S & P 500 closed the decision on Tuesday because progress in trade negotiations with Beijing paused, and traders were preparing for the decision of federal reserves of interest rates.
The wide market index has lost 0.30%, finishing 6,370.86. Nasdaq Composite fell by 0.38%, stopping at 21,098.29. Both indices arrived new record values earlier during the day. Dow Jones Industrial Average fell by 204.57 points, ie 0.46%, closing at 44,632,99. The sales pressure increased in the last hour of trading, at one time, bringing the S & P 500 to the lowest level during trading.
Investors reduced part of investment in risky property after shares in recent months have strongly returned from the lowest levels in April, assisted by progress in trade negotiations between the United States, Japan and the European Union. Talks with China were less secure, American negotiators completed negotiations on Tuesday with their Peking Colleagues, while potentially extension of the breaking chinese tariffs remained uncertain. The negotiators also said that such delay will not be final until the President Donald Trump signed a decision.
The merchants estimated some mixed results on Tuesday. Boeing shares lost more than 4% Even after a solid announcement of the earnings, as the company delivered the most of 2018. Procter & Gamble finished the day below in spite of the expected forecast for the entire year and the appointment of the Executive Director, SEEbiz reports.
Other corporate results did not meet expectations, and the shipwritten giant and UPS consumer goods were published by the shortage of earnings and did not issue guidelines. Whirlpool failed in analyst estimates for the second quarter and reduced dividend. UPS fell for more than 10%, while Whirlpool fell by 13%.
