01 August 07:31 AM
The last day of July has finished with a minus for American exchanges. This has been caused by the fact of expecting the results of the official meeting of Federal Reserve System. Investors are not rushing things and are waiting for specific actions of the government.
Dow Jones Industrial Average Index has dropped by 0.49 percent, having amounted to 13008.7 points. Standard & Poor’s 500 has reduced by 0.33 percent and reached 1380.74 points. Since the beginning of the year the index has risen by 10 percent, in July – by 1.3 percent. Nasdaq Composite Index has dropped by 0.21 percent and amounted to 2939.52 points.
The two-day meeting of the FRS started on Tuesday. All investors are waiting for its decisions. The held questionnaire has shown that 88 percent of people are not waiting for the situation to change drastically. Experts have already supposed that the FRS may announce about buying mortgage and government bonds to the sum of 600 bln. dollars.
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