The market review for April 21
Bidding on the U.S. stock market on Tuesday, April 20, began on an optimistic note. An important macroeconomic statistics have been issued, and investors focused on the financial results of leading companies. A report on Tuesday was quite a lot and almost all of them were strong. Support was also provided by the grown due to reports of some restoration of activity airlines oil prices. Against this backdrop, the U.S. stock market was able to continue the initiated before the rebound up and practically fully regain the loss last Friday.
As a result of trading on April 20 the Dow Jones index rose by 25.01 points (0.23%) – up to 11,117.06 points, NASDAQ – by 20,2 points (0.81%) – up to 2,500.31 points, S & P – by 9.65 points (0.81%) – up to 1,207.17 points.
Net profit of one of the largest financial corporations in the U.S. Goldman Sachs Group Inc. In I quarter 2009-2010 financial year, which ended March 31 increased by 2 times and amounted to 3.3 billion dollars or 5.59 dollars per share, which was above market expectations (4.14 dollars per share). Not bad reported and the oldest U.S. bank to The Bank of New York Mellon Corp., Net profit is in the I quarter of 2010. increased by 73,6% – to 559 million dollars (49 cents per share) against 322 million dollars during the same period a year earlier. Net interest income of Bank of New York Mellon fell by 1,3% – to 765 million dollars, however, these two branches of the bank were outsiders in the auction on April 20: Goldman Sachs has lost 2,09% of the capitalization, and The Bank of New York added only 0,03%. Other representatives of the banking sector were in demand: Paper JPMorgan Chase & Co. went up by 1,08%, Bank of America Corp. – On 1,2%, Wells Fargo & Co. – On 2,03%, Citigroup Inc. – On 1,84%, US Bancorp – on 2,17%, PNC Financial Services Group Inc. – On 2,24%.
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The market review for December, 17st
Stock trades in the United States were closed on Dec. 16 change in opposite directions leading aggregate indicators against the background of the decision of the Federal Reserve System (Fed) to leave the key rate at a level close to zero. Following the two-day meeting on monetary policy the Fed repeated its pledge to keep rates at “extremely low” level for a prolonged period, and stated that the U.S. economy is gaining strength. Fed presented a gamblers are no surprises, but immediately after the announcement of the decision at 22:15 Moscow time, U.S. stock indexes began to win back down, reducing much of the growth achieved in early trading. This happened against a background of growth yield of 10-year U.S. Treasuries, caused by speculation about forthcoming in 2010. Fed rate hikes.
Among the leaders of growth in the auction on Dec. 16 was the action of mineral fertilizer producer CF Industries Holdings (+4,9%), US Steel Corporation Steel Corp. (+2.9%), Oil and gas Range Resources Corp. (+4.3%). Quotations oil futures on the basis of trading on the NYMEX rose 1.97 dollars and accounted for 72.66 dollars per barrel. In the currency market the dollar declined in value against the euro and British pound but strengthened the Japanese yen.
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The market review for December, 10st
Stock trading on U.S. trading floors were closed on December 9 2009. growth of aggregate indicators for the first time in three days on a weaker dollar, which played into the hands of the shares of mining companies. The index value of the dollar to six other major currencies (USD Index) fell on the eve of 0,3%, interrupting the positive dynamics of the preceding days. Another factor that supported the stock quotes, became positive data on the growth stocks in the United States. The volume of stock in the warehouses of wholesale trade in the United States in October 2009. compared with the previous month unexpectedly rose by 0,3%, said on the eve of the U.S. Ministry of Trade. Growth stock, marked the first time in 14 months, could indicate optimism among U.S. wholesalers, beginners, finally, again to replenish their stocks.
Among blue chips in the plus-up shares were trading aluminum company Alcoa Inc. (1.63%), oil Chevron Corp. (+0.4%) And industrial corporations generalist 3M Co. (3.41%). Securities analysts 3M helped Citigroup, raised their recommendations on them to “hold” to “buy”. As leaders of growth were also shares of pharmaceutical company Pfizer (+2,7%) and paper personal computer manufacturer Hewlett-Packard (+2,06%).
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The market review for December, 9st
Stock trades in the United States were closed on December 8 leading indexes lower. Without much optimism players embraced released data on loss development company Nakheel, a Dubai-controlled investment fund Dubai World, are trying to negotiate with creditors on debt restructuring. Nakheel Net loss for the first half of 2009. amounted to 13.4 billion dirhams (3.65 billion dollars), which exceeds the amount of debt the company. If the Dubai World would not be able to negotiate with creditors and filed for bankruptcy, the world stock market may react to it is extremely painful. The precipitating factor was the fall in oil prices, contributed to the negative dynamics of quotations of oil companies, and reduce the rating agency Fitch’s credit rating to BBB + Greece with the forecast “negative”. In the short term to lower the rating of this country can and rating agency Standard & Poor’s.
