• Major US stock indexes finished trading in the "green zone"

Market news

13 February 2017

Major US stock indexes finished trading in the "green zone"

Major US stock indexes again renewed record highs, and the total capitalization of the S & P 500 index companies reached $ 20 trillion for the first time in history against the backdrop of Trump comments on tax reform. The US president vowed on Thursday that will make an important statement about the tax reform in the next few weeks, sparking a rally that stalled amid concerns about protectionist attitudes and the lack of clarity with regard to political reforms.

Later, important data, including the producer price index (Tuesday), retail sales, consumer price index and industrial production (Wednesday), as well as the laying of new homes (Thursday) will be released this week. In addition, the focus of attention of market participants gradually shifted to the semi-annual report of the Federal Reserve Chairman Janet Yellen. The head of the Federal Reserve will act to Congress on Tuesday and Wednesday.

Oil prices fell nearly 2 percent, as positive from the OPEC report was offset by signs of increasing production of oil in the United States and a stronger dollar. The pressure on oil futures continued to Baker Hughes' report on the number in the US rig. Recall, on Friday in Baker Hughes reported that according to the results ended February 10 working weeks, the number of drilling rigs in the country has increased by 12 units, or 1.6%, to 741 units, including oil - 8 units, or 1 , 4%, to 591 pieces (up to October 2015), the number of gas-producing plants has increased by 4 points, or 2.8%, to 149 units.

DOW index components closed mostly in positive territory (25 of 30). leaders of growth were shares of Caterpillar Inc. (CAT, + 2.32%). Most remaining shares fell Verizon Communications Inc. (VZ, -0.82%).

All business sectors S & P index ended the session in positive territory. The leader turned out to be the financial sector (+ 0.9%).

At the close:

Dow + 0.70% 20,412.13 +142.76

Nasdaq + 0.52% 5,763.96 +29.83

S & P + 0.52% 2,328.24 +12.14

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