US stocks fall from record levels amid different economic data

US stock indicators withdrew from their standard levels on Friday, with mixed economic data on consumer confidence, while investors focused on the summit that brought together US President Donald Trump and his Russian counterpart Vladimir Putin in Alaska. The S&P 500 (S&P 500) has decreased to a wave of Ascension since it reached the lowest level in April. Applied Mateials carries out the losses of semiconductors after giving disappointing predictions, while United Health Group increased the investment in the health insurance company. The shares of solar companies have also increased, and oil and dollars have decreased, while the long -term tournament effects have left the shortest deadlines. The Trump and Putin summit in Alaska received Trump his counterpart Putin with a handshake, amid the anticipation of the results of the summit during which the US president ends the war in Ukraine. Trump and Putin in Alaska in preparation for a historic American Russian summit at Ukraine and a joint press conference are expected to be held after the meeting between the two presidents. Various data for this shows economic data a widespread increase in US retail sales, supported by car sales and promotional campaigns online, while a separate report revealed a sudden decrease in consumer confidence for the first time since April, with high inflation expectations. “The Bockk report” said: “Consumers no longer prepare for the worst scenarios as in April, but they still expect a decline in inflation and unemployment in the future,” says Peter Bokar, author of “The Bockk Report”. US industrial production drops in July amid poor demand, and on the other hand Bill Adams from Komika Bank sees that data does not indicate one clear direction, but the US economy appears in a relatively good condition, adding: “What consumers do is more important than what they say.” Brett Kinwell of eToro explained that retail sales were not extremist in July, but that sales of the ‘control group’, which falls into the gross domestic product account, exceeded the expectations of economists, while June’s data changed. Chris Zakarili of Northwate Ashet management indicated that the ongoing consumer spending power and the ability of companies to hold workers will continue to pay profits and shares to climb. Kinwell said consumer spending appears in good condition, but the Federal Reserve has a dilemma between achieving maximum employment and maintaining price stability, adding that reducing interest, as the market expects in September, can support consumers. The eyes are on his way to Jackson Hall, and attention will soon be after the Central Banks meeting in Jackson Hall, Wyoming, next week, where investors are awaiting the speech of Federal President Jerome Powell. Investors still expect the federal to reduce interest in September by 25 basis points, followed by another reduction in October or December, according to Paul Ashworth of “Capital Economics”, which suggested that Powell warn that a moderate limited monetary policy is still appropriate. Pesent calls on the federal to reduce interest 50 basis points in September and Ashworth has indicated that the slowdown in wage states in recent months, despite the stability of unemployment rate, is making the most likely scenario interest reduction in September. “Buy the rumor and sell the news,” says Bank of America, led by Michael Hartnet, said US shares could fall if the Federal Federal Reserve is received in Jackson Hall, according to the base “buy the rumor and sell the news.” The bank’s data, based on the EBR Global, showed that investors pumped around $ 21 billion to US equity funds during the week ended August 13, after withdrawing about $ 28 billion the previous week. Mark Hackett in ‘Nationwide’, see the increasing conviction of individual investors with the ‘purchase as it drops’, in light of the velocity of the last drop recovery, which can repeat the expectation to repeat this pattern in any minor decrease in the future, and added: Despite the market. Despite reaching the market. the beginning of the year.