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European cash markets finished lower: the Euro Stoxx 50 closed down 1.49 percent, the DAX closed down 1.03 percent, the CAC 40 closed down 1.62 percent and the FTSE 100 closed down 1.68 percent. UK volume leaders were Lloyds Banking Group down 4.49 percent, Barclays down 4.07 percent, BP up 1.4 percent, HSBC down 4.05
U.S. pending home sales increased 0.3% month over month in August after a revised 2.6% decline in July. The reading compared with estimates for a 2.0% increase.
The New York Fed’s Empire State Manufacturing Index rises to 20.6 in August from 15.6 in the prior month, exceeding market estimates of 11, as U.S. stocks trade mixed.
U.S. stocks traded mostly lower this morning, with the Dow Jones index falling more than 400 points on Wednesday. Following the market opening Wednesday, the Dow traded down 0.78% to 52,334.00 while the NASDAQ declined 0.02% to 24,872.92. The S&P 500 also fell, dropping, 0.04% to 7,426.03. Leading and Lagging Sectors E
U.S. stocks traded mixed midway through trading, with the Nasdaq Composite falling over 100 points on Wednesday. The Dow traded up 0.32% to 52,488.18 while the NASDAQ fell 0.43% to 26,102.23. The S&P 500 also fell, dropping, 0.01% to 7,499.07. Leading and Lagging Sectors Communication services shares jumped by 2% on We