The market review for February 22

Stock trading on U.S. trading floors on Friday, February 19, major indexes opened lower against the backdrop of the landmark decision of the Federal Reserve to raise the so-called discount rate. The last time the U.S. central bank increased it in June 2006. The vast majority of analysts interpreted the decision of the regulator as an unambiguous signal about the beginning of the exit from the crisis of monetary regime. A logical extension of the measures initiated sooner or later will increase the base interest rate, which since December 2008. is at the level 0-0,25%. However, in the Reserve tried to reassure the market by stating that the step taken does not mean a quick raise key interest rates. In addition, the department reiterated that the situation in the U.S. financial system is recovering and banks no longer need that level of support that is given to them earlier. Investors found these arguments convincing, and indexes climbed into positive territory.

As a result of trading on February 19 2010. Dow Jones index rose by 9.45 points (0.09%) – to 10,402.35 points, NASDAQ rose by 2.16 points (+0.1%) – to 2,243.87 points, S & P rose to 2,42 points (0.22%) and amounted to 1,109.17 points. read more

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The market review for February 19

Thursday, February 18, trades on the American stock market began a small gepom down by weak data out of macroeconomic statistics on the labor market and lower-than-expected increase in the index of leading indicators. Last January he added, only 0,3%, while experts predicted an increase of 0,5% after the December increase of 1,1%. With regard to labor market data, the number of initial applications for unemployment insurance for the past week unexpectedly rose to 473 thousand, moreover, that analysts do not expect changes from the previous figure of 440 thousand In addition, 1.4% up in January, the index of production prices, nearly doubling the forecasts.
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The market review for February 18

well as the strong macroeconomic statistics. Thus, the number of new buildings in January increased by 2,8% – to 591 thousand, while analysts had expected growth of only up to 580 thousand as not to upset the expert and the index of U.S. industrial output in January – its increase was 0,9% which was higher projections by 0,2%. At the American sites remain uneasy situation: the bidders to focus attention on a strong data makrostatistiki, then the problems of the EU, then the slowing Chinese economy – confidence in the bright future of the U.S. market there. Nevertheless, among most American companies has become a bit more expensive.

As a result of trading on February 17 2010. Dow Jones index rose 40.43 points (0.39%) – to 10,309.24 points, NASDAQ rose by 12.1 points (0.55%) – to 2,226.29 points, S & P rose to 4,64 points (0.42%) and amounted to 1,099.51 points.
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The market review for February 4

Wednesday, 3 February, the U.S. stock market dominated by negative sentiment. Investors, fearful of exit is not too optimistic macroeconomic statistics, chose to begin to fix profit, resulting in a tender opened gepom down. Published data on the number of created jobs in January, fears are not confirmed – decline amounted to 22 thousand against expected 40 thousand, thus index Dow Jones to return to the level of the closure Tuesday, and even slightly exceed it. However, the index of business activity in the service sector in January went weak (50.5 points vs. the expected 51 points), and the market again, a wave of sales.

The mood of bidders influenced and communication agency Moody’s that the United States sovereign credit rating could be downgraded in the future from its current “Aaa” (the highest degree of reliability), unless additional measures are taken to reduce the state budget deficit of the country. At the moment the United States maintains its rating due to the high degree of economic and institutional reliability. But amid the crisis has worsened the relationship between the size of government debt, the U.S. GDP and budget revenues. As expected, experts Moody’s, the figures from the U.S. will be weaker than in other countries with rating “Aaa”.
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The market review for January 29

Once again, the U.S. stock indexes Dow Jones and S & P 500 updated bi-monthly minimums for that night after the close of the previous trading session in the U.S. futures indices grew, and consolidated in the afternoon reached altitudes. A reason for such a quick change of treatment formed President Barack Obama to the nation, the positive sentiments were disappointing investors data makrostatistiki. Not so much as expected, the number of Americans who first applied for unemployment insurance for the week ended Jan. 23 – at 8 thousand instead of the predicted 32 thousand addition, the volume of orders for durable goods in December increased by only 0, 3%, while the expected growth rate of at least 2%. Both figures questioned made before representatives of the Federal Reserve and Barack Obama statement on the marked improvement of the economic situation. Additional pressure on the NASDAQ index had collapsed Paper Motorola Inc. and Qualcomm Inc.

