Wall Street’s main indexes started the day modestly higher. Disappointing Retail Sales report weighs on market sentiment. Defensive sectors in the positive territory on Wednesday. Major equity indexes in the US started the day slightly higher on Wednesday as investors await fresh developments surrounding US stimulus talks and assess the latest data from the US. As of writing, the Dow Jones Industrial Average was virtually unchanged on the day at 30,175, the S&P 500 was posting small gains at 3,698 and the Nasdaq Composite was up 0.04% at 12,601. Earlier in the day, the data published by the US Census Bureau revealed that Retail Sales in November fell by 1.1% on a monthly basis. This reading came in worse than analysts’ estimate for a decline of 0.3% and weighed on the market sentiment. Among the major S&P 500 sectors, the defensive Utilities Index and the Real Estate Index both gain around 0.6% to confirm the cautious market mood. On the other hand, the Energy Index is down 1% as the biggest decliner in the early trade. Later in the session, the FOMC will release its Monetary Policy Statement and Economic Projections. S&P 500 chart (daily) FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next AUD/USD ignores soft US retail sales numbers as traders keep powder dry ahead of Fed FX Street 2 years Wall Street's main indexes started the day modestly higher. Disappointing Retail Sales report weighs on market sentiment. Defensive sectors in the positive territory on Wednesday. Major equity indexes in the US started the day slightly higher on Wednesday as investors await fresh developments surrounding US stimulus talks and assess the latest data from the US. As of writing, the Dow Jones Industrial Average was virtually unchanged on the day at 30,175, the S&P 500 was posting small gains at 3,698 and the Nasdaq Composite was up 0.04% at 12,601. Earlier in the day, the data published by the US Census… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
