• Major US stock indexes finished trading above zero

Market news

16 June 2015

Major US stock indexes finished trading above zero

Major US stock indexes rose modestly Tuesday after two sessions of losses. The dynamics of trade enjoyed M & A activity in the consumer market and the health care market. Investors are also awaiting the results of the two-day Federal Reserve meeting. The central bank is unlikely to raise rates at this meeting, but investors will be watching for any hints of this from Janet Yellen at a press conference after a meeting on Wednesday. The Fed said that it remains dependent on makroekonomicheskih data raise rates only when it sees an improvement in the economy. In the second quarter data indicate a recovery of growth arrest at the beginning of the year.

In addition, as sobschilo Ministry of Commerce on Tuesday, the pace of construction of houses has slowed in May, after the rapid growth in early spring, but the underlying demand for homes seems to be increasing, as more Americans get jobs and wages rise. Bookmarks new homes in the US fell by 11.1% compared to the previous month and reached a seasonally adjusted annual rate of 1,036 thousand. Units. Nevertheless, bookmarks were up 22.1% in April, more than preliminary estimates. Economists had expected the establishment of new homes will be reduced to the level of 1100 thousand. In May.

However, the price of oil rose slightly today, due to expectations of an increase in demand and the threat of tropical storms along the Gulf Coast. Experts note that a tropical storm is forecast, could reach the Texas coast Tuesday morning. Along the Gulf Coast in the state is over 45% of oil refining and gas processing facilities about half of the United States.

Most components of the index DOW closed in positive territory (27 of 30). Most remaining shares rose UnitedHealth Group Incorporated (UNH, + 2.12%). Outsider shares were Caterpillar Inc. (CAT, -0.64%).

Almost all sectors of the S & P recorded a positive trend. Most consumer goods sector grew (+ 0.9%). Reduction showed only the sector of conglomerates (-1.0%).

At the close:

Dow + 0.63% 17,903.68 +112.51

Nasdaq + 0.51% 5,055.55 +25.58

S & P + 0.57% 2,096.31 +11.88

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