• The main US stock indexes rose on the basis of today's trading

Market news

6 November 2017

The main US stock indexes rose on the basis of today's trading

The main US stock indexes finished the session in positive territory, and Nasdaq during the session renewed its record high against the news about the possible takeover of QUALCOMM Incorporated by Broadcom Limited for $ 103 bn, which is the biggest takeover in the chip manufacturers sector.

Important statistical data that could have an impact on the mood of market participants, was not published.

The corporate reporting season continues, but the number of "significant" issuers in the list of those who have yet to publish results, begins to decline. Priceline (PCLN) will present its quarterly report after the close of today's session, while 21st Century Fox (FOXA), Walt Disney (DIS) and NVIDIA (NVDA) will report later this week.

Quotes of oil jumped by more than 3% on Monday, and reached their highest level since July 2015, as the Crown Prince of Saudi Arabia consolidated his power over the weekend by "cleaning" the political elite, and global markets continued to tighten. Analysts do not yet see that Saudi Arabia, the world's largest oil exporter, is changing its policy of raising the price of crude oil.

Components of the DOW index finished trading mixed (13 in positive territory, 17 in negative territory). The leader of growth was the shares of The Walt Disney Company (DIS, + 2.20%). Outsider were the shares of Verizon Communications Inc. (VZ, -4.09%).

Most sectors of the S & P index recorded an increase. The base resources sector grew most (+ 2.0%). The health sector showed the greatest decline (-0.3%).

At closing:

DJIA + 0.04% 23.548.42 +9.23

Nasdaq + 0.33% 6,786.44 +22.00

S & P + 0.13% 2.591.13 +3.29

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