The market review for June 14

The American stock market on Friday, June 11, opened lower prices of most securities. Before investors put into the quote too much optimism about the future of the U.S. economy, and Friday’s positive expectations have been partially allayed by the data published macroeconomic statistics. In particular, the volume of retail sales in May fell by 1.2%, while economists have predicted his rise to 0,2%. This is the first decline in eight months and quite a negative signal indicating the skepticism of ordinary consumers as to the medium-term prospects of the market. Do not have lasted until the April forecast and the amount of stocks in warehouses: its growth rate of 0,4% instead of the expected 0.5% and was minimal in recent years. Some raise the mood of investors could publish consumer sentiment index for June, calculated by the University of Michigan. From the May level (73.6 points) rose to 75.5 points and established at a maximum of two and a half years level. The interpretation of the growth index at odds with the situation in retail. On this background during the session on 11 June the Dow Jones index made a few attempts to approach the level of Thursday, and only in the last hour of trading managed to get a “plus”, which is a big success for the “bulls” in the light of rapid growth of the preceding day.

As a result of trades on June 11 the Dow Jones index rose 38.54 points (0.38%) – up to 10,211.07 points, NASDAQ rose 24.89 points (1.12%) – up to 2243.6 points, S & P added 4.76 points (0.44%) and amounted to 1,091.6 points.

Amid disappointing sales data by major trading network of the country were among the outsiders bidding. Quotes of the largest U.S. retailer Wal-Mart Stores Inc. fell by 0,7%, The Home Depot Inc. – On 1,53%, Costco Wholesale Corp. – On 0,23%, Lowe’s Companies Inc. – On 1,51%, Gap Inc. – On 0,32%, Staples Inc. – At 0.73%. Given the fact that in the summer buying activity may continue to decline because of seasonality, promotions retailers have every chance to remain under pressure, of course, if the economy starts to show signs of active recovery, which is very doubtful. read more

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Due to an unknown error the U.S. market for 15 minutes lost over $ 1 trillion

Yesterday’s trading on Wall Street, no doubt, will enter the history books under the name of another “Black Thursday”: a few minutes the Dow Jones index fell by almost 1000 points, the S & P 500 lost just 8.6%, the newspaper Vedomosti.

According to the company’s Wilshire International, dedicated to the statistics on Wall Street, for 15 minutes, the market lost more than 1 trillion dollars. “It was the largest drop in the Dow Jones industrial average in its history”, – said the site CNN Money.

News concerning Greece and the passivity of the ECB, have already been won back the market to 14.42 local time in the U.S., when the index suddenly went into a nosedive. By 14.47 Dow Jones Industrial Average sank to a mark of 10 000 points, losing 998.5 points. Prior to that, the most significant drop in the day in the history of the index was on Sept. 29, 2008, when Dow Jones fell by 777.68 points.
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The market review for May 6

Bidding on the U.S. stock market on Wednesday, May 5, were in the moderately negative way. Investors have been cautious because of the continuing concerns over the public debt of EU countries. According to some projections, the debt crisis could spread beyond Greece and become a deterrent to revive the global economy. Adds fuel to the fire, and information that the international rating agency Moody’s has placed on May 5 government bond ratings of Portugal at the level of Aa2 to the list to review possible reductions. This press release Moody’s said that ratings of Portugal can be lowered by one or even two stages as a result of the review, which will last up to three months.

