The US stock markets continued their negative trend: The Dow Jones Index of the default values, lost 2.1 percent to 23.592 points. In the trade he fell in the meantime to the lowest level since the beginning of April.
the broader S&P 500 lost 2.1 percent to 2545 counter – the lowest closing price since around 14 months. The Index of technology exchange Nasdaq fell by 2.3 percent to 6448.
In the last minutes of trading had recovered the courses from their daily lows by about the Dow is still around 120 and the Nasdaq gutmachten about 40 points. In Frankfurt, the Dax index had closed 0.9 percent lower at EUR 10,772 points.
market strategist Thomas Altmann from the asset Manager, QC partner, spoke of a “Salami-Crash”: in a piecemeal way, it’ll go down with the rates. Investors shares pushed currently in great style.
The above-average growth of the US economy is likely to hardly continue, said investment strategist Karen Ward, the Bank JPMorgan. The “sugar rush” of fiscal stimulus, the government Trump decay. This is mainly due to the trade of the enemy course of the U.S. government. Companies are therefore likely to shift investment and profits rise less rapidly.
courses: uncertainty of a profit warning British Online fashion retailer Asos provided. “Investors are scared,” said a Fund Manager Kim Forrest by the asset Manager Fort Pitt Capital Group. The profit warning raises questions of how strong the Christmas sales of the retail trade will fail.
With a slide of 4.5 percent on Wall Street, in particular, Amazon is under pressure, suffering from the news of Asos.
In the Minus also insurers quoted. UnitedHealth about 2.6 percent to gifts. Trigger is the decision of a judge in Texas, which ranks the health-care reform, Obamacare as unconstitutional.
Goldman Sachs lost 2.8 percent. Malaysia has accused the investment Bank because of their involvement in the corruption scandal to the state Fund 1MDB. The country calls for compensation for damages in the billions.
Twitter shares rustled by almost seven percent in the cellar. The short message platform, had reported on a possible Hacker attack.
Because of the report on asbestos-contaminated baby powder, the papers of Johnson & Johnson lost a further 2.9 per cent. As the Reuters news Agency, after evaluation of company documents, internal Reports, and confidential documents had been reported, knew the manufacturer of Penaten baby care, apparently, for decades of the existence of the harmful substance in its powder.