MOSCOW, 15 Nov /PRIME/. The major US stocks Wednesday closed lower amid falling value of Apple stock, according to the auction.
Industrial index Dow Jones has decreased on 0,81%, to 25080,50 points, the index of high-tech companies NASDAQ by 0.9% to 7136,39 points, the index of wide market S&P 500 by 0.76%, to 2701,58 points.
Apple shares lost on the day of 2.82% on the back of investor concerns of a decline in demand for smartphones. Earlier in mass media there were messages that many suppliers cut its forecast for sales of smartphones, citing reduced orders from the “big client”. According to analysts, this customer is Apple.
Market participants on Wednesday followed the news from Europe, in particular, on the budget of Italy. In the night of Wednesday it became known that the main parameters of the government’s draft state budget of Italy in 2019, including the GDP growth rate and the size of the budget deficit, will not be changed.
Earlier, the government of Italy reached an agreement on the parameters of the future budget to be drawn up with a deficit of 2.4% of GDP, but this project was rejected by the European Commission on 23 October.
In addition, on Wednesday it became known that consumer prices in the U.S. in October rose 2.5% yoy and month-on-month by 0.3%.
The figures coincided with forecasts of analysts polled by Reuters.
In September inflation was 2.3% in annual expression and 0.1% in the month.
“One day we saw like three different trading day before the markets open in the morning futures were weak but then rallied with the European market”, — said the Agency MarketWatch Larry Benedict (Larry Benedict), the founder of the Opportunistic Trader.
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