Major US stock indexes finished trading in the red, as the fall of the conglomerate sector and the health sector offset the support from the growth of the commodity sector.
In addition, investors analyzed inflation data for the United States. The Ministry of Labor reported that the consumer price index rose by 0.3% last month, after rising 0.1% in September. In the 12 months to October, the consumer price index rose 2.5%, rising from 2.3% recorded in September. With the exception of food and energy prices, CPI rose 0.2%. The so-called base CPI rose 0.1% for two consecutive months. Over the 12 months to October, the base consumer price index rose 2.1% after rising 2.2% in September. Economists had forecast that the consumer price index would rise by 0.3%, and the basic consumer price index - by 0.2% in October.
Most of the components of DOW recorded a drop (21 of 30). The Travelers Companies, Inc. shares turned out to be an outsider. (TRV, -2.77%). The growth leader was DowDuPont Inc. (DWDP, + 1.17%).
Most sectors of the S & P finished trading in the red. The largest decline was shown by the conglomerate sector (-0.9%). The commodity sector grew the most (+ 0.6%).
At the time of closing:
Dow 25,080.91 -205.58 -0.81%
S & P 500 2,701.63 -20.55 -0.75%
Nasdaq 100 7,136.39 -64.48 -0.90%
Before the bell: S&P futures +0.51%, NASDAQ futures +0.59%
U.S. stock-index futures rose moderately on Tuesday, the U.S. inflation data showed that consumer prices in October rose in line with expectations, relieving investors’ worries the Fed to tighten policy at a faster-than-expected pace.
Global Stocks:
Index/commodity | Last | Today's Change, points | Today's Change, % |
Nikkei | 21,846.48 | +35.96 | +0.16% |
Hang Seng | 25,654.43 | -138.44 | -0.54% |
Shanghai | 2,632.24 | -22.64 | -0.85% |
S&P/ASX | 5,732.80 | -101.40 | -1.74% |
FTSE | 7,091.38 | +37.62 | +0.53% |
CAC | 5,122.00 | +20.15 | +0.39% |
DAX | 11,539.93 | +67.71 | +0.59% |
Crude | $56.19 | +0.90% | |
Gold | $1,200.30 | -0.09% |
(company / ticker / price / change ($/%) / volume)
3M Co | MMM | 201.28 | 2.91(1.47%) | 691 |
Amazon.com Inc., NASDAQ | AMZN | 1,649.97 | 18.80(1.15%) | 54704 |
Apple Inc. | AAPL | 193.69 | 1.46(0.76%) | 348681 |
AT&T Inc | T | 30.5 | 0.17(0.56%) | 40312 |
Barrick Gold Corporation, NYSE | ABX | 12.39 | -0.04(-0.32%) | 41653 |
Boeing Co | BA | 350.48 | 0.97(0.28%) | 15699 |
Caterpillar Inc | CAT | 126.99 | 1.03(0.82%) | 3948 |
Chevron Corp | CVX | 116.6 | 1.25(1.08%) | 3693 |
Cisco Systems Inc | CSCO | 45.42 | 0.30(0.66%) | 27796 |
Citigroup Inc., NYSE | C | 65.2 | 0.42(0.65%) | 5459 |
Deere & Company, NYSE | DE | 148.06 | 0.83(0.56%) | 1210 |
Exxon Mobil Corp | XOM | 78.86 | 0.86(1.10%) | 7721 |
Facebook, Inc. | FB | 143.29 | 1.13(0.79%) | 55762 |
FedEx Corporation, NYSE | FDX | 225 | 2.49(1.12%) | 391 |
Ford Motor Co. | F | 9.56 | 0.02(0.21%) | 17920 |
Freeport-McMoRan Copper & Gold Inc., NYSE | FCX | 11.3 | 0.05(0.44%) | 12201 |
General Electric Co | GE | 8.65 | 0.04(0.46%) | 344449 |
General Motors Company, NYSE | GM | 36 | 0.07(0.19%) | 300 |
Goldman Sachs | GS | 205.8 | 0.75(0.37%) | 6313 |
Google Inc. | GOOG | 1,038.20 | 2.15(0.21%) | 2684 |
Home Depot Inc | HD | 180.7 | 1.70(0.95%) | 14423 |
Intel Corp | INTC | 47.85 | 0.46(0.97%) | 10914 |
International Business Machines Co... | IBM | 121.31 | 0.47(0.39%) | 3534 |
International Paper Company | IP | 45.39 | -0.01(-0.02%) | 230 |
Johnson & Johnson | JNJ | 144.9 | 0.22(0.15%) | 1005 |
JPMorgan Chase and Co | JPM | 109.55 | -0.04(-0.04%) | 730 |
McDonald's Corp | MCD | 184.7 | 0.69(0.38%) | 2605 |
Merck & Co Inc | MRK | 75 | 0.39(0.52%) | 1679 |
Microsoft Corp | MSFT | 107.39 | 0.91(0.85%) | 37450 |
Procter & Gamble Co | PG | 93.36 | -0.11(-0.12%) | 2098 |
Starbucks Corporation, NASDAQ | SBUX | 67.34 | 0.29(0.43%) | 4399 |
Tesla Motors, Inc., NASDAQ | TSLA | 341.8 | 3.07(0.91%) | 33250 |
The Coca-Cola Co | KO | 49.88 | 0.02(0.04%) | 2245 |
Twitter, Inc., NYSE | TWTR | 32.9 | 0.41(1.26%) | 9729 |
Verizon Communications Inc | VZ | 58.88 | 0.22(0.38%) | 2451 |
Visa | V | 140.83 | 1.11(0.79%) | 4940 |
Wal-Mart Stores Inc | WMT | 103.3 | 0.36(0.35%) | 9010 |
Walt Disney Co | DIS | 117.47 | 0.62(0.53%) | 962 |
Yandex N.V., NASDAQ | YNDX | 28.53 | 0.49(1.75%) | 12503 |
Apple (AAPL) downgraded to Neutral from Buy at Guggenheim
Macy's Inc (M) reported Q3 FY 2018 earnings of $0.27 per share (versus $0.23 in Q3 FY 2017), beating analysts’ consensus estimate of $0.14.
The company’s quarterly revenues amounted to $5.404 bln (+2.3% y/y), generally in-line with analysts’ consensus estimate of $5.403 bln.
M rose to $36.00 (+0.59%) in pre-market trading.
A negative start to trading in the stock markets of Europe is expected, following basically similar tones in Asian funds markets.