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Stocks are flying less while investors are inflating inflation data, the U.S.-China trade



Stocks fell on Wednesday's module, one day after the Dow Jones Industrial Average dropped the six-day winning streak, while investors were lagging for reading on consumer inflation and continuing to see the trading battle of US-China.

How are the benchmarks performing?

The Dow Jones Industrial Average

DJIA, -0.13%

fell 40 points, or 0.2%, to 26,007, while the S & P 500 index

SPX, -0.21%

lost 6 points, or 0.2%, to 2,880. The Nasdaq Composite

COMP, -0.41%

index dropped 33 points, or 0.4%, to 7,790.

Stocks end with small losses Tuesday after flipping between positive and negative territories. The Dow closed 14.17 points lower than 26,048.51, off 0.1%, while S & P 500 poured 1.01 points, or less than 0.1%, to close at 2,885.72. Nasdaq ended with a loss of 0.6 points to 7,822.57. The decline ended five-day winning streaks for both S & P and Nasdaq.

What is driving in the market?

U.S. The price of inflation remains unmistakable, according to the Consumer Price index of the Labor Department, which shows prices rising by 0.1% in April, according to a consensus forecast, according to a Economist's MarketWatch poll.

The increase in the cost of living in The past 12 months has also slowed to 1.8% from 2%. When eliminating food volatility and energy prices, inflation fell from 2.1% annually to 2%.

Although the measure does not follow the Federal Reserve as an individual consumption consumption index, Investors support the belief that the Federal Reserve will diminish interest interests sooner rather than later.

But the US President Donald Trump said he was "holding" a trade in China, saying that the two countries are "dealing … or we do not deal with one another."

The analysts blamed the remarks for casting a somewhat negative tone on global equities.

Investors are also watching protests in Hong Kong. The police on Wednesday fired tear gas and high-pressure water hoses on protesters counting outside the headquarters of the government in opposition to a proposed extradition bill that sparked China's control over the semi-autonomous territories

What companies are focused on? [19659003] Sharing of electric car manufacturer Tesla Inc .

TSLA, -1.65%

grew by 1.8%, after Chief Executive Elon Musk late Tuesday took the stage at a company shareholder meeting and denied the company was facing problems demand and production.

In deal news, The French Dassault Systems SE

DSY, -1.47%

said it reached an agreement to acquire US technology team Medidata Solutions Inc

MDSO, -3.62%

in an agreement worth $ 5.8 billion. Dassault offers $ 92.25 a share for Medidata in an all-cash deal. Medidata shares fell 3.6% on Wednesday to $ 90.75 a share.

Sharing of Mattel Inc .

After the reports, the toy company turned a merger offer from MGA Entertainment Inc. It also announced that it extended its licensing agreement with Warner Bros.

Shares of Dave & Buster of Recreation Inc .

PLAY, -21.58%

fell 21.3% Monday, after entertainment operators and dining venues reported on Tuesday night sales of first-quarter sales and earnings falling Wall Street expectations.

Neptune Wellness Solutions Inc .

NEPT, + 2.65%

has announced a 3-year reconciliation with cannabis company Green Organic Dutchman Holdings Ltd.

TGODF, -0.78%

Neptune shares rose 3.7% Wednesday.

Salesforce.com Inc .

CRM, + 0.84% ​​

said Wednesday that a recently announced acquisition of Tableau Software Inc .

DATA, + 0.84% ​​

will reduce 2020 revenues lower than initially assumed. Stocks rose 0.9% Wednesday morning.

Sharing Cisco Systems Inc .

CSCO, -1.88%

fell 1.5% Wednesday, after analyst William Sullivan cuts Jason Ader in stock market to perform from outperform.

Inflation data in the morning increases more fuel at the rate cut fire and continues to support the promotion of the Fed, & # 39; wrote by Mike Loewengart, vice president of E-Trade investment strategy, in a email.

in this news, "he added." As we experience pockets of weakness in front jobs, the big takeaway for investors today is that the economic basis is still strong and continues to be the reason for the state of our economy to be optimistic-sure growth is slowing, but that does not mean it's shrinking. "

" President Trump defended his use of levies, and the threat of higher levies, as a means of endeavoring to balance trade relations with China. Beijing repeated their readiness to have a solid line against the US The standoff is back in front of the dealers mind and some investors are trying to get money from the table, "said David Madden, market analyst at CMC Markets UK, in a note.

How are other market trading?

The yield on the 10-year US Treasury note

TMUBMUSD10Y, -0.81%

retreated a base pointing to 2.121%.

Asian markets are trading down Wednesday, with Japan's Nikkei 225

NIK, -0.35%

losing 0.4%, Shanghai Composite of China

SHCOMP, -0.56%

index sliding 0.6%, and Hang Seng Index of Hong Kong

HSI, -1.73%

retreating 1.7%, amid civil unrest in semi-autonomous territories. European stocks also sell less, as evidenced by 0.3% decline in Stoxx Europe

SXXP, -0.30%

In the markets of goods, the price of crude oil

CLN19, -2.55%

late 2.8%, while gold

GCN19, + 0.70%

jumped 0.5%. The US dollar

DXY, + 0.12%

meanwhile, the higher the blade against its colleagues.

SXXP, -0.30%


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