In search of evidence of economic recovery the U.S. investors paid attention to the macroeconomic statistics, which were mixed. Number of created jobs in April, slightly exceeded expectations of the market (2 thousand) and amounted to 32 thousand pieces. It is worth mentioning that the situation on the labor market raises the most issues in terms of stability of the American economy, but now investors are more optimistic and do not expect unemployment. Some did not meet the expectations index of business activity in the service sector in April – it amounted to 55,4 points, while experts predicted growth of up to 56.4 points. This result can not be regarded as negative because the activity continues to grow, although its growth rate since March and is not accelerated. Nevertheless, the Dow Jones index on Wednesday was only briefly rise above the level of closing the previous session, up to 11000 points, he does not have lasted, and upset the market participants once again increase its value down properly.
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The market review for April 22

Bidding on the U.S. stock market on Wednesday, April 21, began with a moderate positive. Uncertainty as to the financial stability of Greece, of course, still dominates the market, but investors in the absence of important macroeconomic statistics have focused on the strong quarterly reports of corporations. In addition, some support has had a message IMF to revise the forecast growth in world GDP at the end of 2010. from 3,9% to 4,2% and maintaining the forecast for 2011. at the level of 4,3%. During the day, the major U.S. stock indexes have visited the area reduction, but most of the day, still unable to complete a small plus.

As a result of trading on April 21 the Dow Jones index rose by 7.86 points (0.07%) – up to 11,124.92 points, NASDAQ – by 4,3 points (0.17%) – up to 2,504.61 points. S & P Index fell by 1.24 points (-0.1%) – up to 1,205.93 points.

The most anticipated event of the environment was the financial report of one of the leading U.S. manufacturers of computers, music players and software, Apple Inc. The company did not disappoint investors, and once again showed very high results for the II quarter 2009-2010 financial year. Net profit corporations amounted to $ 3.33 per share, revenues – 13.5 billion dollars Both are significantly higher than predictions by industry experts, who had counted on revenue in the $ 12 billion and earnings of $ 2.46 per share. Profit growth over the same period last fiscal year was 90%, and the achievement was achieved extremely high demand for new models of smart phones iPhone and computers Macintosh. Encouraged by the results of an Apple forecasts for the current quarter revenues of $ 13.4 billion, while analysts had expected only a $ 13 billion is obvious that it relies on the flatbed iPad, which enjoyed tremendous success. Flight quotations Apple is quite consistent with the volume represented by positive – on 5,98%. Shares second on the capitalization of the American company Microsoft Corp., To which the Corporation Steve Jobs left quite a bit cheaper at 0.09%.
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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 April 14

Bidding on the U.S. stock market on Tuesday, April 13, begin to reverse the quotes.Online stock market session set the record does not justify the hopes of aluminum giant Alcoa Inc., Published after the closing of the previous bidding and led to a fall on Wednesday the Dow Jones below taken on the eve of the level of 11000 points.Prior to the session, a report by the Ministry of trade of the country (United States Department of Commerce) on the U.S. trade deficit in February 2010. That the trade deficit has grown over the revised value for January 2010. and amounted to 39.7 billion dollarsAnalysts expected the indicator to 39 billion dollars is believed that the growth of the trade deficit is a positive for the economy, since an increase in imports brought about by increased consumption.In addition, it became known that the prices of imported goods and services in March 2010. grew only by 0,7% compared to the previous month, moreover, that analysts expected to increase by 0,9% on a monthly basis.The pessimism of market participants exhausted within an hour, and major stock market indices were able to return to levels close on Monday, where he spent most of the rest before closing time.

As a result of trading on April 13 the Dow Jones index rose by 13.45 points (0.12%) – up to 11,019.42 points, NASDAQ rose by 8.12 points (0.33%) – up to 2,465.99 points, S &P added 0.82 points (0.07%) and amounted to 1,197.30 points.

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The market review for April 13

Trading on the U.S. stock market on Monday, April 12, began rising through a number of indices of positive corporate news and a weakening of the pressure the Greek factor.16 ministers of the euro area have agreed to provide in the current year credit of Greece in the amount of 30 billion euros and 10 billion euros will be allocated to the IMF. In addition, it was decided that in case of a loan Greece will pay for it for about 5% per annum.The Minister of Finance of Greece Georgios PAPACONSTANTINOU stated that the purpose of Athens today is to continue borrowing from external markets without activation mechanism of financial assistance from the European Union.That is, Greece demonstrates the confidence of their forces, but from the insurance does not refuse. Bidders such a disposition of things more than arranged, and on Monday the long-awaited overcome the Dow Jones psychologically important resistance level of 11000 points.

