S&P 500 dopped ahead of FOMC minutes

Note: This section contains information in English only.
Source: Dukascopy Bank SA

US stocks extended previous losses on Tuesday on increasing caution ahead of FOMC minutes, ECB policy decision and US labour market data. Corporate reports also weighted on risk-sentiment among market participants. S&P 500 edged down 0.43% to close at 1,379.32. Telecommunications sector limited losses of the index, with AT&T and Ryder System rising 1.31% and 0.41%. Shares of Goodyear Tire & Rubber Company advanced 10.41% as the company's income more than doubled in Q2. Meanwhile, health care industry dragged S&P 500 down after Aetna reported a 15% decline in profits in Q2. Shares of Aetna lost 2.91% on poor quarterly results. Coach was the top-loser, retreating 18.57% as the firm's revenues came below forecasts on weak sales in North American factory stores.

 

Actual Topics

Subscribe to "Fundamental Analysis" feed

Souscrire
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.