(index / closing price / change items /% change)

Nikkei +479.79 19594.16 +2.51%

TOPIX +35.87 1554.48 +2.36%

Hang Seng -15.93 22134.47 -0.07%

CSI 300 +26.08 3368.31 +0.78%

Euro Stoxx 50 +2.50 3317.52 +0.08%

FTSE 100 +11.85 7189.74 +0.17%

DAX +0.07 11584.31 +0.00%

CAC 40 +0.07 4899.40 +0.00%

DJIA +60.40 19942.16 +0.30%

S&P 500 +12.92 2270.75 +0.57%

NASDAQ +47.92 5477.00 +0.88%

S&P/TSX +113.72 15516.75 +0.74%

Major stock Wall Street indices showed an increase during the second trading day of the year, supported by stocks of consumer goods companies in the sector, as well as the expectations of the investors of the December Fed meeting minutes.

According to the minutes, Fed officials noted "considerable uncertainty" regarding Trump policy impact on the economy. Almost all the leaders of the Central Bank believe that fiscal stimulus could accelerate the growth of the national economy in the next few years. However, the Fed emphasized the uncertainty with regards to the timing, scale and composition of future policies. In addition, Fed officials agreed that it is too early to say what changes will happen and how they will affect the economic outlook. Many participants of the meeting also talked about his concern at the fact that the increased uncertainty "hampered the process of communication about the likely course of interest rates." Recall that in December, Fed officials voted unanimously to increase the key rate to a range of 0.50% -0.75%.

In addition, as it became known today, the index of business activity in New York significantly improved the results of December, exceeding the estimates of experts, and showing the second consecutive monthly expansion. This is evidenced by a report published by the Institute for Supply Management (ISM) in New York. According to the data, the index assesses the economic conditions in the sectors of production and services for the companies listed in New York, jumped in December to 63.8 points compared to 52.5 points in November. Economists had forecast that the index was 53.5 points.

Oil futures rose about 1.5 percent, which was due to expectations of reductions in US oil inventories and signs that oil producers will adhere to the agreed conditions to reduce oil production, which came into force this week. The American Petroleum Institute (API) will publish its data on oil reserves in the United States today, and tomorrow will come the official statistics from the US Department of Energy. Analysts expect the US Energy Department reported a decline in crude oil inventories of 2.3 million barrels. Recall the previous week crude oil inventories rose by 0.614 million barrels.

DOW index components closed mostly in positive territory (16 of 30). Most remaining shares rose NIKE, Inc. (NKE, + 2.28%). Outsider were shares of Cisco Systems, Inc. (CSCO, -1.39%).

All business sectors S & P index ended the session in positive territory. The leader turned conglomerates sector (+ 2.4%).

At the close:

Dow + 0.30% 19,941.61 +59.85

Nasdaq + 0.88% 5,477.01 +47.93

S & P + 0.57% 2,270.72 +12.89

Major U.S. stock-indexes rose in the second trading day of the new year, supported by consumer discretionary stocks, as investors awaited minutes of the Federal Reserve's December meeting where it raised interest rates. The central bank had cited strength in the labor market and a slight uptick in inflation among reasons for its move.

Most of Dow stocks in positive area (17 of 30). Top gainer - NIKE, Inc. (NKE, +1.77%). Top loser - Cisco Systems, Inc. (CSCO, -1.02%).

All S&P sectors also in positive area. Top gainer - Conglomerates (+2.7%).

At the moment:

Dow 19856.00 +58.00 +0.29%

S&P 500 2263.00 +10.50 +0.47%

Nasdaq 100 4930.75 +24.50 +0.50%

Oil 53.29 +0.96 +1.83%

Gold 1165.40 +3.40 +0.29%

U.S. 10yr 2.46 +0.01

Информационно-аналитический отдел TeleTrade

Polish equity market closed higher on Wednesday. The broad market benchmark, the WIG Index, surged by 0.42%. Sector performance within the WIG Index was mixed. Mining (+2.49%) outperformed, while clothes (-0.89%) lagged behind.

