Economy
Friday June 17, 2016
European shares climbed to 3.5%
Wall Street closed Friday after a slight decline in week of retreat by local and global uncertainties, including the British eventual break with the EU. the Dow Jones fell 0.33% and the Nasdaq 0.92%
the Dow Jones Industrial Average down 57.94 points to 17,675.16 and the Nasdaq, dominated by technology stocks, was shot down by Apple and down 44.58 points to 4,800.34 left, according to final data of the session.
Extended index S & P 500 dropped 6.77 points (0.33%) to 2,071.22 units. Apple shares lost 2.3% after an order that prevents him from selling iPhones in Beijing, Chinese authorities because according to the US giant is infringing patents from a Chinese manufacturer.
Wall Street was distinguished from other large bags world that mostly ended higher. However the fall dimmed, the uncertainty is weighing six days of the referendum that will decide whether Britain will break with the EU. This concern adds to the continuing concern about the slow growth of the world economy.
Among the factors of concern to Wall Street analysts mentioned statements by James Bullard, a member of the Federal Reserve (Fed) States that did little more than reiterate that the entity will retain for a time their cautious attitude that led her on Wednesday not to raise interest rates.
• Europe, rising
European shares rebounded on Friday on expectations of traders that the killing of a British-European deputy provoke an anti-Brexit supporters in the June 23 referendum reaction. The FTSE 100 index of London rose 1.2%, the Dax 30 in Frankfurt 0.8% and the CAC 40 in Paris by 1%.
The FTSE Mib Milan had a strong increase of 3.5%, driven mainly by gains in the banking sectors. And the Ibex 35 in Madrid rose 2%.
The day before, the European bourses had ended with major setbacks, following the publication of two surveys that gave a strong lead (5 and 6 percentage) supporters of the output of the United Kingdom of the European Union in consultation next Thursday points.
But the campaign was suspended on Thursday night, after the murder of Labour MP Jo Cox strongly committed to the pro-European cause, a syndicated individual as a member of a neo-Nazi group.
markets, seeking refuge for fear of the consequences of a rupture values were boosted on Friday by the possibility that the shock caused by the murder cut the wings of supporters Brexit.
“the suspension of the referendum campaign after the tragic death of Labour MP Jo Cox returned the taste of risk” stock traders, synthesized Nick Stamenkovic, an analyst at brokerage RIA Capital Markets.
“the positive opening of European stock markets stands in the way of gains registered in the US and Asia, but also can attributed to declining fears that the UK leave the EU, “said his side Mike Van Dulken, of Acendo Markets.
” the idea is that the tragic event bring those undecided vote for the permanence and even reverse the momentum of the supporters ‘Leave’ (Leaving) in recent polls, “he said.
• Rebound in Tokyo
the Nikkei index of the Tokyo stock exchange rose on Friday, rebounding from lows scored four months in the previous session, after the yen stabilized.
The Nikkei rose 1.1% to 15,599.66 points after falling 3.1 percent on Thursday BOJ decision not to offer an additional stimulus, which caused a jump in the yen . The Nikkei accumulated a decline of 6 percent in the week
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