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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