• Major US stock indexes finished trading mixed

Market news

11 November 2016

Major US stock indexes finished trading mixed

Major US stock indexes closed mixed, but close to zero. Investors scrambled to adjust their portfolios to benefit from Trump's plans to simplify regulation in the field of health and finance, as well as increased spending on infrastructure.

As shown by the preliminary results of research presented by Thomson-Reuters and Institute of Michigan, showed in November US consumers felt more optimistic about the economy than last month. According to the data, in November consumer sentiment index rose to 91.6 points versus 87.2 points last month. It was predicted that the index was 87.5 points. Recall, the index is a leading indicator of consumer sentiment. The indicator is calculated by adding 100 to the difference between the number of optimists and pessimists, expressed as a percentage.

Among the corporate nature of the message should be noted on the eve of the quarterly results released by Walt Disney (DIS), which were worse than analysts' expectations. The Walt Disney Company's profit for the fourth quarter reached $ 1.10 per share, which was at $ 0.06 below the average forecast of analysts. Quarterly revenues were $ 13,142 billion. (-2.7% Y / y), while the average forecast of analysts anticipated $ 13,517 billion.

Most DOW components of the index closed in positive territory (20 of 30). More rest up shares The Walt Disney Company (DIS, + 3.11%). Outsider were shares of Pfizer Inc. (PFE, -2.78%).

Sector S & P Index showed mixed trends. The leader turned conglomerates sector (+ 4.6%). Most of the basic materials sector fell (-1.7%).

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