Major US stock indexes ended the session mixed, as investors adjusted their positions on the eve of the announcement of the results of the Fed meeting.
Today started a two-day Fed meeting. Market participants do not expect the US regulator to raise interest rates at this meeting, as the set of economic data released earlier this month was worse than expected. However, investors will look for clues about the prospects for the Fed's economy. In addition, individual FOMC members' projections of interest rates, as well as any details about plans to reduce the balance of the Fed, are of particular interest to the markets.
The focus of market participants was also data on production orders. The report of the Ministry of Trade showed that the volume of production orders increased in January by 0.1%. Economists had expected orders to grow 0.3% after rising 0.1% in December. A modest increase in orders was due to the fact that orders for durable goods rose by 0.3% after increasing by 1.3% in December. Orders for transportation equipment showed an increase of 1.2% in January, after rising by 3.2% in the previous month. At the same time, orders for durable goods fell by 0.2% in January after declining by 1.1% in December. Excluding orders for transportation equipment, production orders fell by 0.2% in January.
Most of the components of DOW finished trading in the red (17 out of 30). The Walt Disney Company (DIS, -2.16%) was an outsider. The growth leader was Pfizer Inc. (PFE, + 0.97%).
Most sectors of the S & P finished trading in the red. The largest decline was shown by the utility sector (-1.2%). The health sector grew the most (+ 0.5%).
At the time of closing:
Dow 25,887.38 -26.72 -0.10%
S & P 500 2,832.57 -0.37 -0.01%
Nasdaq 100 7,723.95 +9.47 +0.12%
U.S. stock-index rose on Tuesday, supported by expectations the U.S. Federal Reserve could strike a dovish tone at its March monetary-policy meeting.
Global Stocks:
Index/commodity | Last | Today's Change, points | Today's Change, % |
Nikkei | 21,566.85 | -17.65 | -0.08% |
Hang Seng | 29,466.28 | +57.27 | +0.19% |
Shanghai | 3,090.98 | -5.44 | -0.18% |
S&P/ASX | 6,184.80 | -5.70 | -0.09% |
FTSE | 7,343.40 | +44.21 | +0.61% |
CAC | 5,442.04 | +29.21 | +0.54% |
DAX | 11,810.76 | +153.70 | +1.32% |
Crude | $59.36 | +0.46% | |
Gold | $1,310.40 | +0.68% |
(company / ticker / price / change ($/%) / volume)
ALCOA INC. | AA | 28.95 | 0.31(1.08%) | 4359 |
ALTRIA GROUP INC. | MO | 57.33 | 0.03(0.05%) | 2958 |
Amazon.com Inc., NASDAQ | AMZN | 1,759.00 | 16.85(0.97%) | 74944 |
Apple Inc. | AAPL | 188.87 | 0.85(0.45%) | 165415 |
AT&T Inc | T | 30.9 | 0.10(0.32%) | 22962 |
Boeing Co | BA | 372.2 | -0.08(-0.02%) | 40972 |
Caterpillar Inc | CAT | 134.9 | 0.80(0.60%) | 1761 |
Cisco Systems Inc | CSCO | 53.78 | 0.27(0.50%) | 10567 |
Citigroup Inc., NYSE | C | 66.41 | 0.48(0.73%) | 14780 |
Exxon Mobil Corp | XOM | 81.51 | 0.43(0.53%) | 6539 |
Facebook, Inc. | FB | 161.1 | 0.63(0.39%) | 94107 |
FedEx Corporation, NYSE | FDX | 183.5 | 1.10(0.60%) | 4519 |
Ford Motor Co. | F | 8.63 | 0.06(0.70%) | 41106 |
Freeport-McMoRan Copper & Gold Inc., NYSE | FCX | 12.8 | 0.18(1.43%) | 22918 |
General Electric Co | GE | 10.25 | 0.05(0.49%) | 89084 |
General Motors Company, NYSE | GM | 38.3 | 0.32(0.84%) | 11723 |
Goldman Sachs | GS | 203.88 | 1.41(0.70%) | 4539 |
Google Inc. | GOOG | 1,189.00 | 4.74(0.40%) | 919 |
Hewlett-Packard Co. | HPQ | 20 | 0.05(0.25%) | 3921 |
Home Depot Inc | HD | 183.99 | 0.57(0.31%) | 2449 |
Intel Corp | INTC | 54.45 | 0.35(0.65%) | 7372 |
International Business Machines Co... | IBM | 140.75 | 0.54(0.39%) | 3270 |
Johnson & Johnson | JNJ | 137.67 | 0.50(0.36%) | 1006 |
JPMorgan Chase and Co | JPM | 107.86 | 0.67(0.63%) | 14291 |
Microsoft Corp | MSFT | 118.08 | 0.51(0.43%) | 53129 |
Nike | NKE | 88 | 0.18(0.21%) | 5265 |
Procter & Gamble Co | PG | 101.64 | 0.13(0.13%) | 365 |
Starbucks Corporation, NASDAQ | SBUX | 71.03 | 0.19(0.27%) | 714 |
Tesla Motors, Inc., NASDAQ | TSLA | 266.95 | -2.55(-0.94%) | 118596 |
The Coca-Cola Co | KO | 45.49 | 0.08(0.18%) | 1755 |
Twitter, Inc., NYSE | TWTR | 31.15 | 0.07(0.23%) | 43015 |
UnitedHealth Group Inc | UNH | 256 | 1.00(0.39%) | 549 |
Verizon Communications Inc | VZ | 58.15 | 0.08(0.14%) | 472 |
Visa | V | 155.86 | 0.90(0.58%) | 6447 |
Wal-Mart Stores Inc | WMT | 99.85 | 0.19(0.19%) | 1945 |
Walt Disney Co | DIS | 113.18 | 0.06(0.05%) | 14971 |
Yandex N.V., NASDAQ | YNDX | 36.19 | 0.22(0.61%) | 3143 |
Nike (NKE) target raised to $90 from $85 at JP Morgan
Boeing (BA) downgraded to Hold from Buy at Argus
| Index | Change, points | Closed | Change, % |
|---|---|---|---|
| NIKKEI 225 | 133.65 | 21584.5 | 0.62 |
| Hang Seng | 396.75 | 29409.01 | 1.37 |
| KOSPI | 3.38 | 2179.49 | 0.16 |
| ASX 200 | 15.3 | 6190.5 | 0.25 |
| FTSE 100 | 70.91 | 7299.19 | 0.98 |
| DAX | -28.63 | 11657.06 | -0.25 |
| Dow Jones | 65.23 | 25914.1 | 0.25 |
| S&P 500 | 10.46 | 2832.94 | 0.37 |
| NASDAQ Composite | 25.95 | 7714.48 | 0.34 |