The US stock rally stops after Powell and the technology companies stumbled

The standard height of US equities stopped on Tuesday, as the shares of sensitive interest rates continued their early decline after Federal Reserve chairman Jerome Powell showed no signs of his support to reduce interest at the central banking meeting in October. The S&P 500 index closed 0.6% in New York, swinging at its highest levels. The Nasdaq 100 index, which is dominated by the technological sector, ended the session with a decrease of 0.7%, with the decline of the majority of the ‘seven major’ shares. The company “Micron Technology”, the largest manufacturing business in American Computers, delivered optimistic expectations for the current term after the market is closed, which can provide new support for technology shares when traders return. Powell warns in a difficult way to reduce interest in a speech, the chairman of the Federal Reserve Powell said that the expectations of the labor market and inflation are facing risks, and it highlights his position that monetary policymakers are likely to be a difficult way in light of their thinking about more interest rate discount. Read the details: Federal Reserve: Natalie Gallagher, the chief economist in “Council”: “Powell’s warning of sharp cuts is no way from monetary policy,” Powell’s warning of sharp cuts emphasizes the increased division within the Federal Reserve. “She added:” This division in itself has become a stimulating factor for the market, which has increased the uncertainty about the rate of the discount cycle. “Other speakers in the central banks confirmed the growing divisions in the Federal Reserve on Tuesday. Move to lower interest rates with a poor labor market. Electronic Chips Industry Company contributed on Monday to push the S&P 500 index to the level of its twentieth standard closure, after announcing a partnership with the company “Oben AI”, which will enable the company to invest up to $ 100 billion to support the construction of new data and other infrastructure. The week’s evaluation of the market to high levels varied. narrowly facing the performance of some dominant shares. Portfolios closely related to the weighted indicators with investment capital are becoming more vulnerable to the shocks of the business or the sector, which reduces the benefits of diversification that is supposed to provide through broad investment investments. Interwoven “indicates that the index probably rose by 0.2% in August, which is enough to maintain the rate of basic inflation at 2.9% year -on -year. This is the most important point of data data this week. “Among the individual shares, the shares of” Kenfo “have increased from the lowest level ever, as US President Donald Trump’s invitation to pregnant women caused criticism of researchers. Read the details: Trump warns pregnant women to eat paracetamol … Airlines acquired, and the US ambassador to China indicated that a large order of the second largest economy in the world would be completed.