Search

Client support: Phone: +357 (22) 008796

News

Show news:
  • All news
  • Currencies
  • Stocks
  • Commodities



12.10.2017 20:14

The main US stock indexes fell slightly as a result of today's trading

On Thursday, the major US stock indexes finished trading below the zero mark, as the growth of the industrial goods sectors and conglomerate sectors was offset by the financial results of JPMorgan and Citigroup, which did not inspire investors.

Meanwhile, some support for the market was provided by data on the United States. The number of Americans applying for new unemployment benefits fell during the second consecutive week in early October, although recent hurricanes continued to affect data in the South of the United States. Initial applications for unemployment benefits, the indicator of layoffs in the US, decreased by 15,000 to 243,000, seasonally adjusted for the week ending October 7, the Ministry of Labor said. Economists were expecting 251,000 new applications last week.

At the same time, the producer price index in September increased by 0.4%, which was in line with the forecast of economists. Another measure preferred by economists, the basic PPI, increased by 0.2%. The basic PPI excludes food, energy and trade margins. The increase in the PPI pushed the 12-month rate of wholesale inflation to 2.6% (maximum since February 2012). Most of the increase in wholesale prices in September was due to the increase in gasoline prices after Hurricane Harvey violated the work of several large oil refineries. Another growth factor is a higher margin for retailers

Oil prices have partially recovered after the publication of data on oil products from the US Department of Energy, but continue to show a decline of more than 1% against the backdrop of today's report from the International Energy Agency (IEA). The US Energy Ministry reported that last week oil reserves fell sharply, exceeding forecasts of analysts, while gasoline stocks increased significantly. According to the data, in the week of September 30 - October 6, oil reserves fell by 2.747 million barrels, to 462.216 million barrels. Analysts had expected a fall of 1.991 million barrels.

Most components of the DOW index finished trading in the red (20 of 30). Outsider were shares of The Walt Disney Company (DIS, -1.69%). Caterpillar Inc. was the growth leader. (CAT, + 1.05%).

The S & P sector showed mixed dynamics. The largest decrease was in the services sector (-0.5%). The industrial goods sector grew most (+ 0.3%).

At closing:

DJIA -0.14% 22.841.01 -31.88

Nasdaq -0.18% 6,591.51 -12.04

S & P -0.17% 2.550.93 -4.31

Market Focus

  • Euro Area trade balance surplus declined significantly in August
  • Consumer prices in China were up 1.6 percent on year in September,
  • US consumer sentiment surged in early October, reaching its highest level since the start of 2004 says UoM
  • Earnings Season in U.S.: Major Reports of the Week
December 2017
  • 2017
  • 2016
  • 2015
  • 2014
  • 2013
  • 2012
  • 2011
  • 2010
  • 2009
  • 2008
  • 2007
  • 2006
  • 2005
  • 2004
  • 2003
  • 2002
Mon
Tue
Wed
Thu
Fri
Sat
Sun
18
19
20
21
22
23
24
25
26
27
28
29
30
31

Quotes

All posted material is a marketing communication solely for informational purposes and reliance on this may lead to loss. Past performance is not a reliable indicator of future results. Please read our full disclaimer.

To maximize our visitors browsing experience TeleTrade uses cookies in our web services. By continuing to browse this site you agree to our use of cookies. If you disagree, you may change your browser settings at any time. Read more

  • To maximize our visitors browsing experience TeleTrade uses cookies in our web services. By continuing to browse this site you agree to our use of cookies. If you disagree, you may change your browser settings at any time. Read more

    © 2011-2017 TeleTrade DJ Limited

  • Risk Warning: Trading Forex and CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work both to your advantage and disadvantage. There is a possibility that you may lose all of your initial investments, so you should not risk more than you are prepared to lose.

  • Prior to trading you should make sure you fully understand all the risks involved and take into consideration your level of experience and financial situation. TeleTrade strives to provide you with all the necessary information and protective measures, but if the risks seem still unclear to you, please seek independent advice.

  • The information presented on this website should not be perceived as a basis for investment decision making and is intended solely for informational purposes.

Connect with Us
Share on
social networks
Online
consultant
Request a callback
Top Page