Major US stock indexes finished trading in positive territory on the background of positive dynamics of the oil market and the expectations of the publication of important macroeconomic data on the US
Oil prices rose significantly, reaching a month high, helped by speculation that major oil-producing countries can take measures to stabilize prices. Recall, the Minister of Energy of Saudi Arabia Khalid al-Falih recently signaled his country's readiness to implement measures to stabilize the market. Saudi Arabia, the largest OPEC oil producer, is seen as the undeclared leader of the cartel.
As shown by the results of research, published by the Federal Reserve Bank of New York manufacturing index in the region has dropped significantly in August, confounding forecasts of experts. According to the data, the manufacturing index fell this month to -4.21 from 0.55 in July. Economists had expected the index to rise to 2.0.
At the same time, builders confidence in the market for newly built single-family homes in August increased by two points to 60 from a revised 58 with decreasing values in July, according to the housing market index (HMI) of the National Association of Home Builders / Wells Fargo. Two of the three components shown HMI increase in August. The component that measures current sales conditions rose two points to 65, while the index of sales expectations for plotting in the next six months increased by one point to 67. The component that measures customer traffic fell by one point to 44.
Most components of the DOW index finished trading in positive territory (22 of 30). Most remaining shares grew E. I. du Pont de Nemours and Company (DD, + 1.71%). Outsider were shares of UnitedHealth Group Incorporated (UNH, -0.92%).
Almost all sectors of the S & P showed an increase. The leader turned conglomerates sector (+ 1.9%). Decreased only utilities sector (-1.1%).
At the close:
Dow + 0.32% 18,635.98 +59.51
Nasdaq + 0.56% 5,262.02 +29.12
S & P + 0.28% 2,190.13 +6.08
Major U.S. stock-indexes rose on Monday, building on the record-setting rally of the past few weeks, as oil prices jumped. Oil hit a one-month high of about $48 on rising speculation that major producers may try to work out ways to support prices in an oversupplied market. Strong economic data, upbeat corporate earnings and low interest rates have stoked appetite for U.S. equities, driving all three major indexes to record highs.
Most of all Dow stocks in positive area (23 of 30). Top gainer - Intel Corporation (INTC, +1.55%). Top loser - Wal-Mart Stores Inc. (WMT, -0.72%).
Most of S&P sectors in positive area. Top gainer - Conglomerates (+1.6%). Top loser - Utilities (-0.1%).
At the moment:
Dow 18608.00 +85.00 +0.46%
S&P 500 2189.50 +9.25 +0.42%
Nasdaq 100 4831.00 +26.75 +0.56%
Oil 45.40 +0.91 +2.05%
Gold 1347.60 +4.40 +0.33%
U.S. 10yr 1.53 +0.02
U.S. stock-index futures advanced.
Global Stocks:
Nikkei 16,869.56 -50.36 -0.30%
Hang Seng 22,932.51 +165.60 +0.73%
Shanghai 3,125.40 +74.73 +2.45%
FTSE 6,950.97 +34.95 +0.51%
CAC 4,505.01 +4.82 +0.11%
DAX 10,756.16 +42.73 +0.40%
Crude $44.77 (+0.63%)
Gold $1345.50 (+0.17%)
(company / ticker / price / change ($/%) / volume)
ALCOA INC. | AA | 10.26 | 0.09(0.885%) | 34753 |
ALTRIA GROUP INC. | MO | 66.89 | 0.15(0.2248%) | 368 |
Amazon.com Inc., NASDAQ | AMZN | 772.83 | 0.27(0.035%) | 18343 |
Apple Inc. | AAPL | 108.47 | 0.29(0.2681%) | 60324 |
AT&T Inc | T | 43.28 | -0.00(-0.00%) | 3564 |
Barrick Gold Corporation, NYSE | ABX | 21.75 | 0.00(0.00%) | 25467 |
Boeing Co | BA | 133.5 | 0.40(0.3005%) | 2100 |
Chevron Corp | CVX | 102.47 | 0.31(0.3034%) | 504 |
Cisco Systems Inc | CSCO | 31.05 | 0.18(0.5831%) | 17579 |
Citigroup Inc., NYSE | C | 45.79 | 0.21(0.4607%) | 1983 |
Exxon Mobil Corp | XOM | 88.08 | 0.23(0.2618%) | 4303 |
Facebook, Inc. | FB | 125.1 | 0.22(0.1762%) | 55992 |
Ford Motor Co. | F | 12.37 | 0.04(0.3244%) | 6360 |
Freeport-McMoRan Copper & Gold Inc., NYSE | FCX | 11.93 | 0.11(0.9306%) | 66345 |
