S & P 500 index lower in the food retail sector, after the brokerage BMO Capital Markets to Safeway, Vitamin Shoppe and Whole Foods and other food retailers to buy from "overweight," citing "all ticket", citing expected The shares rose limited space. Affected by the three companies share price fell by 4.6%, 3.4% and 2.9%.
BMO also cut its rating of the retail chain Supervalu, criticized the company can not effectively increase the traffic; Kroger also lowered its rating on the stock, said given the current difficult operating environment, the company's performance goals may be set too high.
Gaokaidizou U.S. stocks Tuesday, after the publication of the positive economic data, U.S. stocks decline narrowed. U.S. stocks opened, the U.S. Commerce Department said factory orders in November of the ring was an increase of 0.7%. According to Bloomberg News survey of economists forecast an average drop of 0.3% qoq. October factory orders down 0.9% qoq.
In addition, AMD leads tech sector higher, also helped the market fell too Buzhi Yu. AMD rose 2.8% after the company announced in Las Vegas consumer electronics trade show to introduce new Fusion chips. The company's rival Intel (INTC) in the same exhibition will also introduce a similar chip.
U.S. Federal Reserve meeting on December 14 will be at 2 pm EST (GMT 3:00) released.
European and Asian stock markets on Tuesday were also higher. December figures show UK manufacturing has the fastest rate of expansion in 16 years, been promoting the European market. In addition, according to Spanish media reports, Chinese Vice Premier Li Keqiang, the main force in the Spanish media of "national newspaper (El Pais)" published an editorial that China will support the reform of the Spanish economy will continue to buy Spanish bonds. The news also helped European stocks higher.