It is the first Thursday of July and the markets are in red after the Federal Reserve authorities were increasingly divided on the inflation outlook and how it could affect the future pace of interest rate hikes, according to the minutes of the central bank's June meeting, which was reported yesterday.
Morning movers
Among the most active securities today are Advanced Micro Devices Inc. (AMD, Financial), Bank of America Corp. (BAC), General Electric Co. (GE, Financial), Chesapeake Energy Corp. (CHK, Financial), Micron Technology Inc”‹. (MU, Financial), Ford Motor Co. ”‹(F, Financial), Apple Inc. (AAPL), Microsoft Corp.”‹ (MSFT), NVIDIA Corp. (NVDA) and Staples Inc. (SPLS).
Top gainers
ONEOK Inc. (OKE), Lincoln National Corp. (LNC), Dover Corp”‹.(DOV), PACCAR Inc.(PCAR), Quanta Services Inc. (PWR), Prudential Financial Inc. (PRU), Unum Group (UNM) and Time Warner Inc. (TWX).
Top losers
L Brands Inc. (LB), Patterson Companies Inc. (PDCO), Under Armour Inc.(UA), Seagate Technology PLC (STX), Signet Jewelers Ltd.(SIG) and HanesBrands Inc. (HBI).
Europe
The main exchanges in Europe closed in red with slight variations. The FTSE 100, DAX, CAC 40 and IBEX 35 closed down around 0.3% and 0.6%.
