The American market is weak. Focus on rates

New York Stock Exchange well set at the turning point

(Finance) – Last session of the week with a decline for the Wall Street stock market at the end of a turbulent eighth characterized by central banks and the outcome of the European elections.

The market continues to look to the Fed after the new encouraging data on theinflation, with producer prices having cooled more than expected. Given that it could convince the US central bank to adopt more accommodative positions. At the moment the Federal Reserve expects a single interest rate cut of 25 basis points between now and the end of the year.

On the first findings, the Dow Jones it loses 0.40%, continuing the series of four consecutive declines that began last Tuesday; along the same lines, gives sales theS&P-500, which retreats to 5,416 points. Almost unchanged Nasdaq 100 (-0.11%); fractionally decreasingS&P 100 (-0.2%).

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