As a cause for the sell-off in government bonds applies the expectation that consumer prices will rise more strongly again. Market analyst Craig Erlam from trading firm Oanda also refers to the last recovered crude oil prices as drivers of inflation expectations. Moreover, investors are likely to continue to follow the latest news on the Greek debt crisis with Argus eyes.
The Dow Jones Industrial slipped early in the course by 0.80 percent to 17,960.50 points from. On the day before the increase in yields in the global government bond markets for unrest had caused. This winning fixed-income securities to equities more attractive. The US stock markets were also impacted by weak oil values. Nevertheless, the highs stay with the stock indices in reach. The extensive S & P 500 index was 0.83 percent on Tuesday from to 2087.84 points. The technology-heavy Nasdaq 100 Index lost 1.05 Selection percent to 4392.86 points
Meanwhile, on Wall Street is a chapter internet history to an end. The mobile giant Verizon swallows the online pioneer AOL. By around 4.4 billion dollar purchase Verizon underlines its ambitions in the mobile video and advertising business for which AOL will provide a platform. AOL investors reacted euphorically: The securities surged by more than 18 percent upward. Verizon shares held up better than the Dow index.
The race for the reinsurer PartnerRe has not yet gone meanwhile. The company Exor the Italian industrialist family Agnelli had the takeover bid raised to down his rival Axis. PartnerRe shares rose by 1.54 percent.
Meanwhile, Gap frightened its investors with unexpectedly weak sales figures. Shares in the fashion company lost nearly three percent of its value. Shares of Rackspace plummeted by as much as 13 percent. The web host had informed that the sales growth is expected to slow this quarter.
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