Monday, May 11, 2015

US exchanges declined on concern Greece’s debt problems – Business News Agency PRIME

MOSCOW, May 12 / PRIME /. US stock indexes finished trading Monday after Friday’s decline in growth due to labor market data and amid fears the debt problems of Greece, according to data exchanges.

DJIA index dropped by 0.47% – to 18,105.17 points, the index of technology companies NASDAQ – by 0.2%, to 4993.57 points, the index of wide market S & amp; P 500 fell to 0, 51%, to 2105.33 points.

According to analysts, published in Friday’s data on unemployment in the country confirmed that the US economy is quite strong, but were insufficient for making the Federal Reserve decision to raise interest rates.

Investors are also concerned about another aggravation of the debt problems of Greece. On Monday in Brussels, started the next meeting of the Eurogroup devoted to this issue. On Tuesday, Athens must pay to the International Monetary Fund debt, which was formed after the “rescue” of the Greek budget by default in 2010 and 2012. Forecasts lenders that austerity measures will enable Greece to pay the loans did not materialize. Came to power in January, the government left party SYRIZA said that insisting on new negotiations with creditors, but so far the parties have not managed to bring closer the positions adequately.

The People’s Bank of China on Sunday cut its key rate by 25 basis points, trying to give impetus to the development of the second largest economy in the world.

“Given the level of concern of investors selling today was quite modest,” – said the head of the Reuters Investment Farr, Miller & amp; Washington Michael Farr (Michael Farr).

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