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New York (Benchmark News) – The stock market on Wall Street could potentially move strengthened on the trade Tuesday (13/12/2016). Investors are waiting for the results of the meeting of The Fed.
Meeting the Fed conducted the FOMC will take place over two days from today. Investors expect rising interest rates for the first time the year 2016.
European exchanges are moving positively with Stoxx 600 index nik 0.8 percent. In Asian exchanges have also been in positive area such as the Shanghai index rising thin 0.08%, Nikkei index rising 0.5 percent,
For the oil market kind of Brent rose 1.2 per cent to US $56,36 a barrel. While the type of crude oil WTI rose 0.9 percent to US $53,35 per barrel.
Today the International Energy Agency (IEA) will release monthly data on u.s. oil supply. The IEA predicted demand for crude oil in the global market will increase. But the impact of a plan trimming oil production is uncertain. Meskipunada agreement between OPEC and non-OPEC.
Stocks on Wall Street ended vary on Monday (12/12/2016), with the Dow Jones Industrial Average extend its record six consecutive sessions be strengthening, as investors await a crucial monetary policy meeting of the US Federal Reserve.
Index Dow Jones Industrial Average rose 39.58 0.20 points or percent to close at 19,796.43 points. Meanwhile, S&P 500 index down 2.57 points or 0.11 percent to end at 2,256.96 points, and the Nasdaq composite index decreased 31.96 points or 0.59 per cent to 5,412.54 points…(Red).
