US indices lurch weakly as Washington and Moscow trade accusations over the Ukraine crisis.

US indices lurch weakly as Washington and Moscow trade accusations over the Ukraine crisis.

US indices lurch weakly as Washington and Moscow trade accusations over the Ukraine crisis.

Wall Street seeks direction for its indices without taking his eyes off the evolution of the crisis in Ukraine. The dialectical war that the US and Russia have launched on account of the situation in the European country imposes caution among investors, who they prefer to wait for events before moving their portfolios.

From Washington, Moscow continues to be accused of lying in the alleged withdrawal of troops from the Ukrainian border. And from the separatist and pro-Russian region of Donetsk has announced an emergency evacuation of the entire civilian population in the event of an armed conflict on their territory.

A situation of uncertainty and war escalation -although at the moment only on paper-, which translates into doubts in the stock market. The dow jones it barely adds 0.2% to its graph, which is still below 34,400 points. A tiny 0.1% raises the S&P 500, without being able to recover the 4,400 points. 0.3% leave the nasdaqwhich is already below 13,700 points.

This is how Wall Street opens
Eduardo Bolinches

From the macroeconomic field, the US main index neither does it leave arguments for the optimism of the investors. Its reading for January contracted to -0.3% compared to the 0.2% predicted by economists and which already represented a significant cut from 0.7% the previous month.

The data of sale of second-hand homes it is not enough to straighten Wall Street’s course despite the fact that, in this case, the final reading exceeds the consensus estimates. Up to a total of 6.5 million properties changed hands in January compared to 6.1 million last December and that experts expected to repeat this time.

‘Streaming’ and refreshments

On the corporate ground, drastic punishment for roku, whose shares are left 27%. The manufacturer of audiovisual content players on-line managed to meet the expectations of consensus by the minimum, due to a significant drop in income in the fourth quarter. A disappointment that raises fears for the listed company of a much slower future expansion than in recent years.

Against the current, although with advances of less than half a percentage point, it moves Coca-Cola Company. Investors anticipate the increase in sales that could be caused by the temporary products that it intends to launch through its new Coca-Cola Creations division. The first one will be the new Starlight soft drinkwhich will hit US store shelves this Monday in a ‘zero sugar’ format.

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