Wall Street opened session slight decline on

Wall Street opened the session a slight decline on the eve of the meeting in Doha

(Reuters) – US stocks began trading Friday inactive dynamics due to the concern that the Sunday meeting of the major oil-producing countries will not help solve the problem of excess supply on world markets.

By 17.02 Moscow time the Dow Jones index fell by 0.08 percent to 17.911,67 points, indeksS P 500 – by 0.11 percent to 2.080,50 points, Nasdaq Composite index – by 0.16 percent 4.938,19 points.

By that time, oil prices dropped nearly 3.5 percent.

Citigroup (NYSE: C) has reported a decline in quarterly profit, but it was not as steep as analysts had expected. The company’s shares rose 1.4 percent.

"This week we have seen a sharp reflex rally, especially in the financial sector, because the people have received the results were not as bad as expected"- Dzheyms Ebeyt of Centre Funds in New York.

Shares of the company 3D Systems, engaged in three-dimensional printing, sank more than 5 percent after Citigroup downgraded their rating.

Related posts

Next posts

Leave a Reply

Your email address will not be published. Required fields are marked *