As a result of trades on Thursday, the Dow Jones index fell 115.7 points (-1.13%) – up to 10,120.46 points, NASDAQ – to 42,41 points (-1.91%) – up to 2179 points, S & P – at 12.97 points (-1.18%) – up to 1,084.53 points.

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The market review for January 28

On Wednesday, January 27, trading on the U.S. stock market started with the dominance of moderately positive sentiment: investors waited for maintaining a soft monetary policy, the U.S. Federal Reserve and optimistic statements by Obama during his annual address to the nation. The first 30 minutes of trading was enough to leave the leading index in positive territory, but the published U.S. Department of Commerce (US Department of Commerce) data on the volume of sales of new homes in the United States changed the situation worse. Sales fell by 7.6%, while analysts expected growth rate of 3%. Following 2009. selling new buildings have fallen by 23%, indicating that consumers extremely pessimistic on the prospects for the U.S. economy.

The mood of investors has raised the Fed, which retained its key rate target range at the level of 0-0,25% per annum and pledged to keep rates at exceptionally low levels for a long time. The notes also mentioned about the revival of economic activity, and on the renewal (or as it turned out, the deterioration of the situation) of the housing market it was decided to ignore. The positive end of the trading session enabled the U.S. market end the day in positive territory.

As a result of trading Tuesday, the Dow Jones index rose by 41.87 points (0.41%) – to 10,236.16 points, NASDAQ – to 17,68 points (0.8%) – to 2,221.41 points, S & P – at 5.33 points (0.49%) – up to 1,097.50 points.

One of the leaders of the decline among the most actively traded companies has become a manufacturer of agricultural and construction equipment Caterpillar Inc. In terms of net profit in the IV quarter of 2009. (36 cents per share instead of the expected 28 cents), the company surpassed analysts’ expectations, but revenue – to $ 7.9 billion against expected 7.93 billion dollars – could not reach. Most market participants have upset expectations for Caterpillar 2010.: The company is planning for the year to earn U.S. $ 2.5 per share, while investors expect U.S. $ 2,7 As a result of the trading session producer has lost 4,32% of the capitalization.

Where warmer was met quarterly reporting Aircraft Corp. Boeing Co. In IV quarter of 2009. corporation not only has returned to a profitable level, earning 1.75 per share, but also exceeded the expectations of the market (1.36 per share). This year, the company promises to make 3,7-4 per share. Quotes Boeing on Wednesday rose by 7,31%. Papers of industrial conglomerate United Technologies Corp., Is also engaged in the production of aircraft equipment, fell 1.26%. The financial results of companies that are present in the environment in general, coincided with the expectations of experts, but the company warned of lower number of orders for aircraft engines manufactured by Pratt & Whitney due to the decline in demand for passenger air travel in the past year.

International Air Transport Association (IATA) reported on 27 January, which reduced demand for air travel in the world in 2009. was the biggest in history. As the head of IATA Giovanni Bizinyani, the industry long lost 2.5 years of growth in passenger traffic and 3,5 – in the cargo. The bad news is that the head of the association is waiting for the airlines of the loss of 5.6 billion dollars in 2010. Against this backdrop, shares of U.S. airlines look bad. Papers of Southwest Airlines Co. fell 1,89%, AMR Corp. – On 0,26%. Equity United Airlines Corp. went up by 0.31%.

For the expert was not unexpected preservation Fed key rate at close to zero, so the shares of the banking sector on Wednesday with confidence increasing in value. Capitalization of JPMorgan Chase & Co. increased by 2,32%, Bank of America Corp – on 2,84%, Citigroup Inc. – On 1,59%, and Wells Fargo & Co – on 4,48%, Fifth Third Bancorp – on 4,01%, US Bancorp – on 3,33%.

Net profit of U.S. investment firm BlackRock Inc. increased in the IV quarter of 2009. four times compared with the same period of 2008., up 2.39 per share. This was above expectations of analysts, forecast 2.1 per share. As a result of trading securities BlackRock went up by 0.92%.

Wednesday was announced good news about the investment company owned by Warren Buffett, Berkshire Hathaway Inc. – Its shares will be added to the calculation of the S & P 500. The company’s capitalization rose for a day on 5,16%. The index will replace its paper shares Burlington Northern. Shareholders did not last very upset, daily increase in the value of its securities amounted to 0,2%.

