• The main US stock indices fell sharply as a result of today's trading

Market news

30 January 2018

The main US stock indices fell sharply as a result of today's trading

Major US stock indexes finished the session in negative territory, while the Dow Jones Industrial Average and S & P indexes fell by more than 1%, as bond yields increased and companies' shares in the healthcare sector declined.

In addition, as it became known today, the housing price index from S & P / Case-Shiller for 20 cities increased seasonally by 0.7% over the three-month period ending in November, compared with the same period that ended in October , and grew by 6.4% compared to a year earlier. The national index grew seasonally adjusted by 0.7% MoM and 6.2% YoY.

At the same time, the index of consumer confidence from the Conference Board grew in January after a decline in December. The index is now 125.4, compared with 123.1 in December. The index of the current situation slightly decreased - from 156.5 to 155.3, and the index of expectations rose from 100.8 last month to 105.5 this month.

The cost of oil declined significantly on Tuesday, continuing yesterday's trend, which was caused by evidence of rising oil production in the US. In addition, cautious investors sold stocks, bonds and commodities.

Most components of the DOW index recorded a decline (27 of 30). Outsider were shares UnitedHealth Group Incorporated (UNH, -4.04%). The growth leader was the shares of Caterpillar Inc. (CAT, + 1.13%).

Almost all sectors of S & P finished trading in the red. The health sector showed the greatest decline (-1.7%). Only the utilities sector grew (+ 0.1%).

At closing:

DJIA -1.37% 26,076.89 -362.59

Nasdaq -0.86% 7.402.48 -64.02

S & P -1.09% 2,822.43 -31.10

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