U.S. stocks opened down and fell down to 1.2%

Zhongxin Jingwei, August 17th. On Wednesday evening, Beijing time, US stocks opened down. As of press time, the Dow fell 0.59%, the Nasda Index fell 1.20%, and the S & P 500 index fell 0.82%.

Wind screenshot

After the retail data was announced, investors waited for the Federal Reserve to announce the July Minutes of the July meeting later.

On the 17th local time, the U.S. Department of Commerce released data. The US retail sales in July remained unchanged from the previous month, lower than the expected increase of 0.1%, which was significantly decreased compared with the increase in June (correction: 0.8%). Compared with July 2021, US retail sales rose 10.3%year -on -year, of which the sales of gas stations rose by 39.9%year -on -year.

Retail sales are important indicators to measure consumption expenditure. Consumption expenditure accounts for nearly two -thirds of the US economy, so investors often analyze the recent economic state of the United States from retail sales data.

According to Reuters, the focus of the market lies in the announcement of the Fed's July meeting, and it may provide clues to further increase interest rates. Previously, the decision makers insisted that they would continue to raise interest rates until the inflation was controlled. Traders believe that the Federal Reserve raised interest rates in September 50 basis and 75 basis points.

According to the Wall Street Journal Chinese website, a strategist pointed out in a report on Tuesday that as the main index of the United States rebounded from 2022 in mid -June, the loss of phobia (FOMO) may be helping the stock market rising to climb up. , But investors usually do not have to worry about missing the "bottom".

It is reported that the S & P 500 Index is still in a bear market, but it has rebounded more than 17%from the 3666.77 points on June 16, which is only 10%lower than the closing record high of 4796.56 points on January 3. As trying to break the resistance of the 200 -day mobile average at 4326 points, the benchmark index of this tracked large -cap stock has risen, and the closing high since the end of April on Tuesday. (Zhongxin Jingwei APP)

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