US exchanges have put behind them a dark red day.
The Dow Jones ended down 1.0 percent to 17,529.98, its lowest level in seven weeks, while the broader S & amp; P 500 index fell 0.9 percent to 2047.21.
Technology Heavy Nasdaq tumbled 1.3 percent to 4715.73
FED signals destroyed
Comments from the Federal Reserve’s Dennis Lockhart and John Williams led to new fears that the central bank will raise its key interest rates, perhaps as soon as June, according to Marketwatch.com. If there comes a rate hike as early depends on the macroeconomic figures that come before the meeting.
Housing construction
Figures from the US authorities shows that residential construction in the United States in April, seasonally adjusted annual rate of 1.172 million units.
in advance it was according to our macro calendar is expected that the number of new dwellings would show an annual rate of 1.127 million units.
on a monthly basis, residential construction up 6.6 percent.
Meanwhile, the figures from the previous month revised from 1.089 million to 1.099 million units.
the number of new residential building permits had an annual rate of 1.116 million units, compared waiting 1.13 million.
March figures were revised from 1.086 million units to 1.077 million.
Here is the full report.
CPI
US consumer price index rose 0.4 percent in April. On an annual basis the index was up 1.1 percent.
It was according to our macro calendar is expected that the index would be up 0.3 percent on a monthly basis and up 1.1 percent on an annual basis.
Here’s the full report.
manufacturing
the US industrial production rose by 0.7 percent on a monthly basis in April.
According to our macroeconomic calendar was expected an increase of 0.7 percent.
Capacity utilization was at 75.40 percent, against 75.00 percent expected.
Read the full report here.
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