Market news
15.05.2018, 20:14

The main US stock indices fell on the results of today's trading

Major US stock indexes finished trading in the red after the latest data on retail sales showed an increase in inflation and pushed the yield of treasury bonds, while trade problems in the negotiations between the US and China remained without signs of progress.

As the report of the Ministry of Trade showed, retail sales in the US only slightly increased in April. According to the report, retail sales increased seasonally by 0.3% m / m last month, as economists had forecast. The increase in spending last month was mostly widespread: food and beverage stores, as well as clothing and accessories retailers, experienced the largest increase in sales since last year. On the contrary, weak spending was observed in restaurants and bars, which declined by 0.3% since March. Sales at gas stations in April rose by 0.8% compared to the previous month, which was due to the recent increase in fuel prices. With the exception of gasoline and cars, costs rose 0.3% since March. With the exception of cars and auto parts, sales also rose by 0.3%. Economists had expected growth of 0.5% of retail sales excluding cars.

In addition, the index of the state of the housing market from the NAHB grew in May. The confidence of builders in the market of newly built houses for a single family rose by 2 points to 70 in May after the April reading of the NAHB / Wells Fargo housing market index (HMI). This is the fourth time that the HMI has reached 70 or higher this year.

Almost the majority of S & P sectors recorded a decline. The greatest decrease was shown by the sector of conglomerates (-1.5%). The commodities sector grew most (+ 0.9%).

Almost all components of DOW finished trading in the red (28 of 30). Outsider were shares of Caterpillar Inc. (CAT, -1.93%). Leader of the growth were shares of NIKE, Inc. (NKE, + 0.83%).

All S & P sectors recorded a decline. The largest drop was shown by the healthcare sector (-1.3%).

At closing:

Dow 24,706.34 -193.07 -0.78%

S&P 500 2,711.45 -18.68 -0.68%

Nasdaq 100 7,351.63 -59.69 -0.81%

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