US stocks down, Dow Jones goes up alone



[ad_1]

Direct: US stocks fell on Monday, pending the evolution of monetary policy and trade.

The luxury goods and communications sectors were the main causes of Wall Street losses, while Merck and Intel pushed the Dow Jones Industrial Average up.

Investors wait two days Tuesday for the meeting of the Fed which should reduce interest rates.

US President Donald Trump continued to press the Fed before the meeting stating: "The Fed will not do much to stimulate the economy compared to what the central banks of Europe and China will. "

With regard to trade, an American delegation is now in Beijing to resume trade negotiations, suspended since May.

Businesses continue to report earnings, with Pfizer up 30 percent in the second quarter to beat badysts' estimates.

At the end of the session, the Dow Jones Industrial Average rose 0.1% to 27,221.3 points.

The Standard & Poor's lost 0.2% to 3,020.9 points and the Nasdaq lost 0.4% to 8,293.3 points.

At 8:08 pm GMT, the main dollar index, which measures the performance of the currency against the six major currencies, has stabilized at 98,049.

[ad_2]
Source link