The main US stock indexes mainly increased, as the rise in price of shares in the technological sector offset losses in the segment of basic materials.
Investors also drew attention to the minutes of the June meeting of the Fed. In this document it was reported that the Fed is preparing to begin reducing the balance in the next months. "Several Fed executives expect that the reduction in the balance sheet will begin" within two months, "although some of them would prefer to wait until the end of the year," the protocol said. - Some leaders of the Fed are concerned that an earlier beginning of the reduction of the balance would signal a more rapid tightening of the policy. In addition, some Fed executives consider the reduction of balance as the reason for a less rapid increase in rates. " The protocol also reported that several executives think that inflation will remain weak due to the weakening of the connection between prices and employment. "Several Fed leaders who supported the rate hike in June are more concerned about the further rate due to weak inflation," the protocol showed.
In addition, market participants analyzed statistics on the United States. The Commerce Department's report showed that new orders for manufactured goods in the US fell more than expected in May, but orders for capital equipment were slightly stronger than previously reported, indicating that the manufacturing sector remains on the path of moderate growth. According to the report, orders fell by 0.8% in May after they fell by 0.3% in April. A decrease of 0.5% was expected.
However, a report published by the Institute of Supply Management (ISM) in New York showed that the business activity in New York improved significantly last month, surpassing the forecasts of analysts, and reaching its peak since April. According to the report, the index rose in June to 55.5 from 46.7 in May. Economists predicted that the index will be 51.1. The index, reflecting economic conditions in 6 months, deteriorated in June to 64.5 against 70.6 in May.
Most components of the DOW index showed a decrease (16 of 30). Outsider were shares of The Walt Disney Company (DIS, -1.73%). The highest increase was registered in Intel Corporation (INTC, + 2.75%).
Most S & P sectors completed the session in different directions. Most fell the sector of main materials (-1.3%). The leader of growth was the technological sector (+ 0.7%).
At closing:
DJIA 0.00% 21.477.97 -1.30
Nasdaq + 0.67% 6,150.86 +40.80
S & P + 0.15% 2.432.57 +3.56
Major U.S. stock-indexes were little changed, as gains in technology stocks were offset by steep declines in energy shares. Investors assessed worse-than-expected data on factory orders for May and awaited minutes of the FOMC's June meeting for clues on interest rate hikes and the balance sheet reduction.
Most of Dow stocks in negative area (16 of 30). Top loser - Exxon Mobil Corp. (XOM, -1.63%). Top gainer - Microsoft Corp. (MSFT, +1.32%).
A majority of S&P sectors in negative area. Top loser - Basic Materials (-1.28%). Top gainer - Technology (+0.53%).
At the moment:
Dow 21410.00 -26.00 -0.12%
S&P 500 2428.00 +3.00 +0.12%
Nasdaq 100 5641.25 +52.00 +0.93%
Crude Oil 45.35 -1.72 -3.65%
Gold 1222.20 +3.00 +0.25%
U.S. 10yr 2.33 -0.01
U.S. stock-index futures rose slightly. Investors awaited minutes of the FOMC's June meeting for clues on interest rate hikes and the balance sheet reduction.
