New York Times December 11, 2013 et 10: 32 am
1/2. Citigroup trader Thomas Ferrigno (L)-story on the New York Stock Exchange on December 10, 2013, the price of a professional trader Anthony Matesic (R).
Credit: Reuters/Brendan McDermidNew York (Reuters)-Wall Street fell modestly Wednesday as investors reached a temporary budget deal Wahington as a result of the United States Federal Reserve Board weighs the possibility of wind-down of stimulus.
Late Tuesday, the Government shut down parts of the agreement culminated in October with financial instability and impasse in Washington would end three years of.
««How to get rid of the key uncertainties hanging over the trading market is the Central Bank of the United States while some expectations may scale back as soon as the stock market rally earlier this year stimulates the 85 billion dollars a month for fuel strengthens says.
"Right now, the market is sort of taking all this. All eyes are what (fed) in December, some better, more capable deal to end political uncertainty while removing the "said Karin Cana, spend United States investment management and market strategy in New York.
"We didn't have a great start in December, but it's still a Santa Claus rally, higher than expected and now look forward to the end."
Investors are betting the Federal Reserve Board policy meeting to be big on December 17-18, to move forward in the absence of economic data the market hesitant.
The Dow Jones industrial average : dzi27.33 points, 0.17 percent, to 15, to 945.8, S P 500 fell &.SPX, NASDAQ Composite , 1 797.58 5.04 points, or 0.28 percent, to lost. I X I C 11.343 dropped 0.28 percent, 049.147 points, or 4.
"I still have my eyes, S P 500 index's 1800 & level," Brian Sapp, the customer reference in Schaefer's investment research senior trade analyst said.
"The market saw support there twice (Tuesday). In the future, although you can go down the first-round failure could result in potentially in 1780 or so jobs report last week, prior to the low. "
Company news, master Inc (MA.N) its quarterly dividend, to 50 cents to $ 1.10 per share and announces new $ 3.5 billion buyback program in early trading to $ 798.47, sending shares up 4.6 percent.
Twitter share (TWTR.N) briefly retreated 1.3% down to $ 51.30 in trading before the open and hit a new high of $ 52.73 shortly after.
Costco Wholesale Corporation (cost.O) shares slipped 2.4 percent to $ 117.13 retailer's first quarter profits due to lower gasoline prices and weak foreign currencies in January after missing expectations.
Mining equipment maker Joy Global Inc (joy.N) expect the miners had cut spending after reporting quarterly profits and a lack of projected 2014 revenue below analyst forecasts. The stock fell 4 percent to $ 53.73.
The expected economic data on Wednesday at 2: 00 p.m. at the Treasury's monthly budget for November includes data
(Bernadette Baum edit)
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