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The market review for September, 2st
Stock trades in the United States were closed on September 1 decline leading indexes as investors worried that the largest companies of the U.S. financial sector in the near future to report on the new statement. Against this background, on the basis of trades most notably cheaper shares of financial companies.
Thus, by 4,8% in trading securities cheaper bank Wells Fargo & Co. On sale investors are not deterred even the management of the bank statement of intent in the near future to return the public financing, which Wells Fargo has attracted to the maintenance of liquidity. In addition, 6,4% and 9,2%, respectively, cheaper bank shares Bank of America and Citigroup Inc.
21% collapsed on the basis of bidding quotes the world’s largest insurance company American International Group Inc., After analysts from Sanford C. Bernstein & Co. lowered the recommendation on shares of companies with “at market” to “below market” due to their large overbought. At 17,6% and 17%, respectively, on the basis of trading shares cheaper mortgage brokers Fannie Mae and Freddie Mac, the cost of which for the last month went up at times. read more
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