Trades in the United States on Wednesday shut down the growth of stock indices

Written by admin on July 2nd, 2009

Market United States

Trades in the United States on Wednesday, July 1, the growth stock index closed on a background of favorable economic statistics. The reason for optimism was the publication of ISM index of business activity in manufacturing in the United States, which rose in June from 42.8 to 44.8 points, which was better than forecasts. Investors Do not hesitate to set out on the basis of June, a marked decrease in the number of jobs in the private sector dollars. According to ADP, the number dropped to 473 thousand in the anticipated decrease by 400 thousand

At the end of the trading index of blue chips Dow Jones Industrial Average rose by 57.14 point, or 0.6%, to 8504 points. The index of wide market SP 500 closed 4.01 point to growth, or 0.4%, at around 923.33 points. High tech Nasdaq Composite closed at 10.68 point increase in, or 0.5%, at around 1846 points.

However, today will be published on the number of jobs outside the agricultural sector, United States, and the resulting data on unemployment, which will assess the depth of recession and prospects for economic recovery.

Oil

The price of oil fell below $ 70 a barrel after the Energy Department issued a report on oil and petroleum products in the country. The decline of oil reserves in the United States last week proved less data published on Tuesday the American Petroleum Institute. In addition, the oil terminal to which the supply of black gold futures contract rose.

As a result of trades on NYMEX August futures for the supply of oil mark WTI fell by $ 0.58 to $ 69.31 a barrel.

Asia

Most stock indices across the Asia-Pacific region today demonstrated raznopravlennuyu dynamics on the background of the forthcoming publication of a report on employment in the United States. Japanese Nikkei, falling more than 0.5%, the index of wide market Topix at 1.2%. Korean Kospi adds 0.5%. Chinese CSI 300 INDEX increased by 0.2%.

Yen against the U.S. currency is now trading at 96.56 - 96.58.

Further movement of the Russian market will depend on external signals, which are not conducive to shopping
Stocks RusGidro today may be under pressure
The players are building up positions in futures on shares of Gazprom and Lukoil
Trading on Russian stock market opened with a break down in the 1%
Shareholders of Power machines have decided not to pay dividends for 2008
Bank of Russia has withdrawn the license for banking operations with Bank of Euro Trade
MICEX held quarterly revision of bases of calculating capitalization indexes MICEX and the MICEX Index 10
The technical analysis of currency pairs
The course has increased the dollar - the morning review of cash markets

 

Leave a Comment