Major US stock indexes rose slightly, investors evaluate US economic data against the background of the general economic recovery.

For example, a report published by the Institute for Supply Management (ISM), showed that in May manufacturing activity in the US has improved, beating forecasts for a slight improvement. PMI index for the US manufacturing in May was 52.8 points versus 51.5 points in April. The latter value was higher than the estimates of experts - is expected to increase to 52.0 points. Opinion about the strength of economic recovery remains mixed, as, ultimately, the Federal Reserve may raise interest rates.

In addition, construction spending in the US rose significantly in April, thus reaching its highest level in more than six years, which helped increase in the sector of housing, non-residential construction and government projects. According to the Ministry of Trade, the results of April construction spending increased by 2.2% (seasonally adjusted), while amounting to $ 1 trillion. (Up to November 2008). We also add the figure for March was revised upward - up to + 0.5% from -0.6%. Experts expect that the cost will increase by 0.8%.

It should also be noted that oil prices fell in today's trading, which was caused by the growth of the US dollar and expectations that oil production by OPEC will remain high. Analysts point out that at the meeting on Friday, the Organization of Petroleum Exporting Countries (OPEC) is likely to decide not to reduce production. According to a May report by oil production in the OPEC in April increased by 18 million barrels - up to 30.84 million barrels per day.

Almost all components of the index DOW closed in positive territory (17 of 30). Outsider shares were Intel Corporation (INTC, -1.65%). Most remaining shares rose Microsoft Corporation (MSFT, + 0.90%).

Almost all sectors of the S & P closed in the positive zone. Most of the services sector grew (+ 0.4%). Outsiders were conglomerates sector (-0.8%).

At the close:

Dow + 0.16% 18,040.37 +29.69

Nasdaq + 0.25% 5,082.93 +12.90

S & P + 0.21% 2,111.73 +4.34

Polish equity market recorded a marginal rise on Monday. The broad market benchmark - the WIG index added 0.13%. Sector-wise, utilities and media sectors were the only decliners, with corresponding measures - the WIG-ENERG index and the WIG-MEDIA index dropping by 1.23% and 0.23% respectively.

The large-cap stocks measure - the WIG30 index underperformed the broad market indicator, inching down 0.02%. Clothing retailer LPP (WSE: LPP) led the decliners, losing 5.53% on repot the company's May gross margin fell 10pp Y/Y. The news the insurer PZU (WSE: PZU) agreed to buy a 25% stake in the banking name ALIOR (WSE: ALR) to build a top-five banking group in Poland dragged down the quotations of both companies: the former lost 2.72% on fears the company's plans may limit its dividend payout, while the latter fell by 1.02% as the agreed deal value indicated a price tag of PLN 89.25 per share compared to the bank's closing price on Friday of PLN 92.96. Besides, notable losses were generated by PGE (WSE: PGE; -1.95%), HANDLOWY (WSE: BHW; -1.47%) and ING BSK (WSE: ING; -1.38%). At the same time, BZ WBK (WSE: BZW) outperformed, advancing 3.44%. It was followed by KGHM (WSE: KGH), gaining 2.82% on the back of higher copper prices. GTC (WSE: GTC) went up by 2.45% as the WSE announced requirements for the company for its stock to be withdrawn from the market. The action is aimed to protect the rights of minority shareholders.

Major U.S. stock-indexes rose on Monday, as investors digested a slew of data that sent a mixed picture on the pace of the economy's recovery. Data from ISM showed the pace of manufacturing growth rose in May. Other data showed construction spending surged in April, but consumer spending was unexpectedly flat. The data left investor's with mixed thoughts about the strength of the economy's recovery and, ultimately, when the Federal Reserve will raise interest rates.

Most of Dow stocks in positive area (20 of 30). Top looser - Intel Corporation (INTC, -1.36%). Top gainer - Microsoft Corporation (MSFT, +1.25%).

Most of S&P index sectors also in positive area. Top gainer - Services (+0,4%). Top looser - Basic Materials (-0.7%).

At the moment:

Dow 18065.00 +56.00 +0.31%

S&P 500 2112.75 +6.75 +0.32%

Nasdaq 100 4529.00 +18.00 +0.40%

10-year yield 2.18% +0.08

Oil 59.55 -0.75 -1.24%

Gold 1191.00 +1.20 +0.10%

Stock indices closed mixed on mixed economic data from the Eurozone and as the Greek debt crisis weighed on markets. German preliminary consumer price index rose 0.1% in May, in line with expectations, after a flat reading in April.

The increase was driven by higher energy, food and services costs.

On a yearly basis, German preliminary consumer price index increased to 0.7% in May from 0.5% in April, in line with expectations. It was the highest level since October 2014.

Eurozone's final manufacturing purchasing managers' index (PMI) rose to 52.2 in May from 52.0 in April, down from a preliminary reading of 52.3.

Spain, the Netherlands and Italy were strongest performers.

