• Monday: results of the day on the main US stock markets

Market news

20 April 2015

Monday: results of the day on the main US stock markets


Major US stock indexes rose on Monday, recovering after a decline the previous session amid China's steps to stimulate its slowing economy, as well as in connection with positive corporate reports corporations.

Thus, a decision support index was Bank of China, which reduced the required reserves of commercial banks by 100 basis points to 18.5%. In this case, Agricultural Bank of China was allowed to reduce the reserve requirement ratio by 200 basis points. Vacant as a result of measures taken means banks will have to submit to increase liquidity and lending of various industries in the country.

Among the few today macroeconomic news is to provide that in the eurozone construction output fell for the first time in three months in February. As reported on Monday by Eurostat, the volume of construction fell by 1.8% in February from January, when they rose by 1.6%. It was the first decline in three months, and the biggest drop since September.

Prices for WTI oil futures rose today, while reaching the highest level this year amid speculation that growth stocks is beginning to slow.

According to the company Genscape Inc., crude oil inventories in Cushing rose less than 500 thousand. Barrels last week, which is considerably less than the increase that is observed in recent months. In Genscape also reported that in the second half of last week, stocks fell in Cushing. Recall, US Energy Information Administration will release official data on stocks of petroleum products in the environment.

Almost all components of the index DOW closed in positive territory (26 of 30). Outsider shares were General Electric Company (GE, -0.70%). Shares rose more than the rest International Business Machines Corporation (IBM, + 3.46%).

All sectors of the S & P closed in the positive zone. Most of the technology sector increased (+ 1.5%).

At the time of closing:

Dow + 1.17% 18,034.93 +208.63

Nasdaq + 1.27% 4,994.60 +62.78

S & P + 0.92% 2,100.40 +19.22

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