The main stock indices of the US market operate with moderate losses. Wall Street backs down amid worries about possible interest rate hikes on the Federal Reserve, predicted after data showed a United States economy you are on the right track.
The market reference, the S&P 500, made up of the shares of the 500 strongest firms in the market, yields -0.28% to 4,687.87 points. The main index Dow Jones, out of 30 industrial giants, falls -0.45% to 35,979.03 units. The technological index Nasdaq it moves -0.31% to 15,924.99 units.
The most recent economic data showed that the US economy remains strong and investors fear that the central bank will decide to raise its interest rates early to contain inflationary pressures, which in October marked its highest year-on-year movement in 30 years.
Among the subsectors of the S&P index, the advance of consumer companies stands out, after yesterday a number of retail sales was disclosed well above that expected by analysts. Among the 30 listed on the Dow Jones, the fall of Visa stands out, hit when facing Amazon.
The actions of Visa fall -5.23% to 203.93 dollars per share after a confrontation with Amazon, which threatened not to accept cards from Visa affiliates in Great Britain, due to the increase in fees it implemented. “In this duel of forces, the retail giant seems to be leading the way,” eToro said.
Reference-www.eleconomista.com.mx