Categories: world

Yahoo Finance Market Update: December 17, 2018

US. Shares are traded side by side on Monday before a heavy week with market catalysts.<p class = "canvas-atom canvas text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" = "text" content = "S & P 500 & nbsp; (19659002) ^ GSPC ) fell 0.04% or 1.02 points, from 11:11 ET. Dow ^ DJI ) fell 0.1 ) rose 0.09% or 6.62 points. "Data Reaction Time =" 16 "> S & P 500 fell 0.04% or 1.02 points, starting at 11:11 am ET. Dow (^ DJI) fell 0.16%, or 38.2 points, while Nasdaq (^ IXIC) increased 0.09% or 6.62 points. <p class = "canvas-text 0) – sm Mt (0.8em) – sm" type = "text" content = "Russell 2000 ( ^ RUT ) small capital index is about to come in in a bear market if it closes lower by at least 20% from August to August of 1,740.75 points, which would mean that the closing would be below or below 1.392.59 points. The index hit an intraday low of 1.392.22 points on Monday morning ET before they recovered. "Data-Reaction =" 17 "> The Russell 2000 Small-Cap Index (^ RUT) is on track to enter a bear market if it closes lower by at least 20% from its high August at 1,740.75 point. This would mean closing at or below 1.392.59 points. The index met an intraday cap of 1.392.22 points on Monday morning ET before they recovered something.Equities took a fight last week and are fighting for a…

US. Shares are traded side by side on Monday before a heavy week with market catalysts.

<p class = “canvas-atom canvas text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm” = “text” content = “S & P 500 & nbsp; (19659002) ^ GSPC ) fell 0.04% or 1.02 points, from 11:11 ET. Dow ^ DJI ) fell 0.1

) rose 0.09% or 6.62 points. “Data Reaction Time =” 16 “> S & P 500

fell 0.04% or 1.02 points, starting at 11:11 am ET. Dow (^ DJI) fell 0.16%, or 38.2 points, while Nasdaq (^ IXIC) increased 0.09% or 6.62 points.

<p class = “canvas-text 0) – sm Mt (0.8em) – sm” type = “text” content = “Russell 2000 ( ^ RUT ) small capital index is about to come in in a bear market if it closes lower by at least 20% from August to August of 1,740.75 points, which would mean that the closing would be below or below 1.392.59 points. The index hit an intraday low of 1.392.22 points on Monday morning ET before they recovered. “Data-Reaction =” 17 “> The Russell 2000 Small-Cap Index (^ RUT) is on track to enter a bear market if it closes lower by at least 20% from its high August at 1,740.75 point. This would mean closing at or below 1.392.59 points. The index met an intraday cap of 1.392.22 points on Monday morning ET before they recovered something.

Equities took a fight last week and are fighting for a turn to compensate current losses for the year. S & P 500 was approximately 2.75% during the year when the market closed Friday.

<p class = “canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm” type = “text” content = “President Donald Trump continued his press campaign against the Federal Reserve in a tweet on Monday states that “a very strong dollar and virtually no inflation” in the US should signal to the Federal Reserve not to raise interest rates. The US dollar index has risen 5.8% so far This year, while the core rate of personal consumption expenditure, the price index – Fed’s preferred inflation meter – is below the Fed inflation target of 2% at the October meeting. & nbsp; “Data Reaction =” 20 “> President Donald Trump continued his press campaign against the Federal Reserve in a tweet on Monday, saying that “a very strong dollar and virtual yes no inflation” in the US should signal to the Fed not to raise interest rates. The US dollar index has risen 5.8 percent so far this year, while the core price personnel price index – Fed’s preferred inflation meter – is below the Fed inflation target of 2 percent at the October reading.

<p class = “canvas-atom canvas text Mb (1.0em) Mb (0.8em) – sm” type = “text” content = “Washington is just five days away from a partial state shutdown, with funding expiring on several major federal agencies at the end of the week. Legislators have struggled to reach an agreement on expense accounts in the midst of a standoff over Trumps proposed border wall Trump has pushed $ 5 billion for wall financing, but Democrats are not willing to give more than $ 1 billion. If the shutdown is realized, the third federal funding gap will be marked in 2018. Although a long federal shutdown could eventually run over debt-related issues, financial deficits have historically otherwise caused some major ripples in the stock market . “data-reactid =” 22 “> Washington is b ara five days away from a partial state shutdown, with funding expiring on several major federal agencies by the end of the week. Legislators have struggled to reach an agreement to spend bills in the midst of a standoff over Trump’s proposed border wall. Trump has driven $ 5 billion in wall financing, but Democrats are not willing to give more than $ 1 billion. If the shutdown is realized, it will mark the third federal funding gap in 2018. Although a long federal shutdown could ultimately run into debt-flow risks, funding gaps have historically caused some major ripples in the stock market.

