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23 Aug 2016

Wall Street Lower as Investors Await Yellen Speech

Wall Street Lower as Investors Await Yellen Speech


Investors continue to watch developments and comments in the lead-up to the speech for clues about the direction of interest-rate policy.


U.S. stocks ended little changed Tuesday as investors weighed U.S. economic data that came in largely as expected by the Federal Reserve. Economic growth is expected to pick up in coming months, Federal Reserve Vice Chairman Stanley Fischer said earlier in the day.


The Dow Jones industrial average fell 23 points, or 0.1%, to 18,529.42. The Standard & Poor's 500 index fell 1.23 points, or 0.1%, to 2,182.64. The Nasdaq composite rose 6.22 points, or 0.1%, to 5,244.60.


Oil prices fell in early trading Tuesday, paring some of the gains from last week's rally and dampening hopes for a recovery in the commodity.


U.S. crude fell about 3% to $46.81 a barrel in electronic trading on the New York Mercantile Exchange. Brent crude, the international benchmark, fell 3.4% to $49.17 a barrel.













Editor : Bambang Priyo Jatmiko
Source : USA Today,

http://bisniskeuangan.kompas.com/read/2016/08/23/060238426/investor.tunggu.pidato.yellen.wall.street.ditutup.melemah

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