(index / closing price / change items /% change)
Nikkei +89.20 19865.82 +0.45%
TOPIX +9.88 1637.33 +0.61%
Hang Seng -78.16 27894.08 -0.28%
CSI 300 +4.68 3842.61 +0.12%
Euro Stoxx 50 +10.58 3523.14 +0.30%
FTSE 100 -20.99 7379.70 -0.28%
DAX +28.80 12553.57 +0.23%
CAC 40 +8.58 5217.59 +0.16%
DJIA +39.32 22158.18 +0.18%
S&P 500 +1.89 2498.37 +0.08%
NASDAQ +5.91 6460.19 +0.09%
S&P/TSX -16.60 15126.81 -0.11%
Major US stock indices slightly increased, continuing yesterday's rally, and again renewing its record highs, as the fall in the services sector was offset by an increase in the conglomerate sector.
A certain influence on the dynamics of trading was provided by the US data, which indicated that inflation at the wholesale level recovered by the end of summer, but most of the growth reflects higher prices for gasoline. The Ministry of Labor said that in August the producer price index rose by 0.2%. Economists predicted an increase in wholesale inflation by 0.3% after a slight decline in July. A nearly 10% jump in the cost of gas accounted for most of the increase in wholesale inflation last month. The so-called base prices, a measure that removes food, energy and retail trade, also increased by 0.2%. The base rate is seen as a more stable barometer of inflation. The price increase in August pushed the 12-month rate of inflation to 2.4% from 1.9%, just below the 5-year high.
The cost of oil jumped by more than 1.5 percent after the International Energy Agency (IEA) reported that the global surplus of crude oil began to decline due to strong global demand and falling production among OPEC countries and other producers. "Based on recent rates made by investors, the expectations are that the markets are tightening and prices will grow, although very modestly," the IEA monthly report says. "The growth in demand continues to be stronger than expected, especially in Europe and the US," the IEA said, while increasing its estimate of world oil demand growth in 2017 to 1.6 million barrels per day from 1.5 million barrels per day.
Most components of the DOW index recorded a rise (19 out of 30). The leader of growth was shares of Chevron Corporation (CVX, + 1.54%). Outsider were shares of Caterpillar Inc. (CAT, -1.18%).
Most sectors of the S & P index finished trading in the red. The utilities sector showed the greatest decrease (-0.5%). The conglomerate sector grew most (+ 0.7%).
At closing:
DJIA + 0.18% 22,158.18 +39.32
Nasdaq + 0.09% 6,460.19 +5.91
S & P + 0.08% 2.498.36 +1.88
U.S. stock-index futures were slightly lower on Wednesday as Apple (AAPL) fell on concerns surrounding iPhone X's large price tag ($999) and later than expected shipping date (November 3) and as North Korea showed a trademark defiance over new U.N. sanctions.
Global Stocks:
Nikkei 19,865.82 +89.20 +0.45%
Hang Seng 27,894.08 -78.16 -0.28%
Shanghai 3,385.54 +6.05 +0.18%
S&P/ASX 5,744.26 -2.18 -0.04%
FTSE 7,378.50 -22.19 -0.30%
CAC 5,211.61 +2.60 +0.05%
DAX 12,537.46 +12.69 +0.10%
Crude $48.69 (+0.95%)
Gold $1,336.90 (+0.32%)
(company / ticker / price / change ($/%) / volume)
Amazon.com Inc., NASDAQ | AMZN | 983.99 | 1.41(0.14%) | 5762 |
Apple Inc. | AAPL | 160 | -0.86(-0.53%) | 360977 |
AT&T Inc | T | 36.3 | 0.04(0.11%) | 2607 |
Barrick Gold Corporation, NYSE | ABX | 17.5 | 0.07(0.40%) | 29764 |
Caterpillar Inc | CAT | 121.23 | 0.29(0.24%) | 414 |
Cisco Systems Inc | CSCO | 32.21 | -0.20(-0.62%) | 5837 |
Citigroup Inc., NYSE | C | 68.75 | -0.04(-0.06%) | 6587 |
Exxon Mobil Corp | XOM | 79.55 | 0.05(0.06%) | 1361 |
Facebook, Inc. | FB | 172.65 | -0.31(-0.18%) | 20377 |
Freeport-McMoRan Copper & Gold Inc., NYSE | FCX | 13.99 | -0.31(-2.17%) | 105415 |
General Motors Company, NYSE | GM | 37.85 | -0.04(-0.11%) | 3482 |
Home Depot Inc | HD | 160.3 | 0.39(0.24%) | 3443 |
Intel Corp | INTC | 36.13 | 0.04(0.11%) | 626 |
JPMorgan Chase and Co | JPM | 90.8 | -0.09(-0.10%) | 900 |
McDonald's Corp | MCD | 156.4 | 0.07(0.04%) | 3265 |
Microsoft Corp | MSFT | 74.65 | -0.03(-0.04%) | 2088 |
Nike | NKE | 53.55 | 0.15(0.28%) | 2691 |
Starbucks Corporation, NASDAQ | SBUX | 53.5 | -0.04(-0.07%) | 791 |
Tesla Motors, Inc., NASDAQ | TSLA | 362.9 | 0.15(0.04%) | 16529 |
Twitter, Inc., NYSE | TWTR | 18.11 | -0.06(-0.33%) | 20027 |
United Technologies Corp | UTX | 110.2 | 0.34(0.31%) | 3848 |
Verizon Communications Inc | VZ | 46.89 | 0.10(0.21%) | 503 |
Visa | V | 106.26 | 0.05(0.05%) | 878 |
Wal-Mart Stores Inc | WMT | 79.5 | -0.11(-0.14%) | 264 |
Walt Disney Co | DIS | 97.97 | 0.08(0.08%) | 1892 |
Amazon (AMZN) initiated with a Buy at Loop Capital; target $1200
McDonald's (MCD) target raised to $173 from $170 at Mizuho
Tesla (TSLA) target raised to $210 from $165 at Barclays; maintain Underweight
European stocks advanced Tuesday, with gains for financial shares reflecting rise in benchmark yields in government bonds in line with an improvement for perceived riskier assets such as equities among investors. The Stoxx Europe 600 index SXXP, +0.52% picked up 0.5% to close at 381.42, scoring a fifth straight day of wins. That marks the longest winning streak for the pan-European benchmark since April, according to FactSet data.
All three major U.S. stock indexes booked all-time closing highs on Tuesday, though gains were capped by unsteady trade in technology, after a brisk, broad-market run-up in the previous session. It marks the first time all three benchmarks finished at records on the same day since July 26, underlining a resurgence, albeit measured, in buying on Wall Street. Investors also focused on a key product debut from Apple.
Equity markets in Asia lacked direction early Wednesday, as broad gains in financials lifted stocks in Australia and Japan, though China's markets underperformed. Global risk appetite returned this week, with all three major U.S. stock indexes hitting fresh highs overnight as geopolitical tensions eased. In addition, Hurricane Irma didn't do as much damage to Florida as expected and U.S. oil refiners have ramped up after Hurricane Harvey battered Texas.