Wall Street closing down, fears of military strikes in Syria


Wall Street finished lower Wednesday, undermined by tensions between Washington and Moscow, while the United States threatening military action in Syria, an ally of the Russian, after a chemical attack alleged by the regime in Damascus (Photo: Drew Angerer. Getty)

Wall Street finished lower Wednesday, undermined by tensions between Washington and Moscow, while the United States threatening military action in Syria, an ally of the Russian, after a chemical attack alleged by the regime in Damascus.

According to the final results at the close, the index featured Dow Jones Industrial Average, was down 0.90% to 24.189,45 points.

The Nasdaq, in high coloring technology, has lost 0,36% to 7.069,03 points.

The expanded index S&P 500 dropped 0.55 percent to 2.642,19 points.

“The market seems to be stuck in an environment of risk between Syria, the customs duties chinese-americans and the investigations involving Donald Trump. All this information creates a lot of anxiety,” said Nate Thooft of Manulife AM.

Donald Trump has warned Wednesday of a retort to western impending from the bombardment of chemical alleged in Syria, bringing the tension with Moscow at its peak since the beginning of this crisis.

He holds Syria and Russia to “responsible” for this attack, according to his spokesperson.

This event is the latest instalment of a series of uncertainties related to the current tenant of the White House.

“It must be borne in mind that there are five or ten years all these new, combined, would have been disastrous for the markets. Despite the decline Wednesday, the brokers are still relatively calm,” observed Mr. Thooft.

The decision of the republican Paul Ryan, the third the most important person in american politics, not to run for re-election, has also influenced the indices, according to Ken Berman Gorilla Trade.

– Season results –

The publication of the minutes of the last meeting of the u.s. central bank also seemed to weigh, the Fed has shown itself to be more optimistic about an increase of inflation towards the 2% target, which could encourage it to raise its rates at a faster pace than anticipated.

The index of consumer prices (CPI), which was shown in march to 2.1% year on year, excluding cost of energy and food.

The increase in interest rates makes financing costs higher for companies.

The bond market has progressed: the borrowing rate to 10 years of the United States fell to 2,781%, compared to 2,801% Tuesday night, and one to 30 years 2,993%, compared to 3,021% the day before.

Among the values of the day, Delta has decreased (-1,70% to 51.47 dollars), while the airline will informally on Thursday, the top start of the results season in the first quarter of 2018 in the United States.

General Electric (NYSE:GE) decreased (-0,61% 12,97 dollars). The research group financial Cowen has advised in a note to”avoid” investing in the group and lowered its forecast of being $ 15 to $ 12.

The group 21st Century Fox (Murdoch) has lost 0.25% to 36,18 dollars. The american channel of television, Fox said on Tuesday cooperation with the european Union (EU) after the latter conducted an unannounced inspection at its premises in london on suspicion of interference with free competition.

Facebook (NASDAQ:FB) advanced 0.78% to 166,32 $ the day after its best session since April 2016. After a hearing of Mark Zuckerberg on Tuesday in the Senate, the president and CEO of the social network is again expressed on Wednesday before the house of Representatives.

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