• Major US stock indexes completed the session in positive territory

Market news

28 March 2017

Major US stock indexes completed the session in positive territory

The main US stock indices increased significantly on Tuesday, which was supported by strong statistics on the US and positive corporate news.

As it became known today, the index of consumer confidence from the Conference Board, which grew in February, sharply improved in March. The index is now 125.6 compared to 116.1 in February. The index of the current situation increased from 134.4 to 143.1, and the index of expectations rose from 103.9 to 113.8. "Consumer confidence rose sharply in March, reaching its highest level since December 2000," said Lynn Franco, director of economic performance at the Conference Board.

In addition, an early look at the US trade patterns in February indicates an almost 6 percent reduction in the country's trade deficit, which was replaced by a significant increase in the previous month. The trade deficit in goods (services excluded) declined to $ 64.8 billion from $ 68.8 billion in January.

At the same time, home prices in the US soared to the highest level in almost three years, as demand remains high. The S & P / Case-Shiller index for 20 megacities rose by 5.7% per annum for a three-month period to January, noting an acceleration from 5.5% per annum in December. The index for 20 megacities rose by 0.2% per month, or by 0.9%, taking into account seasonal correction.

Almost all components of the DOW index have grown (27 out of 30). Leader of growth were shares of Apple Inc. (AAPL, + 2.04%). The shares of Johnson & Johnson declined the most (JNJ, -0.20%).

Almost all sectors of the S & P index recorded an increase. The leader of growth was the sector of industrial goods (+ 1.1%). Only the utilities sector fell (-0.1%).

At closing:

DJIA + 0.73% 20.701.78 +150.80

Nasdaq + 0.60% 5.875.14 +34.77

S & P + 0.73% 2,358.59 +17.00

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