country flagالعربية

US Stocks markets open lower as relations deteriorate

2019-06-14 01:43 pm | Resource: News | No Views : 64

 US Stocks  markets open lower as relations deteriorate

Trading on Wall Street began on Friday after geopolitical tensions in the Middle East increased as the United States sent US missile destroyer USS Mason to the Persian Gulf in response to an attack on two oil tankers in the Gulf of Oman that Washington accuses Iran of.

While Tehran strongly denies involvement. Relations between the United States and China remain difficult as the two countries have yet to reach a trade deal. China has warned Washington against interfering in Hong Kong's internal affairs following protests in the Chinese region over the extradition law. At the same time, tensions caused by the trade war prompted India to consider imposing tariffs on products from the United States.

US industrial production rose 0.4% in May

Industrial production in the US rose 0.4% in May from the previous month, according to data released by the Federal Reserve on Friday.

The main contributor to this figure was Utilities Index, which rose 2.1%. Manufacturing rose 0.2%, and mining output increased 0.1% in May.

On an annualized basis, total industrial production rose by 2% from May 2018. Meanwhile, energy use in the industrial sector in May reached 78.1%, up 0.2 percentage points on a monthly basis but 1.7 percentage points lower than the long-term average.

US retail sales rise 0.5% in May

US retail sales and food services rose by 0.5 percent in May to $ 519.0 billion from a month earlier, the US Census Bureau said on Friday.

Year on year, the figure rose by 3.2%. Meanwhile, from March to May, retail sales rose 3.6% year-on-year.

Retail sales rose by 0.5% from April of this year and rose by 3.1% compared to the same month last year. Retailers rose 11.4 percent from May 2018, while sporting goods, hobby, musical instruments and bookstores fell 4.2 percent year-on-year.

US Stocks Open
  • The Dow Jones lost 0.13% in the first minute of trading.
  • The Nasdaq fell 0.51% as trading started.
  • The S & P 500 fell 0.16% at 15:30 CET.

Other analysis

Best Opportunities, Vision and Technical Analysis for The NASDAQ100 17 April 2019

We offer you the analysis of the NASDAQ 100 index on Wednesday , April 17, 2019 with the most important forecasts for the NASDAQ 100 index in the US market. Time frame Used - four hours The NASDAQ 100 is moving in a bullish direction in the near term. The Nasdaq 100 is still facing resistance and selling pressure around 7670 levels, forming a negative candlestick pattern as the indices…

More analysis

Best trading brokers

All Rights Reserved
Risk Disclaimer: Trading in foreign exchange market (Forex) includes the risks and the possibility of loss. That is why we are keen on providing the highest quality news and analysis concerning the different markets traded. The opinions expressed in the site indicate the opinion of the author only and not the views of the administration or the public, knowing that errors could be encountered and there is a possibility to commit them. Before starting to trade you should carefully consider your investment objectives, and review the level of experience and risk appetite. In some cases, possible high leverage can lead to loss of funds invested, so you can not invest money that you can not handle its possible loss. You should be aware of all the risks associated with foreign exchange trading and seek for advices from an independent financial advisor if you have any does not assume any responsibility after the occurrence of financial loss to the dealer and the user carries full responsibility for the losses resulting from the use of news, analysis and data on the site.