The main stock indices in USA They are trading at a loss on Tuesday, after an uneven opening. Data showed a strong advance in producer prices in October. Now the market awaits consumer prices, amid rising bets on rates for the Federal Reserve before it was planned.
The S&P 500, reference of Wall Street of 500 components, it yields -0.28% to 4,688.76 units. The index Dow Jones, made up of the shares of 30 industrial giants, lost -0.38% to a level of 36,294.29 points. The Nasdaq, with a high technological component, yields -0.32% and stands at a level of 15,931.19 units.
“The economic data of the producer price index reached 8.6% in annualized terms (0.6% monthly), maintaining pressure on corporate profit margins and US consumer prices (rising to 5.8%) as of tomorrow” , the investment platform eToro explained in a report.
Among the issuers, the announcement of General Electric stands out, which plans to separate into three, which raised its share price strongly. At the moment, the firm’s shares jump 6.10% to a level of $ 115.03, its highest level since May. Near the opening, General Electire shares were up 15 percent.
Reference-www.eleconomista.com.mx