by Lewis Krauskopf NEW YORK (Reuters) – The New York Stock Exchange ended slightly lower Tuesday, with however a small increase for the Nasdaq, but the three major indexes posting gains over the month of May. The Dow Jones lost 86.09 points, or 0.48%, to 17,787.13. The S & amp; P 500, wider, yielded 2.11 points, or 0.10%, to 2096.95. The Nasdaq Composite, however advanced 14.55 point (+ 0.29%) to 4948.06 points. But after a difficult start due to the concern growth and volatility in oil prices, the Dow Jones displays his fourth month of consecutive increase, with a modest gain of 0.07% and the S & amp; P’s third, with an increase of 1.5% . As for the Nasdaq, it rose 3.6% in May, after losing 1.94% in April. The US economic data released Tuesday did little to enlighten investors on the future evolution of the monetary policy of the Federal Reserve. after the statements of its President Janet Yellen last week about the possibility of a rate hike in “coming months,” the ad before the opening of better than expected consumption in the US in April tends to reinforce the scenario of a further tightening of monetary policy of the Fed, perhaps as early as its June meeting. The household consumption expenditure increased 1.0% April their strongest growth over a month for over six years, while economists polled by Reuters on average expected a 0.7% increase. however, consumer confidence suffered in May an unexpected drop, falling to its level in November, which could have the opposite effect for the Fed. investors now expect the key figures from the US market in jobs that will be published Friday. The next Fed meeting will be held on 14 and 15 June More …
Wednesday, June 1, 2016
Wall Street ended on a hesitant note and a rise in May – Reuters
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