<p class = “canvas-atom canvas text Mb (1.0em) Mb (0) Monday left Their first criminal charges against Goldman Sachs ( GS ) and several former employees allegedly facilitate the stealing of $ 2.7 billion in government bonds issued by 1Malaysia Development & nbsp; ] Berhad (1MBD) & nbsp; which raised $ 6.5 billion. The prosecutors seek fines from Goldman Sachs and accused individuals of over $ 3.3 billion, consisting of the allegedly misappropriated amount plus $ 600 million in fees Goldman received the deal. The bank said the charges were “wrong” and that it intended to “vigorously defend them.” The shares in Goldman Sachs fell 1.78% to $ 169.69 every 11:01 ET ET and bounced a little after having meet t a new 52-week low of Malaysia on Monday left its first criminal charges against Goldman Sachs (GS) and several former employees allegedly facilitating the $ 2.7 billion robbery in government bonds issued by 1Malaysia Development Berhad (1MBD) which raised 6.5 billion dollars. The prosecutors are seeking fines from Goldman Sachs and they accused individuals of over $ 3.3 billion, which includes the alleged wrong amount plus $ 600 million in fees received by Goldman for the Banks said the charges are “wrong” and that it intends to “vigorously defend them “. Shares in Goldman Sachs fell 1.78% to $ 169.69 every 11:01 ET ET and bumped a little after the new New 52-week low of $ 168.05 per share.

GOOGL ) said that it will invest 1 billion dollar on a new 1.7 million square foot campus in New York City Alphabet CFO Ruth Porat said in a blog post Monday. Google’s current New York City office holds more than 7000 employees, and the new campus has the potential to more than double the company’s NYC number in the next decade. Google announced this year that it had purchased the Chelsea Market for $ 2.4 billion. The GOOG, Google’s parent company, increased 0.17% to $ 1.043.92 per 11:05 ET. “Data Reaction =” 40 “> Google (GOOG, GOOGL) said it will invest $ 1 billion in a new 1.7 million square foot campus in New York City, says Alfred CFO Ruth Porat in a blog post on Monday. Google’s current New York City office accommodates more than 7,000 employees and the new campus has potential to more than double the company’s NYC number in the next decade. Google announced this year that it purchased the $ 1.5 billion buy-in and Chelsea Market shopping complex. GOOG, Google’s parent company, increased by 0.17% to $ 1 043.92 per 11: 05.00 ET.

<p class = “canvas-atom kanvastext Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm” type = “text” content = ” Healthcare shares came under pressure after A federal judge in Texas governed the Constitution’s Economic Careers Act on Friday. The referee said the law had to be shut down since the 2017 Congress canceled a tax penalty not to buy health insurance which had been the basis of the Supreme Court 2012 Declaration of Law Constitutionally, companies exposed to Medicaid and Obamacare public exchanges tumbled on Monday. Centen Corporation (19459057) CNC ) and Molina Healthcare ( MOH ) as JP Morgan analysts said each and every one carries more than 40% EPS exposure for ACA fell 6.66% and 13.65% as of 11:06 ET. “Data Reaction =” 41 “> Healthcare shares were under pressure after a federal judge in Texas ] governed the law on financial management on Friday’s administration. The judge said the law had to be shut down because the Congress in 2017 lifted a tax rebate not to buy health insurance, which had been the basis of the Supreme Court 2012, which declared the Constitution Act. Companies exposed to Medicaid and Obamacare public exchanges tumbled on Monday. Centene Corporation (CNC) and Molina Healthcare (MOH), as JP Morgan analysts say each has more than 40% EPS exposure for ACA, fell 6.66% and 13.65% respectively from 11:06 ET.

