Browsing all articles tagged with Consumer Confidence
Jan
27

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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Author nyse    Category Market    
Nov
2

The market review for November, 2st

marketStock trades in the United States were closed on October 30 leading indexes lower on the background of macroeconomic news. At investor sentiment negatively affected the report of the Ministry of Commerce (US Department of Commerce), published prior to bidding. According to him, the volume of consumer incomes in the country in September 2009. compared with the previous month, virtually unchanged, while the volume of consumer spending in September 2009. decreased by 0,5% compared to the previous month.

In addition, since the start of the trading session in the report of the University of Michigan / Reuters index figures were published in consumer confidence in the U.S., which fell in October to 2.9 points and amounted to 70,6 points. Analysts expected 70 points. Almost at the same time was published index of business activity in October 2009. Which grew at 8.1 points and totaled 54.2 points, said association manager in Chicago. Analysts expect the figure for the period totaled 48.5 points. read more

Author nyse    Category Market    
Oct
27

The market review for October, 27st

4 300x207 The market review for 	October, 27stFor a U.S. bank Bank of America – the largest U.S. bank’s largest loan assets, trading on Monday, October 26, culminated in the fall of quotations by 5% due to the fact that the U.S. government reported that could force the bank to increase capital. Investors are not encouraged by this news, because If Bank of America yielded to the demands of the Government, the bank will sell up to $ 3 billion of its shares.

Value of shares of commodity-sector companies also fell on the basis of tenders. For example, quotes one of the largest companies in the U.S. mededobyvayuschih Freeport-McMoRan Copper & Gold Inc. fell 2.3% as gold and Newmont Mining Corp. (-3.5%) And ConocoPhillips (-2,3%), which comes amid falling copper prices with the highest over the past 13 months the price level. In addition, both ordinary and “black gold” is also lost in the price after rising last week in connection with which shares of energy companies have fallen in price on the basis of trades an average of 1,5%. read more

Author nyse    Category Market    
Aug
26

Market review for August, 26th

Stock trades in the U.S. on Aug. 25 closed by growth of leading indexes against indicators makrostatistiki. With optimism investors viewed the publication of a research organization Conference Board on the level of consumer confidence in the U.S. in August 2009. Factor in the current month rose by 6.7 points and totaled 54.1 points. Data exceeded the expectations of analysts, who forecast the index at 48 points.

Against this background, in the first hours of trading companies’ shares have risen in price, profits are significantly dependent on the U.S. economy. Thus, by 3,3% and 3,7%, respectively, shares have risen in price apparel retailer Abercrombie & Fitch Co. and the largest U.S. office products retailer Office Depot Inc., while shares of retailers Macy’s Inc. and Bed Bath & Beyond Inc. increased in price by 3,5% and 4,2% respectively. Against the background of the publication of financial statements favorable to 6,5% and 6,2%, respectively, have risen in price on the basis of trading securities of Big Lots Inc. and Burger King Holdings Inc. At 9.8% in the trading price of shares rose in one of the largest U.S. manufacturers of home audio Harman International Industries Inc., After analysts from JPMorgan Chase & Co. raised recommendations on them to “above market”. read more

Author nyse    Category Market    
Aug
25

Market review for August, 25th

Stock trades in the U.S. on Aug. 24 ended differently directed changes in the leading indices. In the early trading session quotes most companies went into “green” zone, but then changed the mood of investors on a more somber in connection with the gloomy forecasts of analysts about the economy. read more

Author nyse    Category Market