The market review for March 15

The U.S. stock market on Monday, March 15, pessimism prevailed. Investors are once again becoming concerned about all the real prospect of tighter monetary policy of China. Rising interest rates in the country, Morgan Stanley analysts expected in April, and thus slow the global economy is not far off. In addition, published statistics on the volume of a weak non-residents investments in U.S. assets in January – it amounted to 19.1 billion dollars, while the December value of the index was at 63.3 billion dollars, and in November – 126.4 billion U.S. Unexpectedly for market participants in February in the U.S. increased industrial production – by 0,1%. Experts expect that figure will remain unchanged. The increase in industrial output allows you to make predictions about the upcoming increase in orders, investment in fixed assets and the creation of new jobs. However, this share is not positive enough for it to withdraw all U.S. indexes in the “plus”.

As a result of trading on March 15 2010. Dow Jones index rose by 17.46 points (0.16%) – to 10,642.15 points, S & P – on 0.52 points (0.05%) – to 1,150.51 points and NASDAQ fell by 5 45 points (-0.23%) – up to 2362.21 points,
read more

nyse    Market    

The market review for March 11

Wednesday, 10 March, U.S. stock indices continued to slowly climb up. Members of the market encouraged by news of falling wholesale stock in January at 0.2% after falling 1% in December. The sale of companies in the past month increased by 1,3% after December’s 1.2%. Based on these data, investors concluded that despite the pessimistic expectations of business in relation to demand, they will have very soon to replenish reserves that will be a clear sign of economic recovery. Two hours before the end of the auction were published rates of the U.S. budget for February, the deficit which amounted to 220.9 billion dollars, or slightly better than expected (223 billion U.S. dollars). Fivefold increase in the deficit from the January level due to the cost of incentives, including grants to small businesses.

As a result of trading the Dow Jones index rose by 2.95 points (0.03%) – to 10,567.33 points, NASDAQ – at 18.27 points (0.78%) – to 2,358.95 points, S & P – at 5.17 points (0.45%) – up to 1,145.61 points.

Continuing and rapid growth of capitalization of the largest U.S. insurance company American International Group Inc., Adding to the environment is 10,59%. At this time the reason for optimism began to improve the situation with the company’s bonds. Over the past two weeks, their value increased by 13 cents – up 79.5 cents for a paper that was the best result among issuers included in the calculation of indices Bank of America Merrill Lynch. Bondholders reasonably expect to repay the obligations of funds attracted from the sale of the assets of AIG. Surprising the experts is the fact that the division of the insurance company can not sell without a discount to fair value. Other industry representatives also were in demand: Unitedhealth Group Inc. went up by 0,48%, WellPoint Inc. – On 1,71%, MetLife Inc. – On 2,38%, Aflac Inc. – On 2,38%, Aetna Inc. – On 1,34%, Cigna Corp. – On 0,82%.

read more

nyse    Market    

The market review for March 2

Monday, March 1, the U.S. stock market was dominated by buyers due to good macroeconomic statistics and, increasingly, corporate news. From the published positive data it is worth noting than expected growth in personal expenditure and the Americans in January were higher than the January forecast of spending on construction. Both figures indicate that consumption in the United States is rising faster than expected, but it is necessary for sustained economic recovery. In addition, market participants expect the European Union declaration on measures to address the debt problems of Greece. Against this backdrop, the U.S. stock indexes spent the day in positive territory.

As a result of trading on March 1 2010. Dow Jones index rose by 78.53 points (0.76%) – to 10,403.79 points, NASDAQ rose 35.31 points (1.58%) – to 2,273.57 points, S & P added 11.22 points (1.02%) and finished the day at around 1,115.71 points.
read more

nyse    Market    

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

nyse    Market    

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.
read more

nyse    Market    

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.
read more

nyse    Market    

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”.
read more

nyse    Market    

The market review for February 3

Tuesday, 2 February, the U.S. stock market continued the growth begun the previous day. On the side of buyers were as positive corporate news and optimistic macroeconomic statistics. Change the value of the index of pending transactions involving the sale of homes in December 2009. surpassed analysts’ expectations – the increase was 1% against the projected 0.6%. In addition, U.S. Treasury Secretary Timothy Geithner urged the Republicans to join the action to reduce the budget deficit of the country. He believes that these measures can be started when the recovery will not cause doubts, but the economy will be on his feet. The administration of U.S. President Barack Obama supports the creation of a bipartisan financial commission which would deal with finding solutions to the problem. Republicans, however, until recently, rejected the idea. Be that as it may, macroeconomic statistics out strong, most of the corporate profit exceeds expectations, and if the budget deficit and the country will eventually decline, then the highs of 2007. for the U.S. stock market may not be the last in history.

As a result of trading on February 2 2010. Dow Jones index rose by 111.32 points (1.09%) – to 10,296.85 points, NASDAQ rose 18.86 points (0.87%) – to 2,190.06 points, S & P rose 14.13 points to (+1.3%) – amounting to 1,103.31 points.
read more

nyse    Blog    

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.

read more

nyse    Market    

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%.
read more

nyse    Market