With the movement of the index in a narrow range to distinguish today’s session on Wall Street. Finally, two indicators were able to overcome losses from the beginning of the session, but with minimal increases. Dow Jones rose 0.03 percent to 12,878 points, S & P 500 fell by 0.09 percent to 1351 points and the Nasdaq rose 0.02 percent to 2932 points.
The data on retail sales in the U.S. proved to be a serious factor in market movements. Investors continue to monitor developments in Greece.
“The expectations for retail sales in the United States have been raised because of better statistics in recent times”, told Bloomberg Matthew Di Filippo of Stewart Capital. In his words, Europe will continue to stand in the center of events, but the main question is which of the problems of troubled countries are solvable. The message that eurozone finance ministers will discuss the new rescue program for Athens on the phone led to speculation that the funding probably would still not be approved. Meanwhile, the PASOK leader George Papandreou has yielded and gave written guarantees for the implementation of economic and fiscal commitments to Greece and after the elections.
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