Tickers in this article: SPY, DIA, QQQ, IWM The U.S. markets moved lower over the past week, as of Thursday's close, driven by the increasing likelihood that the Federal Reserve will hike interest rates in December and renewed weakness in the energy markets. The market is concerned that an interest rate hike may be premature given the weakness abroad, while regulators are likely concerned with expanding consumer credit and lofty equities. International markets followed the U.S. market lower over the past week, as of Thursday's close. Japan's Nikkei 225 rose 0.7%; Germany's DAX 30 fell 1.87%; and, Britain's FTSE 100 fell 2.57%. In Europe, industrial output fell for the second straight month in September. In Asia, China's factory growth hit a new 7-month low in October, while investment expansion slowed to its slowest pace since 2000. Refine Your Financial Vocabulary Sign up to receive our FREE Term of the Day newsletter. Gain a better understanding all things financial with technical and easy-to-understand explanations. Click here to begin developing your financial language with this daily newsletter. Disclosure - At the time of writing, the author did not own shares of any company mentioned in this article.
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