Markit's Chief Economist Chris Williamson said that Spain and Italy benefited in particular from exports.

Germany's final manufacturing PMI decreased to 51.1 in May from 52.1 in April, down from a preliminary reading of 51.4.

France's final manufacturing PMI climbed to 49.4 in May from 48.0 in April, up a preliminary reading of 49.3.

The Greek debt crisis also weighed on markets. Greece have to repay €300 million IMF loans this week but a new debt deal between Greece and its creditors is not reached yet.

Markit Economics released its manufacturing purchasing managers' index (PMI) for the U.K. on Monday. The Markit/Chartered Institute of Procurement & Supply manufacturing PMI for the U.K. increased to 52.0 in May from 51.8 in April, missing expectations for a rise to 52.5. April's figure was revised down from 51.9.

The increase was driven by rises in output and new orders.

Indexes on the close:

Name Price Change Change %

FTSE 100 6,953.58 -30.85 -0.44 %

DAX 11,436.05 +22.23 +0.19 %

CAC 40 5,025.3 +17.41 +0.35 %

Boston Fed President Eric Rosengren said on Monday that it is not right time for hiking interest rate.

"The conditions for beginning the tightening of monetary policy have not yet been met," Rosengren said.

Boston Fed president noted that there is only a little sign of a rebound.

"The data have disappointed before, and an appropriately data-dependent monetary policy requires confirmation in the numbers, not just in forecasts of better times," Rosengren said.

Rosengren is not a voting member of the Federal Open Market Committee this year.

The Institute for Supply Management released its manufacturing purchasing managers' index for the U.S. on Monday. The index climbed to 52.8 in May from 51.5 in April, exceeding expectations for a gain to 52.0. It was the highest level since February.

A reading above 50 indicates expansion, below indicates contraction.

The increase was driven by a rise in the employment index, which rose to 51.7 in May from 48.3 in April.

The production index dropped to 54.5 in May from 56.0 in April.

The new orders index was up to 55.8 in May from 53.5 in April.

The prices paid index increased to 49.5 in May from 40.5 in April.

The Institute for Supply Management released its manufacturing purchasing managers' index for the U.S. on Wednesday. The index climbed to 53.5 in June from 52.8 in May, exceeding expectations for a gain to 53.1. It was the highest level since January.

A reading above 50 indicates expansion, below indicates contraction.

The increase was driven by higher employment in the manufacturing sector. The employment index climbed to 55.5 in June from 51.7 in May.

The production index fell to 54.0 in June from 54.5 in May.

The new orders index was up to 56.0 in June from 55.8 in May.

The prices paid index remained unchanged at 49.5 in June.

The U.S. Commerce Department released construction spending data on Monday. Construction spending in the U.S. rose 2.2% in April, exceeding expectations for a 0.8% gain, after a 0.5% increase in March. It was the highest rise since May 2012.

March's figure was revised up from a 0.6% decrease.

The rise was driven by an increase in private and public construction. Private construction spending gained 1.8% in April. It was the highest level since October 2008.

Public construction spending jumped 3.3% due to higher spending on state and local government projects.

Markit Economics released its final manufacturing purchasing managers' index (PMI) for the U.S. on Monday. The U.S. final manufacturing purchasing managers' index (PMI) fell to 54.0 in May from 54.1 in April, beating the previous estimate of a decline to 53.8.

A reading above 50 indicates expansion in economic activity.

The decline was driven by lower new orders. The final new orders index slid to 54.3 in May from 55.3 in April. It was the lowest level since January 2014.

The Markit Chief Economist Chris Williamson said that lower new orders "provides further evidence that the strong dollar is hurting the economy".

Destatis released its consumer price data for Germany on Monday. German preliminary consumer price index rose 0.1% in May, in line with expectations, after a flat reading in April.

The increase was driven by higher energy, food and services costs.

On a yearly basis, German preliminary consumer price index increased to 0.7% in May from 0.5% in April, in line with expectations. It was the highest level since October 2014.

U.S. stock-index futures rose amid optimism on progress in Greece's debt talks and before data on manufacturing activity.

Global markets:

Nikkei 20,569.87 +6.72 +0.03%

Hang Seng 27,597.16 +172.97 +0.63%

Shanghai Composite 4,829.44 +217.70 +4.72%

FTSE 6,985.07 +0.64 +0.01%

CAC 5,043.05 +35.16 +0.70%

DAX 11,442.5 +28.68 +0.25%

Crude oil $60.00 (-0.50%)

Gold $1190.60 (+0.21%)

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

The U.S. Commerce Department released personal spending and income figures on Monday. Personal spending was flat in April, missing expectations for 0.2% gain, after a 0.5% increase in March. March's figure was revised up from a 0.4% rise.

Consumer spending makes more than two-thirds of U.S. economic activity.

Consumers cut back on purchases. The saving rate rose to 5.6% in April from 5.2% in March.

