U.S. stocks ended more than 1 percent lower on Wednesday after rallying the day before, led by declines in Apple shares and in energy companies, which fell with oil prices Indexes down: Dow 1.5 pct, S&P 1.4 pct, Nasdaq 1.2 pct SP500 Futures: 1. Rejection of higher levels 2. Pull back resistance still valid 3.
Returning from a holiday, Wall Street picked up its pace after weak Chinese economic data bolstered hopes of more stimulus measures from the central bank and Brent crude advanced. Speculations that the Fed will increase interest rates next week pushed Treasury yields higher. A retreat in the dollar index helped gold snap a four-day losing
Forming a triangle, wont last much longer- Stocks tumbled after a mixed U.S. jobs report kindled uncertainty over whether the Fed will raise interest rates in two weeks, while medium- and long-dated Treasuries advanced. The dollar lost its ground against a basket of major currencies. Oil fell on oversupply concerns and gold dropped.