The dynamics of technology companies was on Wednesday in different directions. Internet company Yahoo! Inc. reported an increase in net profit in the IV quarter of 2009. to 155.7 million dollars compared to a net loss of $ 300.6 million dollars a year earlier, while the revenue for the period declined. The company’s shares started the day growth, but by the end of trading it lost. Outcome – minus 0.06%. The growth of capitalization of Amazon.com Inc. (2.74%) contributed to increased recommendations for securities with a “hold” to “buy” by analysts Kaufman Bros. Apple Inc. after the presentation of the new Tablet PC went up by 0.94%.
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The market review for January 27

The mood in the U.S. stock market on Tuesday, 26 January, were more optimistic than many of the world trading floors. Certainly, fears of tighter monetary policy in China, have affected the American indexes. They started the day lower, but quickly went into the “plus” after the publication of the index value of consumer confidence in the U.S. economy. In January, the index rose to 55.9 points, while analysts had expected growth to 53.6 points. Thus, the index increased for the third time in a row and has already peaked more than a year. Additional optimism of investors gave an increased likelihood of re-election of Ben Bernanke to head the U.S. Federal Reserve – for 40 senators said they supported his candidacy, while last Friday there were only 26. Against this backdrop, the leading U.S. stock indexes have been most of the trading session on a positive territory, but the day they finished in the same place and began – in a small minus.

As a result of trading Tuesday, the Dow Jones index fell by 2.57 points (-0.03%) – to 10,194.29 points, NASDAQ – at 7.07 points (-0.32%) – to 2,203.73 points, S & P – at 4.61 points (-0.42%) – up to 1,092.17 points.
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The market review for January 26

Trading on the U.S. stock market on Monday, January 25, held at the “green” territory. The positive mood of investors seemed to shake the reported sales volume in the secondary housing market in December. Experts expect declining by 9,8%, but sales fell by 16,7%, which proved to be the most significant change over the past 40 years. However, the decline was quickly redeemed, as the main theme of the day still was the news about the likely re-election as head of the Federal Reserve System (FRS) the USA Ben Bernanke, who headed it into the present. Term of office expires next Sunday and the Senate is expected this week to vote for his re-election.

B. Bernanke, impressed investors so that he insisted on lowering a key interest rate to stimulate the economy and, consequently, contributed to the supply of cheap liquidity of banks and the growth of stock markets. In addition, bidders do not want any change, because at present the future and so extremely vague. Senior White House adviser David Axelrod said Monday that U.S. President Barack Obama is absolutely sure of reelection B. Bernanke, than in the largely pacified American traders.

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The market review for January 19

Financial companies fell after JPMorgan Chase & Co. (JPM:US) reported a loss in its retail bank. JPMorgan, the first major U.S. bank to release quarterly earnings, declined 2.3 percent to $43.68. The S&P 500 Financial Index slipped 2 percent, the most among 10 groups in the main U.S. equity benchmark.

Bigger rival Bank of America Corp. (BAC:US) fell the most in the Dow Jones Industrial Average, losing 3.3 percent to $16.26. Comerica Inc. (CMA:US) dropped 3.7 percent to $32.86. Wells Fargo & Co. (WFC:US) slid 3.1 percent to $28.08.

Bare Escentuals Inc. (BARE:US) rose the most in the Russell 2000 Index, surging 42 percent to $18.07. Shiseido Co. (4911:JP), Japan’s biggest cosmetics maker, agreed to acquire Bare Escentuals for $18.20 a share, or about $1.7 billion in cash, to expand outside a shrinking domestic market.

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The market review for January 15

Stock trades in the U.S. ended Jan. 14 increased the leading indexes. In the plus key codes brought high-tech companies, which quotations have grown in anticipation of reporting world’s largest manufacturer of chips for PCs Intel Corp., Which has provided its financial results after the end of the trading session. However, confident of growth in the market could not wait, as published by the macroeconomic news for the most part negative.

Securities Intel trade results added to the price of 2,5%. Optimism about the financial results of the company was justified: published after the close of trading accounts has exceeded expectations. Optimism spread to other company’s high-tech sector: Shares in computer technology International Business Machines (IBM) went up by 1,6%, a manufacturer of memory chips, Micron Technology – by 2,6%, and network equipment manufacturer Cisco Systems – by 1,3%.

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