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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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 23

Bidding on the U.S. stock market on Thursday, April 22, begin to reverse the quotes. Investors are concerned about the news from Greece, where the budget deficit in 2009. was revised from 12,7% to 13,6%, while gross debt was already 115.1% of GDP. International rating agency Moody’s on this background sovereign ratings downgraded Greece from A2 to A3. Over the last months rally bidders awaited the appearance of more or less weighty reasons for early profit taking, and finally got them. At least in the short term markets are expected to remain negative moods.

Published U.S. macroeconomic statistics have been mixed. Number of requests for unemployment benefit last week dropped, but not strong enough. Not very positive factor was the increase in March producer prices by 0,7%, while the expected increase of 0,4%. Formed from the manufacturers the possibility of increasing selling prices, of course, indicates a revival of the market, but rising inflation will provoke the Fed to speed up the process of tightening monetary policy that investors completely useless. The index of house prices in February fell slightly – by 0.2%. Better predictions were data on the volume of sales in the secondary housing market in March (sold 5.35 million homes, while the expected 5.25 million). Experts attribute this increase to government programs encourage home buying. Those who buy a house for the first time, receive a small monetary compensation.

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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 16

Bidding on the U.S. stock market Thursday, April 15, started opposite changes leading indexes because of the weak macroeconomic statistics.First, investors’ expectations are not justified report U.S. Department of Labor (United States Department of Labor), demonstrating growth in the number of primary applications for unemployment benefit up to 484 thousand from the past 460 thousand, while experts predicted decline to 440 thousandThis is the second consecutive increase in the number of those who receive the allowance, which is not evidence of improvement in the labor market, although the data on unemployment, which is no longer growing, continue to point to stabilize the situation.

Do not boosted share prices and the report of the Federal Reserve System (FRS) on industrial production for March, submitted before the start of the trading session.According to the report, the volume of industrial production increased in comparison with the previous month, only 0.1%, while economists predicted growth rate on a monthly basis on 0,7%.In addition, pressure on the paper provided investor concern problems with the budget deficit of Greece, which vaguely resemble the fiscal problems of the United States, behind that except that the explosive growth rates for American state bonds until portends.
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The market review for April 15

On Wednesday, April 14, trades on the American stock market began rising prices. Optimism for the most part was based on reports of strong semiconductor manufacturer Intel Corp. and one of the largest U.S. bank JPMorgan Chase & Co. After Alcoa Inc.failed to meet expectations on the eve of Experts on the part of the proceeds, the players began to doubt the success of the new season statements, but Intel and JPMorgan managed to dispel them. Published macroeconomic statistics were also quite good:Consumer prices in March rose in line with expectations at 0.1%, and increase the volume of retail sales for March exceeded projections by 0,4 percentage points Magnitude of changes in the last figure (1.6% in March) shows growth in consumption necessary for economic recovery.The tendency of people to savings falls, indicating that expectations of improving macroeconomic environment in the medium-term future.
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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.
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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.
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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.
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