Market news
13.09.2018, 20:25

The major US stock indexes finished trading in positive territory

The main US stock indices grew moderately due to the rise in price of Apple shares, which led to a rebound in the technology sector, while trade fears weakened after China said it was open for fresh talks with the US.

Investors also estimated the US data. The Ministry of Labor reported that the consumer price index rose 0.2% in August after a similar increase in July. For the 12 months to August, the CPI rose by 2.7 percent, slowing from 2.9 percent in July. Without taking into account volatile food products and energy components, the index rose by 0.1 percent. The base CPI increased by 0.2 percent for three consecutive months. Over the 12 months to August, the base index rose 2.2 percent after rising 2.4 percent in July. It was expected that the overall index rose by 0.3 percent, and the base index by 0.2 percent.

Oil quotes declined significantly, departing from the 4-month highs, as investors focused on the risk that emerging market crises and trade disputes could affect demand, even when the bid is tightened.

Most of the components of DOW finished trading in positive territory (23 out of 30). The leader of growth was the shares of Apple Inc. (AAPL, + 2.42%). Outsider were shares of McDonald's Corporation (MCD, -1.42%).

All sectors of S & P recorded a rise. The healthcare sector grew most (+ 0.9%).

At closing:

Dow 26,145.99 +147.07 +0.57%

S & P 500 2,904.18 +15.26 +0.53%

Nasdaq 100 8,013.71 +59.48 +0.75%

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