Traders said the market may be 2:00 EST (GMT 3:00) after the Fed released minutes of the last meeting to change, before the market will remain stable.
Croft Value Fund co-manager of Russell bodies - Croft (Russell Croft) that investors are very concerned about the current macroeconomic situation. He said, "many companies strategists and chief investment officer are optimistic about the stock market this year. But you Kan Bukan good stock market is only your personal point of view, the stock market does not mean that you will make with you the same reaction."
Lower plate of food retailers, after brokerage BMO Capital Markets to Safeway (SWY), Vitamin Shoppe (VSI) and Whole Foods (WFMI) and other food retailers to buy from "overweight," citing "were equipped with" call expected to rise due to limited space these stocks. Affected by the three companies share price fell by 3.9%, 4.6% and 3.3%.
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. The two companies shares also fell sharply.