Market news
26.04.2018, 20:09

The major US stock indexes finished trading in positive territory

The main US stock indices increased noticeably due to a rise in the price of Facebook shares (FB) after the publication of quarterly results, and against the backdrop of declining yield on US bonds, which improved the mood on Wall Street.

Investors also estimated the statistics on the United States. Demand for durable goods in the US rose in March due to increased orders for aircraft, but the main sensor of business investment fell. Orders for durable goods - manufactured goods designed for a lifetime of at least three years, for example, furnaces and industrial robots - increased seasonally by 2.6% compared to February. Economists had expected growth of 1.6%.

Meanwhile, the number of Americans applying for unemployment benefits has fallen to the lowest level since 1969, the last sign that the labor market is strengthening after years of stable employment growth. Initial applications for unemployment benefits, a measure of layoffs in all US states, fell by 24,000 to 209,000, seasonally adjusted for the week before April 21, the Ministry of Labor said. It was the lowest level since December 6, 1969, at the beginning of the Nixon administration. Economists had expected 230,000 initial hits.

Oil prices rose slightly on Thursday, supported by expectations of the resumption of US sanctions against Iran, the reduction in production in Venezuela and the continued high demand. Over the past four weeks, oil quotations have risen 15% on expectations that the United States will reintroduce sanctions against Iran, a major oil producer and a member of the Organization of Petroleum Exporting Countries (OPEC).

Most components of the DOW index recorded a rise (25 out of 30). Leader of growth - Visa Inc. (V, + 4.79%). Outsider - The Walt Disney Company (DIS, -1.19%).

Almost all sectors of S & P completed the auction in positive territory. The technological sector grew most (+ 1.7%). Decrease showed only the conglomerate sector (-2.2%). and the sector of industrial goods (-0.2%)

At closing:

Dow 24,322.27 +238.44 +0.99%

S&P 500 2,666.95 +27.55 +1.04%

Nasdaq 100 7,118.68 +114.94 +1.64%

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