The impact of the news of the biggest online travel agency, Expedia Inc. (EXPE), demerging into two business ventures left the market in a jittery state. Though analysts were unsure about the debt structure of Expedia, the investors showed panic in buying shares of the Expedia’s division, TripAdvisor.

Responding to the latest business news, analysts predicted that TripAdvisor can prove to be a strong competitor in the field of online travelling agency to its parent company.

Following the news of Expedia spun-off; the financial market got a bigger jolt when President of the Dallas Federal Reserve, Richard Fisher, asserted that central bank should rehaul their economic measures to address the percolating issue of rising inflation instead of pushing policies for employment generation.

The uncertainly was further compounded with the disagreement between the Obama Administration and US lawmakers over the controversial issue of government funding.

Responding to the slowdown in the activity of S&P 500 index, Linda Duessel, Senior Portfolio Manager at Federated Investors, claimed, “The markets are just passing the time at the moment and will need months of good employment news before they get their next leg up. This will likely happen in the summer and take the S&P 500 up to 1,450”.