• The main US stock indexes completed trading almost unchanged

Market news

8 May 2018

The main US stock indexes completed trading almost unchanged

Major US stock indices closed around zero on Tuesday, weighed down by shares in the technology sector and utilities.

Investors also expected the US president's decision on the Iranian issue. As a result, Trump announced the withdrawal from the nuclear deal with Iran Trump said that the nuclear agreement with Iran was "defective in nature," and added that the agreement "did not keep Iran's nuclear ambitions". "The US will introduce" economic sanctions against Iran at the highest level, "Trump said," If we do not withdraw from the nuclear deal with Iran, then the nuclear arms race will begin in the Middle East. "

A certain impact on the course of the auction was provided by the Job Vacancy and Labor Flow Survey (JOLTS) from the US Bureau of Labor Statistics. It reported that in March the number of vacancies increased to 6.550 million, updating a record high. Meanwhile, the indicator for February was revised upwards to 6.078 million from 6.052 million. Analysts had expected that the number of vacancies would increase only to 6,101 million. The vacancy rate was 4.2%, up by 0.3% compared to February.

Most of the components of DOW finished trading in the red (17 out of 30). Leader of the growth were shares of JPMorgan Chase & Co. (JPM, + 1.45%). Outsider were the shares of Verizon Communications Inc. (WMT, -1.61%).

Most S & P sectors recorded a decline. The utilities sector showed the greatest decrease (-2.1%). The industrial goods sector grew most (+ 0.6%).

At closing:

Index

Dow 24,360.21 +2.89 +0.01%

S&P 500 2,671.92 -0.71 -0.03%

Nasdaq 100 7,266.90 +1.69 +0.02%

Market Focus
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