综合一区欧美国产,99国产麻豆免费精品,九九精品黄色录像,亚洲激情青青草,久久亚洲熟妇熟,中文字幕av在线播放,国产一区二区卡,九九久久国产精品,久久精品视频免费

Make me your Homepage
left corner left corner
China Daily Website

Wall Street little changed as Fed set to meet

Updated: 2013-12-18 00:01
( Agencies)
US stocks edged lower on Tuesday as the Federal Reserve prepared to begin its last policy-setting meeting of the year.

Although many in the market expect the Fed to begin to wind down its market-friendly $85 billion a month in asset purchases in March, some are betting on an earlier tapering of stimulus after a recent string of better-than-expected economic data.

US consumer prices were flat in November, but a bounce back in the annual inflation rate from a four-year low will probably give the Fed cover to start the taper. Separate data showed the US current account deficit was the smallest in four years in the third quarter as exports increased and more income was earned abroad.

The Fed has said its current policy is data-dependant, and some market participants believe the US central bank will upgrade its estimates for economic activity after a two-day meeting that is set to begin later on Tuesday.

"The Fed meeting begins today so I don't expect the market to do much after yesterday's strong performance," said Peter Cardillo, chief market economist at Rockwell Global Capital in New York.

"The news remains consistent with an economy that continues to gain traction and the market has discounted a Fed move."

The Dow Jones industrial average rose 8.28 points or 0.05 percent, to 15,892.85, the S&P 500 lost 3.49 points or 0.2 percent, to 1,783.05 and the Nasdaq Composite dropped 6.391 points or 0.16 percent, to 4,023.126.

KKR & Co said Monday it would acquire its specialty finance company KKR Financial Holdings in a $2.6 billion deal, paid for with KKR shares trading at an all-time high. KFN shares rose 27.5 percent to $12.05 while KKR slipped 2.9 percent to $24.36.

Facebook shares rose 1.8 percent to $54.81 after the Wall Street Journal reported the social network will begin selling video ads later this week.

Shares of 3M rose 2.6 percent to $131.02 after the industrial conglomerate affirmed its outlook and raised its dividend.

AT&T said it would sell its wireline operations in Connecticut to Frontier Communications for $2 billion in cash, partly to fund the expansion of its 4G network. Frontier shares jumped 8.5 percent to $4.77.

Boeing's board raised the company dividend about 50 percent on Monday and approved $10 billion in new share buyback authority that the company said it would use in the next two to three years. Shares rose 1.8 percent to $137.12.

 
Hot Topics
Sea-level rise since the Industrial Revolution has been fast by natural standards and may reach 80 cm above today's sea-level by the year 2100 and 2.5 m by 2200 even without development of unexpected processes, according to a new research made public on Friday.
...
...
蕉岭县| 方城县| 根河市| 静乐县| 夏津县| 兴山县| 依安县| 额济纳旗| 涞源县| 衡山县| 喀什市| 洛宁县| 葵青区| 阿瓦提县| 南康市| 竹溪县| 南涧| 邳州市| 丽水市| 南陵县| 滁州市| 腾冲县| 平泉县| 噶尔县| 通山县| 岳普湖县| 申扎县| 东兴市| 杭锦后旗| 民勤县| 金寨县| 彩票| 绥化市| 玛沁县| 霍州市| 滁州市| 准格尔旗| 金塔县| 罗江县| 齐河县| 呼和浩特市|