Stock indices traded mixed ahead of the last Fed's monetary policy meeting. Market participants are awaiting the release of the last Fed's monetary policy meeting today. They will be looking for any signs of the recovery of the world's largest economy. There are speculations that stronger employment data may lead to interest rate hike by the Fed.
In the early trading session, stock were driven by the Chinese inflation data. The consumer price index in China increased 2.3% in June, missing expectations for a 2.4% rise, after a 2.5% gain in May.
Chinese producer price index fell 1.1% in June, in line with expectations, after a 1.4% drop in May.
These figures show that there is still weakness in the Chinese economy.
Indexes on the close:
Name Price Change Change %
FTSE 100 6,718.04 -20.41 -0.30%
DAX 9,808.2 +35.53 +0.36%
CAC 40 4,359.84 +17.31 +0.40%
U.S. stock-index futures rose slightly as investors awaited minutes from the Federal Reserve's last meeting and corporate earnings reports. Shares of Alcoa (AA) advanced more than 2% after reporting better-than-estimated profit and sales.
Global markets:
Nikkei 15,302.65 -11.76 -0.08%
Hang Seng 23,176.07 -365.31 -1.55%
Shanghai Composite 2,038.61 -25.41 -1.23%
FTSE 6,710.28 -28.17 -0.42%
CAC 4,346.01 +3.48 +0.08%
DAX 9,785.28 +12.61 +0.13%
Crude oil $103.10 (-0.29%)
Gold $1327.50 (+0.84%)
(company / ticker / price / change, % / volume)
AT&T Inc | T | 35.60 | +0.11% | 1.3K |
Goldman Sachs | GS | 165.20 | +0.18% | 1.1K |
Verizon Communications Inc | VZ | 48.87 | +0.23% | 11.8K |
Caterpillar Inc | CAT | 109.77 | +0.28% | 2.1K |
JPMorgan Chase and Co | JPM | 55.95 | +0.34% | 0.2K |
United Technologies Corp | UTX | 114.49 | +0.37% | 0.7K |
General Electric Co | GE | 26.48 | +0.42% | 10.5K |
Pfizer Inc | PFE | 30.30 | +0.50% | 0.1K |
Microsoft Corp | MSFT | 42.00 | +0.53% | 12.0K |
Boeing Co | BA | 128.11 | +1.04% | 6.2K |
Intel Corp | INTC | 30.79 | 0.00% | 2.0K |
Walt Disney Co | DIS | 85.86 | 0.00% | 0.3K |
The Coca-Cola Co | KO | 41.85 | -0.21% | 1.5K |
Upgrades:
American Express (AXP) upgraded to Buy from Neutral at Guggenheim
Downgrades:
Other:
Alcoa (AA) target raised to $18.50 from $15 at JP Morgan
Apple (AAPL) target raised to $105 from $90 at Mizuho
Stock indices after the weaker-than-expected inflation data from China. The consumer price index in China increased 2.3% in June, missing expectations for a 2.4% rise, after a 2.5% gain in May.
Chinese producer price index fell 1.1% in June, in line with expectations, after a 1.4% drop in May.
These figures show that there is still weakness in the Chinese economy.
Market participants are awaiting the release of the last Fed's monetary policy meeting today. They will be looking for any signs of the recovery of the world's largest economy. There are speculations that stronger employment data may lead to interest rate hike by the Fed.
Current figures:
Name Price Change Change %
FTSE 100 6,703.57 -34.88 -0.52%
DAX 9,770.04 -2.63 -0.03%
CAC 40 4,334.66 -7.87 -0.18%
Asian stock indices traded lower due to the weaker-than-expected inflation data from China. The consumer price index in China increased 2.3% in June, missing expectations for a 2.4% rise, after a 2.5% gain in May.
Chinese producer price index fell 1.1% in June, in line with expectations, after a 1.4% drop in May.
These figures show that there is still weakness in the Chinese economy.
Indexes on the close:
Nikkei 225 15,302.65 -11.76 -0.08%
Hang Seng 23,176.07 -365.31 -1.51%
Shanghai Composite 2,038.61 -25.41 -1.23%
(index / closing price / change items /% change)
Nikkei 225 15,276.25 -38.16 -0.25%
Hang Seng 23,233.4 -307.98 -1.31%
Shanghai Composite 2,056.39 -7.63 -0.37%
FTSE 100 6,738.45 -85.06 -1.25%
CAC 40 4,342.53 -63.23 -1.44%
DAX 9,772.67 -133.40 -1.35%
S&P 500 1,963.71 -13.94 -0.70%
NASDAQ 4,391.46 -60.07 -1.35%
Dow Jones 16,906.62 -117.59 -0.69%