The main US stock indices grew moderately, and Dow reached a record level on the background of the growth of bank shares, as well as rebound of shares in the technological sector.
A small influence on the course of trading was provided by the US. The Bureau of Employment Accounting said that in May the decline in the cost of gasoline and other fuels was holding back wholesale price inflation in the US, but upward pressure on prices was maintained in many areas of the economy. The producer price index was unchanged in May after an increase of 0.5% in April. Economists did not predict any changes in the PPI. Constant reading in wholesale inflation, as expected, was associated with a fall in prices for gas and fuel. Wholesale prices for gasoline fell by 11.2%. Wholesale prices for food also fell for the first time in six months. Basic wholesale prices fell by 0.1% in May. The base inflation rate for the last 12 months increased by 2.1%, remaining unchanged from April.
Oil prices rose by about 1% on Tuesday, despite the fact that OPEC reported an increase in production in May. The OPEC monthly report showed that production in the group increased in May by 336,000 barrels per day, to 32.14 million barrels per day, which was caused by the restoration of production in Nigeria and Libya, which are exempt from cuts in supplies. The report also said that the market's rebalancing is "slow". Investors are also preparing to release data on oil stocks in the US. Today, the report will be presented by the American Petroleum Institute, and on Wednesday official figures will be released from the US Energy Ministry.
Most of the components of the DOW index showed growth (20 out of 30). Most fell shares of General Electric Company (GE, -1.81%). Leader of growth were shares of Visa Inc. (V, + 1.69%).
All sectors of the S & P index finished trading in positive territory. The leader of growth was the sector of basic materials (+ 0.7%).
At closing:
DJIA + 0.44% 21,328.88 +93.21
Nasdaq + 0.73% 6,220.37 +44.90
S & P + 0.45% 2.440.35 +10.96
U.S. stock-index futures rose, signaling stock market gains for the first time in three days, as investors awaited the beginning of the Fed's two-day meeting.
Stocks:
Nikkei 19,898.75 -9.83 -0.05%
Hang Seng 25,852.10 +144.06 +0.56%
Shanghai 3,154.38 +14.50 +0.46%
S&P/ASX 5,772.77 +94.96 +1.67%
FTSE 7,513.17 +1.30 +0.02%
CAC 5,264.08 +23.49 +0.45%
DAX 12,767.57 +77.13 +0.61%
Crude $45.90 (-0.39%)
Gold $1,262.80 (-0.48%)
(company / ticker / price / change ($/%) / volume)
Amazon.com Inc., NASDAQ | AMZN | 1011.25 | 0.98(0.10%) | 8648 |
American Express Co | AXP | 80 | 0.05(0.06%) | 767 |
Apple Inc. | AAPL | 155.2 | 0.21(0.14%) | 59552 |
AT&T Inc | T | 38.69 | 0.19(0.49%) | 663 |
Barrick Gold Corporation, NYSE | ABX | 16.45 | -0.19(-1.14%) | 36331 |
Boeing Co | BA | 189.35 | -0.58(-0.31%) | 231 |
Caterpillar Inc | CAT | 104.75 | -0.26(-0.25%) | 405 |
Cisco Systems Inc | CSCO | 31.82 | 0.21(0.66%) | 579 |
Citigroup Inc., NYSE | C | 63.7 | 0.49(0.78%) | 39405 |
Exxon Mobil Corp | XOM | 80.76 | 0.14(0.17%) | 806 |
Facebook, Inc. | FB | 154.78 | 0.07(0.05%) | 62136 |
Ford Motor Co. | F | 11.06 | -0.04(-0.36%) | 3165 |
Freeport-McMoRan Copper & Gold Inc., NYSE | FCX | 12.14 | 0.08(0.66%) | 7701 |
General Electric Co | GE | 27.65 | 0.06(0.22%) | 2449 |
Goldman Sachs | GS | 219.8 | 1.04(0.48%) | 6257 |
Google Inc. | GOOG | 985 | 1.59(0.16%) | 1525 |
Home Depot Inc | HD | 153.35 | -0.15(-0.10%) | 286 |
Intel Corp | INTC | 36.53 | 0.05(0.14%) | 2139 |
JPMorgan Chase and Co | JPM | 85.37 | 0.42(0.49%) | 4883 |
McDonald's Corp | MCD | 151.85 | 0.42(0.28%) | 372 |
Microsoft Corp | MSFT | 72.1 | 0.15(0.21%) | 12070 |
Pfizer Inc | PFE | 31.84 | 0.09(0.28%) | 1342 |
Procter & Gamble Co | PG | 88.1 | 0.25(0.28%) | 1528 |
Starbucks Corporation, NASDAQ | SBUX | 62.48 | 0.24(0.39%) | 6558 |
Tesla Motors, Inc., NASDAQ | TSLA | 372.98 | 2.98(0.81%) | 133730 |
The Coca-Cola Co | KO | 45.08 | -0.05(-0.11%) | 1451 |
Twitter, Inc., NYSE | TWTR | 17.69 | 0.10(0.57%) | 25811 |
Verizon Communications Inc | VZ | 46.31 | 0.12(0.26%) | 943 |
Visa | V | 96.2 | 0.11(0.11%) | 4149 |
Wal-Mart Stores Inc | WMT | 79.25 | 0.32(0.41%) | 519 |
Walt Disney Co | DIS | 104.4 | 0.08(0.08%) | 764 |
Yahoo! Inc., NASDAQ | YHOO | 55.84 | 0.13(0.23%) | 24511 |
Yandex N.V., NASDAQ | YNDX | 26.72 | -0.03(-0.11%) | 2386 |
U.K. stocks slipped Monday, hampered by ongoing questions about the political landscape in Britain after the Conservative Party lost its parliamentary majority last week.
The Nasdaq Composite suffered its worst two-session clobbering on a point basis since September, raising questions about what has sparked a sudden selloff in tech, which has been at the heart of Wall Street's bull run in equities in recent months.
Stocks started Tuesday on stronger footing in Asia after a U.S.-led decline Monday. Wall Street stocks overnight dropped again as technology shares continued to underperform, though the sector's losses were less severe than on Friday. Investors are looking to this week's monetary-policy meeting in the U.S., where another interest-rate increase is anticipated.
(index / closing price / change items /% change)
Nikkei -104.68 19908.58 -0.52%
TOPIX -0.11 1591.55 -0.01%
Hang Seng -322.25 25708.04 -1.24%
CSI 300 -1.78 3574.39 -0.05%
Euro Stoxx 50 -42.12 3543.95 -1.17%
FTSE 100 -15.46 7511.87 -0.21%
DAX -125.28 12690.44 -0.98%
CAC 40 -59.12 5240.59 -1.12%
DJIA -36.30 21235.67 -0.17%
S&P 500 -2.38 2429.39 -0.10%
NASDAQ -32.45 6175.47 -0.52%
S&P/TSX -89.41 15383.80 -0.58%