• Major US stock indexes finished trading below zero

Noticias del mercado

2 agosto 2016

Major US stock indexes finished trading below zero

Major US stock indexes fell on Tuesday after weak US economic data disappointed investors.

As it became known today, in June, personal income increased by $ 29.3 billion (0.2%) in June, according to estimates released today by the Bureau of Economic Analysis. Disposable personal income (DPI) increased $ 24.6 billion (0.2%), and personal consumption expenditures (the PCE) increased $ 53.0 billion (0.4%).

Real DPI increased by 0.1% in June and a real PCE increased 0.3%. PCE Price Index increased by 0.1%. With the exception of food and energy, PCE price index increased by 0.1%. The increase in personal income in June mainly reflects the growth of private incomes from wages and incomes of non-agricultural owners, which were partially offset by a decrease in personal income in the form of dividends and personal interest income.

Among the corporate nature of the posts should be noted quarterly reports Pfizer (PFE) and Procter & Gamble (PG). Quarterly results of both companies exceeded analysts' expectations. Pfizer's profit for the second quarter 2016 fingoda reached $ 0.64 per share, which is $ 0.02 higher than the average analyst forecast of $ 0.62. Quarterly revenue rose nearly 11%, to $ 13.147 billion., While the average forecast of analysts expected to increase to $ 13.013 billion. Shares of PFE fell, as the company left unchanged its forecast for the full 2016 fiscal year.

Procter & Gamble in the reporting period made a profit of $ 0.79 per share, which is $ 0.05 higher than the average market forecast. The company's revenue was $ 16,102,000,000., that turned out to be 2.7% per annum less, but 1.7% higher than the average forecast of analysts. The company also lowered its forecast for earnings per share figure for 2017 fiscal year to $ 3.67 against the analysts' forecast of $ 3.97 level.

Most components of the DOW index finished trading in negative territory (23 of 30). More rest up shares Exxon Mobil Corporation (XOM, + 1.06%). Outsider were shares of Pfizer Inc. (PFE, -2.20%).

Almost all sectors of the S & P closed in the red. the services sector fell the most (-1.2%). Maximizing showed conglomerates sector (+ 0.8%).

At the close:

Dow -0.49% 18,313.70 -90.81

Nasdaq -0.90% 5,137.73 -46.47

S & P -0.64% 2,157.03 -13.81

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