US stocks opened last week on red, close to all-time highs following the economic news and data released Friday by the US economy, which included the release of US labor market data for September, which showed a drop of 4.2% The lowest level since March 2001 than expectations.
In the same context, we also followed the world's largest economy by reading the Non-Farm Sector Change Index last month, which showed a loss of about 33,000 jobs for the first time since November 2010 than expectations, in conjunction with an average reading Income per hour accelerated over expectations in September to 0.5%.
Investors are now eyeing what Federal Reserve Bank of New York Federal Reserve Chairman William Dadley and Dallas Federal Reserve Chairman Robert Kaplan will talk about, as Dadley is expected to speak under the headline "Monetary Policy Forecasts and the Importance of Global Education for Mobility Economic "at the Council for Economic Education in New York, before we see Kaplan participate in a panel discussion at the US Labor Investment Conference hosted by the Federal Reserve System in Austin.
Federal Open Market Committee (FOMC) Chairman and Federal Reserve Bank Chairman Patrick Harker noted Thursday at the US Labor Investment Conference that he still expects to raise the federal funds rate three times this year and that economic growth will exceed 2 percent. Skill is one of the most important challenges facing the US economy and that there are some other challenges that weigh on the growth of inflationary pressures.
At 3:40 pm GMT, the broader S & P 500 index was down 0.23% to cut 5.73 points to 2,546.34 points. The Dow Jones industrial average <.DJI> was down 0.14% after losing 32.25 points to 22,743.14 points.
On the other hand, the NASDAQ index of technology shares fell by 0.16% after falling by 10.82 points to reach the level of 6,574.54 points.