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26 Apr 2013
American equity markets a mixed bag at opening
FXstreet.com (Barcelona) - The US stock market failed to break in either direction at the opening, notching mixed results after US economic data. In the United States, Gross Domestic Product Annualized (Q1) grew +2.5%, against expectations of +3.0%. The Personal Consumption Expenditures Prices (QoQ) yielded a figure of +0.9% in Q1, facing expectations of +1.1%. Finally, the Core Personal grew +1.2% in Q1, matching a consensus of +1.2%.
Beginning with the indices and composites, the NASDAQ fell -0.20% as it settles in region of 3284.00, down -6.69 points in these moments. In addition, the S&P 500 is trading in negative territory, operating at 1583.61, descending -1.41 points or -0.09% at the time of writing. Finally, the Dow Jones has edged higher at the opening, trading in the zone of 14711.95, presently +0.08% after a movement of +11.15 points.
Sectors are all moxed at the opening, however the Technology and Basic Materials sectors have distinguished themselves as the losers thus far, falling -0.33% and -0.30% respectively. In other news, the price of crude is testing USD $93.15/bbl Thursday.
Beginning with the indices and composites, the NASDAQ fell -0.20% as it settles in region of 3284.00, down -6.69 points in these moments. In addition, the S&P 500 is trading in negative territory, operating at 1583.61, descending -1.41 points or -0.09% at the time of writing. Finally, the Dow Jones has edged higher at the opening, trading in the zone of 14711.95, presently +0.08% after a movement of +11.15 points.
Sectors are all moxed at the opening, however the Technology and Basic Materials sectors have distinguished themselves as the losers thus far, falling -0.33% and -0.30% respectively. In other news, the price of crude is testing USD $93.15/bbl Thursday.