Stock index futures of the United States went down, showing a sign that the Standard & Poor’s 500 index will also go down for the eighth time in nine days , prior to a report on unemployment claims that have increased anxiety about the country’s recovery from its economic problems.
Chevron Corp has gone down by 0.5% in Germany as oil traded almost on a five week low due to anxiety over declining recovery of the economy when US Boeing co and DuPont Co, two stocks that have been reliant on each other on economic growth, declined over 0.7%.
Kraft Foods Inc has gone up by 3.1% after their announcement of plans to spin off their grocery business in the North American region.
Futures on the S&P 500 that are due in September went down by 0.8% to 1,244.90 in the morning in New York. Dow Jones Industrial Average futures have declined by 74 points or 0.6% to 11,744.
According to Jane Coffey who is the head of equities in the Royal London Asset Management, “Everybody is nervous about the outlook. Politicians aren’t getting their act together particularly convincingly. There certainly seems to be very little risk appetite amongst investors.”
US equities went up yesterday which has made a good measure of prevention to avoid the longest decline in the Dow average since 1978, amidst various predictions that the Federal reserve will initiate another quantitative easing program to save the country from any possible recession.
Tags: New York City, Chevron Corp, royal london, United States, possible recession, longest decline
My daughter has been sick with a very mysterious illness that 5 doctors could not figure out. Her name is Clare, but not totally after Clare of Assisi. I had an ephiphany that if the doctors could not help her maybe St. Clare can. I prayed and prayed for nine days. Nine days later, it was a miracle. Saint Clare saved my daughter! After hundred of doctor trips and endlessly hearing they do not know, St. Clare pulled through after nine days and helped them figure out what was wrong with her. I have so much faith in St. Clare and everyone else should as well. Thank you St. Clare.
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Herr G eaGle, this is the first time I have seen you without wordes.
hmh, Thank you. I admit to a certain amount of preening when I saw the results
Litlove, Thank you, this was the seventh or eighth time I have attemted to photograph fireworks. This is the first time I have been happy with the results. Oh yes, I managed to cut the tops off some of the displays