At 6:37 a.m. ET, Dow e-minis were down 239 points or 0.85%, S&P 500 e-minis were down 34.25 points or 1.01%, and Nasdaq 100 e-minis were down 111.5 points or 0.99%.
On Thursday, initial jobless claims decreased to 860,000 on a seasonally adjusted basis, still about four times as high as before the pandemic.
On Wednesday, Wall Street's benchmark S&P 500 index closed down 0.5% after the Fed said it won't raise interest rates until inflation reaches 2%, which the USA central bank's own projections show it doesn't expect until late 2023.
Fed Chair Jerome Powell laid out a menu of factors - including wage growth, workforce participation and disparities in minority joblessness relative to whites - that must be satisfied before the Fed would view the economy at maximum employment, and even consider raising interest rates.
Overnight in Asia, MSCI's broadest index of Asia-Pacific shares outside Japan lost 1% after five straight days of gains while the Nikkei in Japan and KOPSI in South Korea shed 0.6%. and 1.2%, respectively. The Fed was long on talk and short on action.
Low interest rates are usually a boon for investors, sending stocks soaring, and analysts gave varying possible reasons for the market's weakness. Fed officials have stressed in recent weeks that the US recovery is highly dependent on the nation's ability to better contain infections, and that further fiscal stimulus is likely needed to support jobs and incomes.
"You put that alongside the Fed starting to pull back the punch bowl, or at least not refill it as much as people wanted, it's enough spook markets", TD Ameritrade's Cruz said.Читайте также: Coronavirus death toll linked to ME wedding grows to 7
In Europe, the German DAX lost 0.4%, and the French CAC 40 fell 0.7%. USA crude futures gained $0.68, to $40.84 a barrel. The ASX 200 was flat, while stocks in Shanghai, Hong Kong and Seoul rose between 0.2% and 0.4%.
Unofficially, the Dow Jones Industrial Average .DJI fell 129.94 points, or 0.46%, to 27,902.44, the S&P 500 .SPX lost 28.42 points, or 0.84%, to 3,357.07 and the Nasdaq Composite .IXIC dropped 140.19 points, or 1.27%, to 10,910.28. Markets in Asia ended mixed.
Global markets have recovered most of this year's losses, boosted by central bank infusions of credit into struggling economies and hopes for a coronavirus vaccine. US investors are counting on Congress for a new support package after additional unemployment benefits that help to support consumer spending expired, but legislators are deadlocked on its possible size.
"Unlike June, there is more fear of a deeper correction", analysts at Singapore's DBS Bank said in a note - since the Nasdaq is below its 50-day moving average, a key technical support level, and the US election is fast approaching.
'A full economic recovery is unlikely until people are confident that it is safe to re-engage in a wide variety of activities, ' Powell said. In energy markets, benchmark US crude oil for October delivery lost 63 cents to $39.54 per barrel in electronic trading on the New York Mercantile Exchange.
Some of the biggest weights on the S&P 500 came in Amazon AMZN, Apple AAPL and Facebook FB, majors that had helped to pull the United States stock market out of the rout earlier this year. Brent crude oil for November delivery gained 21 cents to $42.43 per barrel in London. In fact at 1 point today it traded positively with a 24.4 point gain.
The euro rose 0.1 per cent to US$1.1827.При любом использовании материалов сайта и дочерних проектов, гиперссылка на обязательна.
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