Major US stock indexes finished trading near the zero mark, as investors are in anticipation of the Fed's speech and the start of the reporting season for the second quarter ..
Certain pressure on the market was provided by the reports confirming the connection between Trump and Russia. The son of the US president published a correspondence between him and Rob Goldstone, a former British journalist who was trying to organize a meeting with Russian businessmen offering dirt on Hillary Clinton, namely official documents and information about her with Russia. Soon informed sources said that the US Senate Intelligence Committee plans to request from Donald Trump Jr. the documents mentioned in the correspondence.
Investors' attention was also attracted by statistics on the United States. As the report, published today by the Ministry of Trade, showed, wholesale stocks in the US grew slightly more than expected in May. The Commerce Department reported that wholesale inventories rose 0.4% in May after a revised decline of 0.4% in April. Economists had expected reserves to grow by 0.3%, compared with a 0.5% decrease, which was originally reported for the previous month.
In addition, the Job Vacancy and Labor Force Survey (JOLTS), published by the US Bureau of Labor Statistics, showed that in May the number of vacancies fell to 5.666 million. Meanwhile, the indicator for April was revised downwards to 5.967 million from 6.044 million. Analysts had expected that the number of vacancies would drop only to 5.950 million. The vacancy rate was 3.7% compared with 3.9% in April.
Components of the DOW index finished the trades mixed (16 in the red, 14 in the black). The leader of growth was shares of General Electric Company (GE, + 1.36%). Outsider were shares of NIKE, Inc. (NKE, -0.89%).
Most sectors of the S & P recorded a rise. The sector of basic materials grew most (+ 0.6%). The largest decrease was shown in the financial sector (-0.2%).
At closing:
DJIA + 0.01% 21,409.69 +1.17
Nasdaq + 0.27% 6.193.31 +16.92
S & P -0.08% 2,425.54 -1.89
U.S. stock-index futures were flat as investors were focused on tomorrow's testimony of the Fed Chair Janet Yellen before Congress, a batch of important economic data, including PPI, CPI and retail sales, which will be released on Thursday and Friday, and the kickoff of earnings season as well.
Global Stocks:
Nikkei 20,195.48 +114.50 +0.57%
Hang Seng 25,877.64 +377.58 +1.48%
Shanghai 3,203.18 -9.45 -0.29%
S&P/ASX 5,703.57 -55.20 -0.96%
FTSE 7,316.56 -53.47 -0.73%
CAC 5,149.89 -15.75 -0.30%
DAX 12,460.71 +14.79 +0.12%
Crude $44.02 (-0.86%)
Gold $1,210.20 (-0.25%)
(company / ticker / price / change ($/%) / volume)
ALCOA INC. | AA | 34.23 | 0.09(0.26%) | 200 |
Amazon.com Inc., NASDAQ | AMZN | 994.75 | -1.72(-0.17%) | 23478 |
Apple Inc. | AAPL | 144.6 | -0.46(-0.32%) | 89617 |
AT&T Inc | T | 36.92 | 0.09(0.24%) | 895 |
Barrick Gold Corporation, NYSE | ABX | 15.76 | -0.06(-0.38%) | 6017 |
Caterpillar Inc | CAT | 107.7 | -0.14(-0.13%) | 437 |
Chevron Corp | CVX | 102.85 | -0.19(-0.18%) | 1470 |
Cisco Systems Inc | CSCO | 31.09 | 0.11(0.36%) | 520 |
Citigroup Inc., NYSE | C | 67.8 | 0.15(0.22%) | 3424 |
Exxon Mobil Corp | XOM | 80.48 | 0.32(0.40%) | 30071 |
Facebook, Inc. | FB | 153.1 | -0.40(-0.26%) | 28549 |
Ford Motor Co. | F | 11.31 | -0.03(-0.26%) | 8237 |
Freeport-McMoRan Copper & Gold Inc., NYSE | FCX | 12.56 | 0.04(0.32%) | 9300 |
General Electric Co | GE | 26.03 | -0.01(-0.04%) | 20998 |
Google Inc. | GOOG | 927.6 | -1.20(-0.13%) | 3139 |
Intel Corp | INTC | 33.6 | -0.05(-0.15%) | 921 |
JPMorgan Chase and Co | JPM | 93.15 | -0.04(-0.04%) | 2902 |
McDonald's Corp | MCD | 155.48 | -0.04(-0.03%) | 465 |
Microsoft Corp | MSFT | 69.84 | -0.14(-0.20%) | 4755 |
Nike | NKE | 58.6 | -0.13(-0.22%) | 1539 |
Starbucks Corporation, NASDAQ | SBUX | 57.96 | 0.15(0.26%) | 296 |
Tesla Motors, Inc., NASDAQ | TSLA | 315 | -1.05(-0.33%) | 62545 |
Twitter, Inc., NYSE | TWTR | 18.01 | -0.07(-0.39%) | 5330 |
Verizon Communications Inc | VZ | 43.25 | 0.05(0.12%) | 3511 |
Visa | V | 95.3 | 0.21(0.22%) | 452 |
Wal-Mart Stores Inc | WMT | 73.38 | 0.15(0.20%) | 5074 |
Yandex N.V., NASDAQ | YNDX | 26.14 | -0.37(-1.40%) | 4831 |
Apple (AAPL) target to $132 from $130 at Deutsche Bank
Citigroup (C) initiated with a Hold at HSBC Securities
Exxon Mobil (XOM) upgraded to an Overweight from Equal Weight at Barclays
European stocks advanced Monday, with German equities climbing following data that exports from Europe's largest economy have soared. The gain, the index's biggest in a week, came after Germany's statistics office Destatis said German exports leapt 14.1% in May compared with a year ago in non-adjusted terms, on strong demand from outside the European Union.
Technology shares across the Asia-Pacific rose, tracking overnight strength in U.S. tech companies and boosting the region's equities markets early Tuesday.
U.S. stocks are off to a flat Monday start, treading water ahead of scheduled Federal Reserve remarks, later this week, combined with the beginning of second-quarter earnings season. Against this backdrop, the S&P 500 has maintained the 2,405 breakout point, while the Nasdaq Composite continues to press familiar resistance, circa 6,164.
(index / closing price / change items /% change)
Nikkei +151.89 20080.98 +0.76%
TOPIX +8.42 1615.48 +0.52%
Hang Seng +159.21 25500.06 +0.63%
CSI 300 -2.24 3653.69 -0.06%
Euro Stoxx 50 +14.22 3478.06 +0.41%
FTSE 100 +19.11 7370.03 +0.26%
DAX +57.24 12445.92 +0.46%
CAC 40 +20.48 5165.64 +0.40%
DJIA -5.82 21408.52 -0.03%
S&P 500 +2.25 2427.43 +0.09%
NASDAQ +23.32 6176.40 +0.38%
S&P/TSX +78.13 15105.29 +0.52%