The day before the EU referendum in Britain there was a bit nervous on the stock exchanges of New York.
No one cared that Governor Janet Yellen continued his two-day account of the Congress, and it emerged nor anything new that could point in the direction of how many rate hikes there will be this year – or if it at all comes someone.
not many cared about fresh and good numbers from the used housing market, which showed an increase of 1 , 8 percent to an annual rate of 5.53 million. So high have not used home sales in the US have been on nearly 10 years according to MarketWatch.
At resale home prices rose by 4.7 per cent last year also went almost entirely unnoticed.
The Dow Jones fell 0.27 percent to 17,780.83 and the S & amp; P 500 ended down 0.17 percent to 2,085.45. Nasdaq fell 0.22 percent to 4833.32.
For each stock that rose was little more than a stock that fell.
Only two of the ten most traded shares on Nasdaq rose and the loser side topped Tesla with a fall of 10.45 percent after yesterday’s news that Elon Musk are spearheading that Tesla will buy Solar City for $ 2.8 billion. Tesla is down 18 percent since January, 25 per cent last year and 31 percent from the top.
Solar City rose 3.3 percent, but is still down 57 percent since January, 62 per cent last year and 74, 6 percent from the peak.
On the NYSE was the only one of the ten most traded shares that rose – AT & amp; T.
Oil prices pulled back Wednesday night and while light crude went for $ 49 cost Brent 49.78 dollars.
The gold price fell $ 3.6 to $ 1,268.9 while 10-year bonds in the US pulled down 2 points to 1.69 percent.
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