Yahoo Finance Market Update: November 27, 2018

Shares fell on Tuesday, as traders likened recent comments by President Donald Trump on exchanges and remarks by a US Federal Reserve official stating a gradual rise in interest rates.

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "The S & P 500 & nbsp;(^ GSPC) fell by 0.14%, or 3.69 points, at 11:42 am. The Dow& nbsp; (DJI) & nbsp;slipped 0.34%, or 83.51 points. Nasdaq & nbsp;(^ IXIC)& nbsp; lost 0.08% or 5.36 points. "data-reactid =" 16 "> The S & P 500 (^ GSPC) fell by 0.14%, or 3.69 points, at 11:42 am. The Dow (DJI) slipped 0.34%, or 83.51 points. Nasdaq (^ IXIC) fell 0.08%, or 5.36 points.

<p class = "canvas-atom-canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Investor sentiment has been under pressure all night long Wall Street Journal published a meeting President Donald Trump said he would likely increase tariffs on Chinese products to 25% from the current rate of 10%. He also suggested imposing tariffs on the remaining 267 billion dollars of Chinese imports not yet affected by tariffs, if trade talks with President Xi Jinping did not result in a fair trade agreement. . Investors were confident The Wall Street Journal has published an interview with President Donald Trump, who had announced that he was likely considering raising tariffs on products. 25% over the current rate of 10%.) He also suggested imposing tariffs on Chinese products.If trade talks with President Xi Jinping do not result in a fair trade agreement, imports Chinese do not represent 267 billion dollars remaining.

<p class = "canvas-atom-canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "These additional measures could include 10% price on Apple (AAPL), which are currently duty-free, said Trump. Comments dropped the tech giant's stock by about 2% before reducing losses. Apple's shares are down about 20% in November. "Data-reactid =" 18 "> These additional measures could include a 10% tariff on Apple devices (AAPL), which are currently duty free, said Trump.The shares of the tech giant have dropped from About 2% before reducing losses.The shares of Apple lost about 20% in November.

<p class = "canvas-canvas-text canvas Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Meanwhile, & nbsp; Vice President of the Federal Reserve, Richard Clarida offered an optimistic perspective of the US economy during a speech in New York on Tuesday, and said that he thought the central bank should take a "phased" approach to future rate hikes. Interest rates are "much closer" to neutrality – a level that neither stimulates nor cools the economy – that they had not been when the central bank started to delete premises as of December 2015. "data-reactid =" 19 "> At the same time, In a speech Tuesday in New York, the Vice President of the US Federal Reserve, Richard Clarida, made part of its optimistic outlook and is convinced that the central bank should take a "phased" approach to future rate hikes – a level that neither stimulates nor cools the economy – which was the case when the central bank started deleting premises from December 2015, he said.

<p class = "canvas-atom-canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "" To what extent is it a matter of judgment, and the views on the FOMC are varied, "said Clarida in prepared remarks. The process of learning the fed funds neutral rate and the natural unemployment rate "with the arrival of new data argues in favor of a gradual normalization of the policy, because it will allow the Fed to accumulate more information from the data on the final destination rate the unemployment rate at a time when inflation is close to our goal of 2%, "said Clarida." data-reactid = "20"> "What is the margin of appreciation, and there is a range of views on the FOMC," The learning process of the neutral rate of federal funds and the natural unemployment rate "The arrival of new data argues in favor of a gradual normalization of policies, because it will allow the Fed to accumulate more information from the data on the target rate and the unemployment rate at a time where inflation is close to our target of 2%, "said Clarida.

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Two weeks ago, Clarida said that he believed a neutral key rate would range between 2.5% and 3.5%, while the current range would be between 2% and 2.25%. Investors are largely convinced that the Federal Open Market Committee will raise interest rates for the fourth time in 2018 at their December meeting. "Data-reactid =" 21 "> Two weeks ago, Clarida said it believed a neutral interest rate would be between 2.5% and 3.5%, while the current range is between 2% and 2.25% Investors are largely convinced that the Federal Open Market Committee will raise interest rates for the fourth time in 2018 at their December meeting.

Federal Reserve Chairman Jerome Powell will speak Wednesday at the Economic Club in New York.

STOCKS: Tesla car sales dropped in China last month, reports Reuters

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "You're here (TSLA) vehicle sales fell by 70% in October compared to last year, with the China Passenger Car Association told Reuters. The electric car maker sold a total of 211 cars in China last month, said the official to Reuters, which would represent a significant slowdown in sales in the largest car market in the world. Last week, Tesla said it was reducing the price of its X and S model vehicles in China, in order to partially offset the impact of higher fares. A spokesman for Tesla told Yahoo Finance that the report was "extremely inaccurate," adding, "Although we do not disclose regional or monthly sales figures, these numbers are spreading by a margin important. " Tesla shares fell 2.05% to $ 338.92: 18 hours Eastern time. "Data-reactid =" 24 ">Tesla Vehicle Sales (TSLA) fell 70% in October compared to last year, with the China Passenger Car Association told Reuters. The electric car maker sold a total of 211 cars in China last month, said the official to Reuters, which would represent a significant slowdown in sales in the largest car market in the world. Last week, Tesla announced a price reduction for its X and S model vehicles in China, to partially offset the impact of higher fares. A spokesman for Tesla told Yahoo Finance that the report was "extremely inaccurate," adding, "Although we do not disclose regional or monthly sales figures, these numbers are spreading by a margin important. " Tesla shares fell 2.05% to $ 338.92: 18 hours ET.

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "United Technologies (UTX) announced on Monday that he plans to split into three companies,& nbsp; Otis, Carrier and United Technologies. Gregory Hayes will retain his position as chief executive officer of United Technologies during and after the split, which is expected to be completed in 2020. Otis will focus on manufacturing elevators and escalators, Carrier will provide related products HVAC and refrigeration systems. and United Technologies will be a supplier to the aerospace and defense industries. Shares of United Technologies Corporation fell 6.45% to US $ 119.72 at 10:18 am ET. "Data-reactid =" 25 ">United Technologies (UTX) announced Monday it plans to split into three companies, Otis, Carrier and United Technologies. Gregory Hayes will retain his position as chief executive officer of United Technologies during and after the split, which is expected to be completed in 2020. Otis will focus on manufacturing elevators and escalators, Carrier will provide related products HVAC and refrigeration systems. and United Technologies will be a supplier to the aerospace and defense industries. Shares of United Technologies Corporation declined 6.45% to US $ 119.72 at 10:18 ET.

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