As a result of trades on 1,1% cheaper shares of the world’s largest oil company ExxonMobil Corp., And securities of its nearest rival Chevron Corp. Lost 1.8%. At 3.1% in the trades cheaper shares the world’s largest mededobyvayuschey company Freeport-McMoRan Copper & Gold Inc., Helped by falling prices for gold by nearly 2%. Shares of the largest U.S. gold mining company Newmont Mining Corp. fell 2.9%. Snizilshis up trades and securities of large U.S. banks, including shares of Citigroup Inc. (-3%) And Bank of America (-3%).
The market review for December, 7st
Stock trading on the American stock exchange platforms 4 December 2009. closed growth against the backdrop of leading indicators unexpectedly optimistic data from the U.S. labor market. Prior to bidding U.S. Department of Labor (US Department of Labor) reported that the November non-farm sector of the country had lost only 11 thousand jobs, while analysts predicted that this figure will exceed 100 thousand U.S. unemployment rate unexpectedly fell from 10, 2% to 10%. Added a statement of optimism and U.S. Treasury Secretary Timothy Geithner that the unemployment rate in the country in the short term may be further reduced to the background of strengthening the overall state of the economy.
The market review for November, 30st
Stock trades in the U.S. on November 27 closed reduction of the leading indexes. Negative news from Dubai (UAE) frightened investors and led to the fall of quotations of a number of major American companies – one of the largest investment companies in the UAE – Dubai World – has asked creditors to delay debt repayment, estimated to be worth $ 60 billion Dubai World (owned by the Government of Dubai ), on account of which a number of successful projects on construction of facilities in the desert, asked for a stay of six months.
News from Dubai provoked a significant fall in quotations on global stock markets, and the American market was no exception.
The market review for November, 10st
Stock trades in the United States ended on November 9 the leading index increased on average by 2%. Investors with optimism have reacted to the outcome of the meeting of finance ministers “big Twenties” (G20), which was decided on further measures to stimulate the economy. This gave impetus to financial sector companies, led by banks, Citigroup Inc. (+3,2%), Which the Government supported the $ 45 billion, and Bank of America Corp. (+4.8%), The largest U.S. bank by total assets. Among the companies in the mining sector growth were the leaders of the largest U.S. gold producer Barrick Gold Corp., Whose shares went up by 3,3%, and one of the world’s largest mededobyvayuschih company Freeport-McMoRan Copper & Gold Inc., Quotes which increased by 4, 6%. The reason for the growth of quotations was the increase in metals prices. read more
The market review for November, 5st
Stock trades in the United States were closed on November 4 countervailing movement leading indexes. Influence the course of bidding had decided the Federal Reserve System (FRS), issued after the beginning of the trading session. The Fed decided to keep the key discount rate in the range of 0-0,25% per annum. This figure coincided with forecasts of analysts, also expect a continuing bid to a minimum. Thus, the Fed left rates unchanged since December 2008. To ensure the necessary conditions for a speedy withdrawal of the economy from recession.
Fed decision influenced the change in quotations in the banking sector. Shares of mortgage bank Wells Fargo & Co. prices increased by 0,8%, but rates JPMorgan Chase & Co. and Citigroup Inc. decreased by 1,15% and 1,73% respectively. read more
The market review for October, 13st
Stock trades in the U.S. on October 12 raznonapravlenno closed in anticipation of a series of quarterly reports. Trading day began most of the growth of stock price, but then at the bidders’ enthusiasm diminished, and leading indices have returned close to initial positions, and the NASDAQ lost even up to the day 0.14 points (-0.01%). Meanwhile, the Dow Jones is slowly but surely approaching the figure of 10 thousand points, to which he had only just overcome a little over 100 points. read more
The market review for September, 25st
Stock trades in the U.S. ended on September 23 decline in major indexes. The fall in commodity prices affect the price of shares in the mining and energy sectors. So, against the background of lower metals prices, the largest paper in the U.S. gold miner Newmont Mining Co. and one of the largest in the world mededobyvayuschih company Freeport-McMoRan Copper & Gold Inc. fell 3,6% and 2,82% respectively.
As the analysts of the Moscow Stock Center, on Wednesday in the U.S. went out data on reserves of energy resources: oil and petroleum products for the week ending September 18, unexpectedly rose by 2.8 million barrels. In addition, on September 23 ended a two-day meeting of the U.S. Federal Reserve, where the range of interest rates, as expected, was left unchanged – 0-0,25%. Representatives of the Reserve also made a number of important statements: interest rates will remain at such low levels for a long time, but inflation will remain low. According to them, the economic situation in the United States has improved slightly after a serious recession. Following the discovery of a neutral environment in the U.S. indices started to rise, updating the annual maximums. Nevertheless, after the announcement of the range of interest rates and further performances of head FRS of Ben Bernanke quotes began to be adjusted downwards. Among outsiders session should allocate oil and gas and banking sectors, and the best performing stocks were the telecommunications and engineering industries, the experts concluded. read more
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