The stock market kept falling in the day. EBay earnings failed to offset the decline in consumer confidence.
The uncertainty is large and many investors are waiting for the next catalyst to make their entry in the markets.
Protests in Hong Kong remain as a political concern and also remain the rumors that the Fed may raise the interest rates sooner than anticipated.
Investors are making their analyzes to assess whether growth is strong enough to withstand the rise in interest rates.
The SP500 fell about 1.75% in September, with the Fed on course to end its monthly bond buying program, in October.
Later this week, data from the manufacturing and services industries will be released, in addition to the government’s monthly labor report.
The reporting of quarterly results from Alcoa Inc., on October 8, will kicks off the earnings season.
Very good information to keep in mind.
This summary is very useful! Thanks.
Thank you for the informative post!
Thank you for all the information.
Very important article that we should follow the developments.
I will keep eye on the situation in Hong Kong.
good point of view
Nice stuff. Keep it coming.
Good post .