The large-cap stocks added 0.57%, as measured by the WIG30 Index. Within the index components, coking coal miner JSW (WSE: JSW) led the gainers pack with a 4.63% advance, recovering somewhat after two weeks of declines, which pushed the stock's quotation down nearly 20%. It was followed by FMCG-wholesaler EUROCASH (WSE: EUR) and two banking names ING BSK (WSE: ING) and ALIOR (WSE; ALR), climbing by 2.72%-3.39%. On the other side of the ledger, footwear retailer CCC (WSE: CCC) recorded the biggest drop of 2.88%, breaking a six-session streak of gains. Other major decliners were insurer PZU (WSE: PZU), bank BZ WBK (WSE: BZW) and property developer GTC (WSE: GTC), plunging by 1.92%, 1.6% and 1.58% respectively.

The market in the US started wit rise, which increased slightly after the first transactions. In addition, there is a noticeable revival of copper, which price rises to surrounding of yesterday's highs, what gives us a good afternoon mood. The Warsaw WIG20 went on the green side and still has a chance to end the day above the level of 2,000 points.

An hour before the close of trading, the WIG20 index was at the level of 1,992 points (+ 0.16%).

U.S. stock-index futures advanced. Investors await the publication of the minutes of the December Federal Open Market Committee meeting.

Global Stocks:

Nikkei 19,594.16 +479.79 +2.51%

Hang Seng 22,134.47 -15.93 -0.07%

Shanghai 3,159.82 +23.90 +0.76%

FTSE 7,178.50 +0.61 +0.01%

CAC 4,901.16 +1.83 +0.04%

DAX 11,574.55 -9.69 -0.08%

Crude $52.67 (+0.65%)

Gold $1,165.60 (+0.31%)

(company / ticker / price / change ($/%) / volume)

Upgrades:

Chevron (CVX) upgraded to Buy from Neutral at BofA/Merrill

Altria (MO) upgraded to Buy from Neutral at BofA/Merrill

Downgrades:

Other:

UnitedHealth (UNH) initiated with an Overweight at Piper Jaffray

McDonald's (MCD) target lowered to $137 from $139 at Instinet

The morning phase of today's trading brought considerable higher activity on the Warsaw Stock Exchange which adds credibility to concluded transactions. The index of the largest companies is still located near the psychological level of 2,000 points, which was defeated in the first fifteen minutes of trading, but it was only a test, after which the graph of the WIG20 index returned even slightly below yesterday's close. European markets show similar behavior and even slightly better publications of PMI's for services did not change this state.

At the halfway point of quotations the WIG20 index was at the level of 1,984 points (-0,26%) and the turnover in the segment of blue chips was amounted to PLN 429 million.

WIG20 index opened at 1991.97 points (+0.12%)*

WIG 52670.78 0.26%

WIG30 2287.43 0.28%

mWIG40 4221.28 0.16%

*/ - change to previous close

The cash market opens with growth of 0.12% at a moderate turnover focused on JSW and Pekao. The German DAX gained 0.2%, which means a slight upward correction in relation to yesterday's weaker close. On the Warsaw Stock Exchange first bars are seen as clear growth and the level of 2,000 points was quickly tested.

After fifteen minutes of trading WIG20 index was at the level of 1,998 points (+0,44%).

European stock markets charged higher again on Tuesday, closing at a fresh one-year high after upbeat Chinese and U.S. manufacturing data fueled optimism over economic growth in the world's two largest economies.

U.S. stocks closed up Tuesday below their highs for the first trading session of 2017 as oil prices dropped. The Dow Jones Industrial Average DJIA, +0.60% rose 119.16 points, or 0.6%, to finish at 19,881.76, led higher by shares of Nike Inc. NKE, +2.26% and Verizon Communications Inc. VZ, +2.25% The S&P 500 index SPX, +0.85% closed up 19.00 points, or 0.9%, at 2,257.83, with the telecom and health care sectors the strongest performers.

Japanese equities kicked off the new year sharply higher on Wednesday, leading the region's gains amid a robust outlook for the U.S. economy, coupled with expectations of continued yen weakness.