Страници

Tuesday 15 May 2018

US indices started correction down

Trading on US stock exchanges began with a decline in major indices on Tuesday, which recently lost 0.6-0.8%. Investors fixed their profit after several days of growth, as well as against the background of the excess of the yield of 10-year treasury bonds by 3%. Statistics at the same time showed a slowdown in growth in retail sales in April from 0.8% to 0.3%, as expected. The increase in the indicator for March was revised from 0.6%. Production reserves in March did not change (it was expected + 0.1%).
The S & P500 index rebounded down from the resistance of 2750 points, which was raised the day before. If the indicator does not manage to return to 2720 points at the end of the day, the probability of accelerating the fall in the Bollinger average area of ​​the daily chart (2680 points) will increase.
European index EuroStoxx 50 by the end of the day fell by less than 0.1%.


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