US stocks fall after the fall of oil and the dollar records a greater appreciation in a month



[ad_1]

The S & P 500 recorded the largest decline in two weeks, after the loss of at least 2% of energy and materials producers following fears that Trump's trade policy did not the demand for raw materials. The drop in oil brought WTI crude to US $ 70 a barrel, while metal and crop futures also fell. Caterpillar Inc. and Chevron Corp. recorded losses in the Dow Jones Industrial Average, while emerging market equities saw the largest decline since the end of June.

The dollar posted the strongest appreciation in a month, while the yen The Japanese and the Chinese yuan weakened. 10-year Treasury yields have fallen for the second day in a row

Against the strengthening of the dollar, the Chilean peso depreciated today by 0.95% against the US dollar, after closing at 653.30 pesos on the local financial market, 6.20 pesos more than the day before

"We imposed tariffs last night after the closure and the markets around the world were simply shipwrecked", has said George Maris, co-director of Janus Henderson's shares. interview at Bloomberg's headquarters in New York. "In the last three days we had peace of mind and the markets were only green in all areas, now is the critical problem of the markets."

The latest salvo of the trade war broke the momentary calm of the markets It allowed investors to focus on profits and the growth of the economy and pushed the S & P 500 index to the highest closing since February. Investors remain trapped in a tussle between the results of companies, which are starting to accumulate this week, and the growing specter of trade war.


<! – Download the attached document of this news – ->

[ad_2]
Source link