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Wall Street flat as investors look for clues on rates (news: 30/08/2016)

Today's Press

  • Wall Street was little changed on Tuesday morning as investors looked for catalysts to drive the markets while keeping one eye on clues for the timing of the next interest rate hike.

  • The 10-city index gained 4.3% from a year earlier, down slightly from 4.4% last month, and the 20-city index gained 5.1% year-over-year, down from a 5.3% increase in May.

  • U.S. interest rate rise expectations pushed the dollar up for a seventh time in eight days on Tuesday, while Wall Street dealers braced for a bruising session for Apple after it was hit by a record $14.5 billion European tax bill.

Next Trading Day's Important Events

Forex Quotes:

  • USDJPY: 102.81
  • EURUSD: 1.1138

Indices:

  • S&P 500: 2,175.10
  • NASDAQ : 5,223.89

 


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