Wall Street moved down after FOMC minutes

Note: This section contains information in English only.
Source: Dukascopy Bank SA
The Wall Street closed in red after a release of the FOMC meeting minutes that showed the Fed may ease or even halt its growth-boosting activities earlier than planned. Furthermore, weaker-than-expected data from the US real estate market put pressure on US equities. The S&P 500 dropped 1.24% to close at 1,511.95. All industries included in the index slid. Meanwhile, some consumer goods companies moved higher, being supported by J.C. Penney Company Inc. and Monster Beverage Corp that advanced 2.96% and 1.99%. On the downside, Chesapeake Energy Corp. shed 0.59% after the board of directors announced it completed the review of Chief Executive Aubrey McClendon's dealings and found no wrongdoings. Garmin dipped 9.43% after posting a 22% decline in Q4 earnings. Nabors Industries sagged 7.39% as the firm reported that its earnings recovered in Q4 but lowered its earnings forecast for the first quarter. Newfield Exploration Company skidded 9.34% after reporting that the company swung to loss in Q4.

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