ECONOMY: Empire State Manufacturing Index falls to 19 months low

<p class = “canvas atom ca nvas text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm” type = “text” content = ” Empire State Manufacturing Index fell 12.3 points in December to 10.9, & nbsp; the lowest reading since May 2017, New York Fed said in a statement Monday . The consensus expectations were for a 20-headline readout, according to Bloomberg. The results indicate that the operations in the New York state are growing at a slower pace than in recent months. The price-paid index fell to 39.7 a month, indicating a decline in price increases . The companies were somewhat less optimistic with the six-month outlook than last month, with the index for future business terms that drop three points to 30.6. However, the index for the number of employees jumped 12 points to 26.1, indicating very strong growth in employment levels New York Fed. “Data Reaction =” 43 “> The Empire State Manufacturing Index dropped 12.3 points in December to 10.9, the lowest reading since May 2017, New York Fed said a statement Monday. Consensus expectations were for a headline reading of 20, according to Bloomberg. The results point to business in New York are growing at a slower pace than in recent months. The price-paid index dropped to 39.7 a month, indicating a deceleration in the price increases. Companies were slightly less optimistic over the six-month outlook compared to the previous month, with the index for future business terms falling three points to 30.6. The index for the number of employees, however, jumped 12 points to 26.1, indicating very strong growth in employment levels, said New York Fed.

<p class = “canvas atom canvas-tex t Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm” type = “text” content = “” On the side of it this drop in the Empire State Index seems to be a sharp decline in the national ISM manufacturing index, to maybe 56, from 59.3 in November, “said Ian Shepherdson, chief economist of Pantheon Macroeconomics. “However, the sub-indices in the Empire State survey were much less bad than the headline, with a very surprising 14-point jump in the employment index that substantially compensates for orders, deliveries, and inventory reductions.” “data-reaction time =” 44 “>” To the front of this, this decline in the Empire State Index sees a sharp decline in the national ISM manufacturing index, to maybe 56, from 59.3 in November, said Ian Shepherdson, chief economist of Pantheon Macroeconomics, said in a note. “However, the sub-indices in the Empire State survey were much less bad than the headline, with a surprisingly 14-point jump in the employment index, which largely compensates for decreases in orders, deliveries and inventory.”

<p class = “canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm” type = “text” content = “National Association of Home Builders index track homebuilder sentiment fell in December to the lowest level since May 2015, based on NAHB’s latest report . The index decreased 4 points in December to 56 while consensus estimates had required a 60-month headline reading. positive in terms of feelings. Of the three components of the index, current sales decreased 6 points to 61, sales expectations for the next 6 months decreased 4 points to 61, and bus traffic decreased 2 points to 43. “Data-Reaction =” 45 “> National Association of Home Builders Index tracking of homebuilder sentiment fell in December to the lowest level since May 2015, based on NAHB’s latest report. The index decreased 4 points in December to 56 while consensus calculations had required a 60-month headline reading. Readings over 50 of the index’s three components decreased current sales 6 points to 61, sales expectations for the next 6 months decreased 4 points to 61, and bus traffic decreased 2 points to 43.

<19459003] <p class = “canvas-atom canvas- text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm “type =” text “content =” “” We belong to builders who demand consumers, but customers hesitate to make a purchase due to rising home, “says NAHB.” “data-reactionid =” 46 “>” “We belong to builders who demand consumers, but customers hesitate to buy due to rising home costs,” Sade NAHB.

<p class = “canvas atom canvas text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm” type = “text” content = ” Emily McCormick is a reporter for Yahoo Finance. & Nbsp; Follow her on Twitter: @emily_mcck “data-reactid =” 48 “> Emily McCormick is a reporter of Yahoo Finance. Follow her on Twitter: @emily_mcck

< p class = “canvas atom kanvastext Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm” type = “text” content = ” Follow Yahoo Finance on Twitter & nbsp; Facebook & nbsp; Instagram & nbsp; Flipboard ] LinkedIn and & nbsp; reddit . & nbsp; “data-reactid =” 49 “> Follow Yahoo Finance on Twitter ] Facebook, Instagram, Flipboard, LinkedIn and Reddit.

<p class =” canvas-atom canvas- text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm “type =” text “content =” Read more from Emily “data-reactid =” 50 “> Read more from Emily:

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<p class =” canvas atom canvastext Mb (1.0em) Mb (0) – sm Mt Netflix user development picks expectations, shares spike “data-reactid =” 52 “> Netflix user development picks expectations, shares spike

<p class (0.8em) – sm” type = “text” content = ” = “canvas-atom canvas text Mb em) Mb (0) – sm Mt (0.8em) – sm” type = “text” content = “ Now it’s a” once in a lifetime “says & nbsp; “data-reactid =” 53 “> Now,” one time in the life to invest in American pottery companies, says investors

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<p class =” canvas-atom canvas text Mb (1.0em) Mb (0) China’s slow economy could be a problem for Apple “data-reactid =” 56 “> China’s slow economy can be a problem for Apple 19659021]
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