Apple peel on tense Wall Street – OBI Online

US exchanges evolved mixed Thursday.

The Dow Jones rose 0.05 percent to 17,720.50, the Nasdaq fell 0.49 percent to 4,737.33, while the broader S & amp; P 500 Index ended down marginal 0.02 percent to 2,064.11.

“Fear index” VIX (CBOE) was traded around 14.

oil up

WTI oil fluctuated during the day, but ended up one percent to $ 46.70 a barrel. At its peak, the front contract (June) up to over $ 47 a barrel, the highest level seen since November last year.

The gold price fell $ 4.30 to $ 1,271.20 a barrel.

On the macro front disappointed current job numbers large. The number of first time applicants for unemployment benefits (Jobless claims) is now at its highest in over a year.

Otherwise rose export prices more than expected, while import prices rose less than expected.

Clean Prat

Several “voting members” in the Federal Reserve’s interest rate committee was on the podium Thursday.

Boston Fed chief Eric Rosengren believes according to CNBC that the markets underestimate the pace of potential interest rate hikes from the central bank. Kansas City Fed chief Esther George said according to Reuters that the Fed keeps interest rates low, and with it risks encouraging companies to take on too much debt.

In the morning awaits investors in retail sales.

– the numbers will either confirm that the economy is actually weak, or show that employment and GDP was temporary weakness, says interest strategist Bryce Doty at Sit Investment Associates website.

Apple peel

the pharmaceutical and technology shares weighed, and especially Apple, which fell 2.35 percent to $ 90.34. The stock is now at the lowest levels since June 2014.

Apple was the heaviest Dow component, while Boeing, Nike, ExxonMobil and Chevron were among the bright spots. The latter two were helped by oil prices and increased both one percent respectively. and 89.67 and $ 102.12.

– Beta is for sale. Apple is weak and does not have much technical support. I think it involves a slightly negative combination of weak growth and no change from the Fed, said director and senior strategist Ilya Feygin in WallachBeth Capital to CNBC.