• The main US stock indexes finished trading with a rise

Market news

20 November 2017

The main US stock indexes finished trading with a rise

Major US stock indices slightly increased, supported by a rise in the price of shares of industrial companies

Activity on the market is subsiding, as investors have reduced activity due to the completion of the reporting season, and also on the eve of the Thanksgiving holiday.

In addition, as it became known today, the index of leading indicators (LEI) from the Conference Board for the US increased by 1.2 percent in October to 130.4 (2010 = 100), after an increase of 0.1 percent in September and 0 , 4 percent in August. "In October, the LEI for the US increased sharply, as the impact of hurricanes dissipated," said Ataman Ozildirim, director of business cycles and growth research at the Conference Board. "The growth of LEI, which is associated with broad strengths among its components, indicates that sustained growth in the US economy will continue throughout the festive season and in the new year."

Quotes of oil fell by about 1%, as traders are cautious before the next meeting of OPEC, which is scheduled to discuss the extension of the deal on limiting production.

The components of the DOW index recorded multidirectional dynamics (15 plus, 15 minus). Leader of growth were shares of Verizon Communications Inc. (VZ, + 1.71%). Outsider were the shares of Merck & Co., Inc. (MRK, -2.02%).

Most sectors of the S & P index completed the bidding mixed. The industrial goods sector grew most (+ 0.6%). The largest decline was observed in the conglomerate sector (-0.9%).

At closing:

DJIA + 0.31% 23.431.09 +72.85

Nasdaq + 0.12% 6,790.71 +7.92

S & P + 0.13% 2.582.17 +3.32

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