As a result of trading on April 12 the Dow Jones index rose by 8.62 points (0.08%) – up to 11,005.97 points, NASDAQ rose by 3.82 points (0.16%) – up to 2,457.87 points, S & P added 2.11 points (0.18%) and amounted to 1,196.48 points.
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The market review for April 9

on an index Dow Jones. Investor sentiment continues to spoil the situation in Greece, where rising bond spreads, which leads to increased cost of external borrowing for the country and, consequently, increase the risk of default.Published prior to bidding on the number of applications for unemployment benefits for the week ending April 3 were weaker than forecast and contributed to sales at the opening session. The value index increased by 21 thousand, although experts expect a decrease of 3 thousandTo reverse the downward trend was only with the advent of the March data on retail sales that are in various commercial networks have grown from 2% to 13%. As a result, just two hours after the start of trading stock indices climbed on the positive territory.

As a result of trading on April 8 the Dow Jones index rose by 29.55 points (0.27%) – up to 10,927.07 points, NASDAQ – at 5.65 points (0.23%) – up to 2,431.16 points, S & P – by 3.99 points (0.34%) – up to 1,186.43 points.
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The market review for April 8

On Wednesday, April 7, trades on the American stock market started lower prices. There is still strong concerns about the ability of Greece to resolve debt problems, investors fear that Athens may revise the agreement on assistance from the EU and the IMF. In addition, two unsuccessful attempts to overcome the mark of 11000 items index Dow Jones instill fear, which is higher than the market can not rise, and hence there will be no inflow of new portions of investment capital. Against this backdrop, prudent bidders preferred to reduce the portion of long positions, while the indices did not go far from the many months of highs.

Only a short time was able to cheer up the players Fed Chairman Ben Bernanke, who reported the stabilization of the economy and the beginning of its growth. As noted by B. Bernanke, financial crisis for the most part passed, but there are still problems associated with an increase in the number of delinquency on mortgage loans, weak commercial real estate market and the negative situation on the labor market. But there is no problem with inflation, which will postpone the implementation of measures aimed at reducing the federal deficit. “But in the long term will have to choose between higher taxes and reduced public expenditure” – warned the head of the Fed.

As a result of trading on April 7th the Dow Jones index dropped by 72.47 points (-0.66%) – up to 10,897.52 points, NASDAQ – at 5.65 points (-0.23%) – up to 2,431.16 points, S & P – by 6.99 points (-0.59%) – up to 1,182.44 points.

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The market review for April 7

Bidding on the U.S. stock market on Tuesday, April 6, begin to reverse the quotations. Investors re-awakened concerns about the stability of the Greek economy, after news surfaced about the country’s intention to review the arrangements for assistance from the European Union and the International Monetary Fund. Greek Finance Ministry has denied such reports, but the European currency still fell in price, pointing to a low degree of investor confidence in the authorities of the country that has led her to preddefoltnogo state.
br> During most of the trading session, market participants expect the Fed meeting minutes publication. At the March meeting, the regulator has kept key interest rates at historic lows for the sake of stimulating economic growth. Now investors are looking for guidance on that when the rate can be increased. And this would be necessary, since the threat of large jump in inflation.

Comments Fed bidders completely staged. The regulator said the continued economic recovery, and identified the factors that slowed the process: tapering off effect of tax incentives, weak labor markets and property, lack of adequate credit facilities and uncertain revenue growth. The most significant was the statement that the latest inflation has not significantly reached into the Fed’s forecasts, which will allow for quite a long time to keep interest rates low. After the publication of minutes of meetings of the regulator stock indexes managed to get a plus. Dow Jones, though, for a long time in the positive territory did not stop. read more

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