US stock exchanges have a limited growth. Investors evaluate different macroeconomic data and its potential impact on Federal Reserve’s decision, writes MarketWatch.
The falling stock markets in Asia right after Chinese drops have a negative impact on sentiment.
"I think the next couple of days will be dominated by caution, as everyone await the Fed's decision," - said the main analyst of Boston LPL Financial Corp., John Canally.
The futures market is currently assessing the chances of increasing the credit cost in the United States this month at around 30% against 38% at the end of August. The next Fed meeting will be held on September 16-17.
US retail sales in August rose 0.2% compared with the previous month, while the market expected an average growth rate of 0.3%.
The volume of industrial production in the US in August fell 0.4%, which is the sharpest drop in two years. Experts interviewed by Bloomberg, on average, expected a decline by 0.2%.
The index of manufacturing activity in New York Empire Manufacturing in September remained below zero for the second month in a row.
The Dow Jones Industrial Average index on September 15 rose 54.15 points (0.33%), getting to 16425.11 points.
Standard & Poor's 500 rose by this time by 5.45 points (0.28%), to 1958.48 points.
The Nasdaq Composite quotes, from the trading open increased by 7.95 points (0.17%), to 4813.17 points.
Shares of energy companies, industry index of which rose 0.9%, lead the growth in the framework of S&P 500: Chevron Corp (NYSE: CVX) added 1.4%, Transocean (NYSE: RIG) Ltd. added 0.6%.
Share price of home appliances manufacturer Whirlpool Corp (NYSE: WHR) increased by 1.6% after RBC Capital improved assessment of these securities.
The market value of the software developer for businesses, NetSol Technologies, jumped by 6% thanks to positive financial results for the 4th financial quarter, released on Tuesday.