The main US stock indices grew moderately due to a rise in the price of shares of General Electric (GE) and shares of the technology sector, helping Wall Street to compensate for the losses of the previous day due to global trade tensions.

General Electric Co. (GE) intends to allocate its healthcare business to a separate company, as well as sell its stake in the oil service company Baker Hughes. The value of GE shares jumped by 8.41%. However, it is worth noting that since today GE shares are no longer included in the Dow Jones Industrial Average.

A certain influence on the course of trading also provided data on the United States. The national housing price index of S & P / Case-Shiller, covering all nine census divisions in the US, grew by 6.4% per annum in April, compared with 6.5% in March. The index for 10 cities reflected an annual increase of 6.2%, compared with 6.4% in the previous month. The index for 20 cities posted a profit of 6.6% compared to the previous year, compared with 6.7% in the previous month.

At the same time, the index of consumer confidence from the Conference Board fell in June to 126.4 (1985 = 100), compared to 128.8 in May. The index of the current situation was relatively unchanged, 161.1 against 161.2 last month, while the index of expectations dropped from 107.2 last month to 103.2 this month.

Most of the components of DOW finished trading in positive territory (17 out of 30). The leader of growth was shares of General Electric Company (GE, + 8.41%). Outsider were shares of Intel Corporation (INTC, -2.21%).

Almost all sectors of S & P recorded a rise. The commodities sector grew most (+ 1.6%). Decrease showed only the health sector (-0.1%).

At closing:

Dow 24,282.16 +29.36 +0.12%

S & P 500 2,723.01 +5.94 +0.22%

Nasdaq 100 7,561.63 +29.62 +0.39%