Feb 21, 2013
American equity markets unable to rebound Thursday
The US Stock market experienced a definitely negative opening Thursday, as the drama and fears of yesterdays collapse carried over into today, compounded by the release of uneven economic data out of the United States. In the United States, the Consumer Price Index (YoY) grew +1.6% in the month of January, in like with consensus expectations. Moreover, the Consumer Price Index (MoM) was unchanged in January, missing estimates calling for +0.1%. The Consumer Price Index ex Food and Energy (MoM and YoY) was reported at +0.3% in January (vs. 0.2% expected) and +1.9% in January (against projections of +1.8%) respectively. Finally, Initial Jobless Claims (February 17) yielded a figure of 362K, against 355K expected.
Baca lagi
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