Concerns about global growth have been exceeded



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In a mixed field, Wall Street closed most of the stock with a negative sign, despite the initial upward efforts fueled by the good company Macro.

However, worries about global growth are overwhelmed, with the voices wanting a second round of sharp correction (after last week's sale).

The Dow Jones rose 0.26%, or 64 units to 25,444, the S & P fell 0.04% to 2,767 and the Nasdaq lost 0.48% to 7,449.

Procter & Gamble (+ 8.9%) and American Express (+ 3.8%) recorded the largest gains, while the largest decreases were recorded by Caterpillar (-2.7%) and Intel. -2.2%).

Procter & Gamble announced the excellent results of yesterday's third quarter, with net income standing at $ 3.20 billion, or $ 1.22 a share, versus $ 2.85 billion or $ 1.06 a year ago Adjusted net income was $ 1.12 per share and sales were $ 16.69 billion versus $ 16.65 billion last year. Analysts have predicted an adjusted profit of 1.09 USD and a turnover of 16.45 billion USD.

At the same time, worries about global growth remain at the forefront. China recorded weaker than expected growth in the third quarter, namely 6.5% against 6.6% predicted by badysts. It should be noted that this is the worst measure since the first quarter of 2009.

In addition, US bond yields rose again. In particular, the yield on the 10-year loan was 3.20% and the 30-year yield was 3.37%.

In the housing market, the largest decline in the last two years took place in September in the United States. Based on data compiled by the Real Estate Association NAR, resale homes fell 3.4% in September from the previous month, to settle at 5.15 million seasonally adjusted units. This is the sixth consecutive monthly decline.

In the commodities market, the price of WTI oil rose 0.7% to $ 69.12 per barrel, while the price of gold fell 0.1% to $ 1.229 / ounce .

On the foreign exchange market, the dollar fell 0.5% against the euro, from 1.1502 USD to 1.1599 USD the day before.

Source: www.newmoney.gr

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