Global Stocks:
Nikkei 20,081.63 +49.28 +0.25%
Hang Seng 25,521.97 +132.96 +0.52%
Shanghai 3,207.08 +24.28 +0.76%
S&P/ASX 5,763.25 -20.57 -0.36%
FTSE 7,371.93 +14.70 +0.20%
CAC 5,185.88 +10.98 +0.21%
DAX 12,454.80 +17.67 +0.14%
Crude $46.42 (-1.38%)
Gold $1,218.20 (-0.08%)
(company / ticker / price / change ($/%) / volume)
Amazon.com Inc., NASDAQ | AMZN | 961.51 | 7.85(0.82%) | 25551 |
American Express Co | AXP | 85.5 | 0.72(0.85%) | 213 |
Apple Inc. | AAPL | 144.1 | 0.60(0.42%) | 68947 |
AT&T Inc | T | 38.2 | 0.09(0.24%) | 8720 |
Barrick Gold Corporation, NYSE | ABX | 15.57 | -0.04(-0.26%) | 28412 |
Caterpillar Inc | CAT | 107.01 | 0.04(0.04%) | 930 |
Chevron Corp | CVX | 106.22 | -0.08(-0.08%) | 220 |
Cisco Systems Inc | CSCO | 31.23 | 0.19(0.61%) | 21497 |
Citigroup Inc., NYSE | C | 68.63 | 0.37(0.54%) | 12237 |
Exxon Mobil Corp | XOM | 81.7 | -0.40(-0.49%) | 6220 |
Facebook, Inc. | FB | 148.9 | 0.47(0.32%) | 52653 |
Ford Motor Co. | F | 11.55 | -0.01(-0.09%) | 22702 |
Freeport-McMoRan Copper & Gold Inc., NYSE | FCX | 12.05 | -0.15(-1.23%) | 24214 |
General Electric Co | GE | 27.51 | 0.06(0.22%) | 10539 |
Goldman Sachs | GS | 229.23 | 1.95(0.86%) | 14438 |
Google Inc. | GOOG | 901.65 | 2.95(0.33%) | 3836 |
JPMorgan Chase and Co | JPM | 93.35 | 0.60(0.65%) | 28393 |
McDonald's Corp | MCD | 152.45 | -0.05(-0.03%) | 238 |
Merck & Co Inc | MRK | 64.15 | -0.12(-0.19%) | 677 |
Microsoft Corp | MSFT | 68.21 | 0.04(0.06%) | 31129 |
Nike | NKE | 58.2 | -0.45(-0.77%) | 24176 |
Pfizer Inc | PFE | 33.84 | 0.02(0.06%) | 202 |
Tesla Motors, Inc., NASDAQ | TSLA | 348.11 | -4.51(-1.28%) | 228322 |
Twitter, Inc., NYSE | TWTR | 17.71 | 0.06(0.34%) | 13603 |
Verizon Communications Inc | VZ | 45.1 | 0.10(0.22%) | 5385 |
Wal-Mart Stores Inc | WMT | 75.73 | 0.37(0.49%) | 1040 |
Walt Disney Co | DIS | 107.45 | -0.01(-0.01%) | 39622 |
Yandex N.V., NASDAQ | YNDX | 26.1 | -0.03(-0.11%) | 200 |
Tesla (TSLA) target lowered to $180 from $190 at Goldman; Sell
Johnson & Johnson (JNJ) target raised to $140 from $135 at Morgan Stanley
European stocks edged lower Tuesday, with the region's benchmark pulling back from its biggest rally in two months, as North Korea's latest missile launch dented appetite for risk. Trading volumes on Tuesday were lighter than usual as trading in the U.S. paused for the Independence Day holiday.
U.S. stock futures inched up Tuesday, as traders focused on Independence Day celebrations rather than making big bets. American stock exchanges and the bond market are closed for the holiday, after trading hours were shortened Monday.
Asian share markets were subdued for a second session on Wednesday as simmering tensions on the Korean peninsula supported safe-harbors including the yen, bonds and gold. A holiday in the United States and a dearth of major data kept activity muted, though minutes of the Federal Reserve's last meeting due later in the day could provide some impetus.
(index / closing price / change items /% change)
Nikkei -23.45 20032.35 -0.12%
TOPIX -4.71 1609.70 -0.29%
Hang Seng -395.16 25389.01 -1.53%
CSI 300 -30.87 3619.98 -0.85%
Euro Stoxx 50 -12.34 3479.47 -0.35%
FTSE 100 -19.86 7357.23 -0.27%
DAX -38.18 12437.13 -0.31%
CAC 40 -20.82 5174.90 -0.40%
DJIA +129.64 21479.27 +0.61%
S&P 500 +5.60 2429.01 +0.23%
NASDAQ -30.36 6110.06 -0.49%
S&P/TSX -51.58 15130.61 -0.34%