,12% -0,05
Oil 45.25 -0.45 -0.98%
Gold 1133.60 -12.00 -1.05%