General Electric Co | GE | 31.26 | 0.02(0.064%) | 320 |
General Motors Company, NYSE | GM | 31.72 | 0.15(0.4751%) | 100 |
Google Inc. | GOOG | 785 | 1.78(0.2273%) | 741 |
Home Depot Inc | HD | 137.88 | 1.31(0.9592%) | 12487 |
Intel Corp | INTC | 34.7 | 0.13(0.3761%) | 601 |
McDonald's Corp | MCD | 119.25 | -0.27(-0.2259%) | 4865 |
Microsoft Corp | MSFT | 58.06 | 0.12(0.2071%) | 3362 |
Nike | NKE | 56.67 | 0.22(0.3897%) | 2037 |
Pfizer Inc | PFE | 35.03 | 0.05(0.1429%) | 3626 |
Procter & Gamble Co | PG | 87.48 | 0.44(0.5055%) | 924 |
Starbucks Corporation, NASDAQ | SBUX | 55.55 | 0.08(0.1442%) | 1129 |
Tesla Motors, Inc., NASDAQ | TSLA | 226.9 | 1.29(0.5718%) | 9204 |
The Coca-Cola Co | KO | 44.11 | 0.08(0.1817%) | 2178 |
Twitter, Inc., NYSE | TWTR | 19.92 | 0.38(1.9447%) | 232406 |
Verizon Communications Inc | VZ | 53.88 | 0.23(0.4287%) | 819 |
Wal-Mart Stores Inc | WMT | 74.07 | 0.18(0.2436%) | 1730 |
Walt Disney Co | DIS | 97.15 | 0.31(0.3201%) | 9772 |
Yahoo! Inc., NASDAQ | YHOO | 43.4 | 0.46(1.0713%) | 316056 |
Yandex N.V., NASDAQ | YNDX | 23.5 | 0.29(1.2495%) | 2850 |
Upgrades:
Procter & Gamble (PG) upgraded to Buy from Neutral at B. Riley & Co
Downgrades:
McDonald's (MCD) downgraded to Hold from Buy at Argus
Other:
European stocks ended a choppy session in the red on Friday after weaker-than-expected U.S. retail sales cast doubt on the health of the world's largest economy.
The Stoxx Europe 600 SXXP, -0.16% dropped 0.2% to close at 346.09, partly erasing a 0.8% gain from Thursday, which was fueled by higher oil prices. For the week, it ended 1.4% higher.
U.S. stocks ended mostly lower Friday, but still eked out small weekly gains, as weakness in shares of mining and chemical companies, along with a rise in active oil rigs, blunted an advance in the energy sector and rising oil prices. Still the Nasdaq closed at an all-time high, one session after all three benchmarks posted record closes on the same day for the first time since 1999. The S&P 500 index SPX, -0.08% ended down 1.8 points, or 0.1%, at 2,183.99, weighed by sharp declines in Alcoa Inc. AA, -2.40% and Nucor Corp. NUE, -3.17% and Dow Chemical Co. DOW, -2.44% followed by a 0.4% loss in the telecom sector. Three of the index's 10 sectors ended in positive territory, with energy leading the gains, up 0.6%. The Dow Jones Industrial Average DJIA, -0.20% lost 37.53 points, or 0.2%, to 18,575.9, pulled down by a 1.9% drop in DuPont DD, -1.93% and a 0.9% drop in IBM Corp. IBM, -0.97% but buoyed by a 1.3% gain in Exxon Mobil Corp. XOM, +1.30% Meanwhile, the Nasdaq Composite Index COMP, +0.09% ended up 4.5 points, or 0.1%, at 5,232.89, an all-time closing high.
Asian shares inched back from one-year peaks on Monday as a rally in Chinese stocks helped offset news of Japan's economic growth slowing to a halt last quarter.
China's blue-chip CSI300 Index .CSI300 rose 1.3 percent to a seven-month high and Shanghai .SSEC added 0.9 percent amid talk more stimulus would be forthcoming from Beijing.
Aug 15 Japan's Nikkei share index slipped on Monday as the yen stayed strong and data showed economic growth stalled in the second quarter, souring investor sentiment.
The Nikkei dropped 0.2 percent to 16,884.76 points by midmorning, after rising 4.1 percent last week.
Japan's economy expanded by a scant 0.2 percent on an annualised basis in the April-June quarter, less than a median market forecast for a 0.7 percent increase and a marked slowdown from a revised 2.0 percent increase in January-March, Cabinet Office data showed.
(index / closing price / change items /% change)
Nikkei 225 16,919.92 +184.80 +1.10%
Shanghai Composite 3,051.02 +48.38 +1.61%
S&P/ASX 200 5,530.91 +22.90 +0.42%
FTSE 100 6,916.02 +1.31 +0.02%
CAC 40 4,500.19 -3.76 -0.08%
Xetra DAX 10,713.43 -29.41 -0.27%
S&P 500 2,184.05 -1.74 -0.08%
Dow Jones Industrial Average 18,576.47 -37.05 -0.20%
S&P/TSX Composite 14,747.45 -48.61 -0.33%