Personal income increased 0.4% in April, exceeding expectations for a 0.3% rise, after a flat reading in March.

The increase in personal spending was driven by a rise in in wages and salaries, which climbed 0.2% in April.

The personal consumption expenditures (PCE) price index excluding food and energy rose 0.1% in April, missing forecasts of a 0.2% increase, after a 0.1% gain in March.

On a yearly basis, the PCE price index excluding food and index increased 1.2% in April, after a 1.3% gain in March.

The PCE index is below the Fed's 2% inflation target. The PCE index is the Fed's preferred measure of inflation.

Upgrades:

Citigroup (C) upgraded from Neutral to Buy at Goldman, tarhet raised from $57 to $61

Downgrades:

Other:

Stock indices traded lower on mostly weaker-than-expected manufacturing purchasing mangers' index from the Eurozone.

Eurozone's final manufacturing purchasing managers' index (PMI) rose to 52.2 in May from 52.0 in April, down from a preliminary reading of 52.3.

Spain, the Netherlands and Italy were strongest performers.

Markit's Chief Economist Chris Williamson said that Spain and Italy benefited in particular from exports.

Germany's final manufacturing PMI decreased to 51.1 in May from 52.1 in April, down from a preliminary reading of 51.4.

France's final manufacturing PMI climbed to 49.4 in May from 48.0 in April, up a preliminary reading of 49.3.

The Greek debt crisis also weighed on markets. Greece have to repay €310 million IMF loans this week but a new debt deal between Greece and its creditors is not reached yet.

Markit Economics released its manufacturing purchasing managers' index (PMI) for the U.K. on Monday. The Markit/Chartered Institute of Procurement & Supply manufacturing PMI for the U.K. increased to 52.0 in May from 51.8 in April, missing expectations for a rise to 52.5. April's figure was revised down from 51.9.

The increase was driven by rises in output and new orders.

Current figures:

Name Price Change Change %

FTSE 100 6,969.14 -15.29 -0.22 %

DAX 11,360.35 -53.47 -0.47 %

CAC 40 4,995.53 -12.36 -0.25 %

Markit Economics released its manufacturing purchasing managers' index (PMI) for the U.K. on Monday. The Markit/Chartered Institute of Procurement & Supply manufacturing PMI for the U.K. increased to 52.0 in May from 51.8 in April, missing expectations for a rise to 52.5. April's figure was revised down from 51.9.

A reading above 50 indicates expansion.

The increase was driven by rises in output and new orders.

"Expectations of a broad rebound in UK economic growth during the second quarter of the year are called into question by these readings. Manufacturing looks on course to act as a minor drag on the economy, as the sector is hit by the combination of the strong pound and weak business investment," Markit's Senior Economist Rob Dobson said.

Markit Economics released its final manufacturing purchasing managers' index (PMI) for the Eurozone on Monday. Eurozone's final manufacturing purchasing managers' index (PMI) rose to 52.2 in May from 52.0 in April, down from a preliminary reading of 52.3.

Spain, the Netherlands and Italy were strongest performers.

Markit's Chief Economist Chris Williamson said that Spain and Italy benefited in particular from exports.

Germany's final manufacturing PMI decreased to 51.1 in May from 52.1 in April, down from a preliminary reading of 51.4.

France's final manufacturing PMI climbed to 49.4 in May from 48.0 in April, up a preliminary reading of 49.3.

Greece's Interior Minister Nikos Voutsis said on Saturday that Athens will reach a new debt deal with its creditors this week.

"We believe that we can and we must have a solution and a deal within the week," Voutsis noted.

The Greek interior minister is not involved in talks.

"Some parts of our program could be pushed back by six months or maybe by a year, so that there is some balance," he added.

Voutsis did not point out what parts of the anti-austerity program could be pushed back.

President of the Federal Reserve Bank of St. Louis James Bullard said on Thursday that the Fed's base case is the interest rate hike in 2015.

He noted that the first quarter figures were "a little bit suspect".

"The base case is definitely that we want to, at least for me, is that we definitely want to normalize policy, but we do have to get by this issue about the first-quarter GDP," the president of the Federal

Reserve Bank of St. Louis said. Bullard does not have a vote on the Fed's policy committee.

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

Nikkei 225 20,563.15 +11.69 +0.06 %

Hang Seng 27,424.19 -30.12 -0.11 %

S&P/ASX 200 5,777.2 +64.07 +1.12 %

Shanghai Composite 4,613.19 -7.08 -0.15 %

FTSE 100 6,984.43 -56.49 -0.80 %

CAC 40 5,007.89 -129.94 -2.53 %

Xetra DAX 11,413.82 -263.75 -2.26 %

S&P 500 2,107.39 -13.40 -0.63 %

NASDAQ Composite 5,070.03 -27.95 -0.55 %

Dow Jones 18,010.68 -115.44 -0.64 %