Major US stock indexes finished trading in the green zone

Major US stock indexes rose after Fed officials in a less aggressive tone commented on the possibility of raising interest rates.

Boston Fed President Rosengren on Friday pointed to a strengthening of the risk of overheating of the US economy due to low interest rates. Another Fed - Federal Reserve Bank of Atlanta President Lockhart today suggested that the Fed will be conducted a lively discussion on the issue of raising rates. At the same time, the head of the Federal Reserve Bank of Minneapolis Kashkari said that at the moment to stimulate the economy are necessary instruments of fiscal policy, as well as regulatory measures.

In addition, a representative of the Federal Reserve Brainard said that in view of the fact that the labor market impact on inflation is likely to be moderate and gradual, the arguments in favor of premature policy tightening less convincing. "Right now, the impact of external negative shocks stronger than before Better to change the policy, focusing on downside risks than pre-emptively raise rates.", - Stated policies.

Oil futures rose moderately, supported by the fall in the US currency and the Fed officials. The US Dollar Index, showing the relationship of the US dollar against a basket of six major currencies, was down 0.2%, to a session low. As oil prices are tied to the dollar, a weaker dollar makes oil cheaper for holders of foreign currencies. Investors also drew attention to the monthly report of OPEC. It was reported that in 2016, production in the United States, Russia, Norway and several other countries will be approximately 190,000 barrels per day higher than expected. This factor may indicate that oil production outside OPEC was stable, despite low oil prices.

Almost all the components of DOW index closed in positive territory (29 of 30). Most remaining shares increased Wal-Mart Stores Inc. (WMT, + 2.60%). Outsider were shares of E. I. du Pont de Nemours and Company (DD, -0.44%).

All Sector S & P Index showed an increase. The leader turned out to be the health sector (+ 1.8%).

At the close:

Dow + 1.32% 18,324.38 +238.93

Nasdaq + 1.68% 5,211.89 +85.98

S & P + 1.47% 2,159.03 +31.22