Market news
29.03.2017, 20:06

The main US stock indexes ended the session mostly in positive territory

The main US stock indexes mostly rose during today's trading. The profits of the energy and health sectors supported the S & P 500 and Nasdaq, but the Dow Jones Industrial Average declined due to losses in the financial sector.

A certain influence on the dynamics of trading was provided by the US. As it became known today, the number of signed contracts for the sale of houses grew in February and was at the second highest level in a decade. Unfinished transactions for the sale of housing in February rose by 5.5% after falling by 2.8% in January, the National Association of Realtors (NAR) reported. The report said that the stock market growth and permanent hiring contributed to an increase, as well as fears of home buyers for rising interest rates. The NAR added that the warmest February for decades also played a role. NAR predicts a 2.3% increase in sales on the secondary housing market and a 4% increase in average house prices in 2017.

At the same time, the cost of oil jumped by more than 2% against the background of the report of the US Energy Ministry, which reflected a weaker increase in oil reserves and a reduction in gasoline and distillate stocks. The market was also supported by a violation of supplies of Libyan oil and the growing likelihood of an extension of the agreement on production reduction.

The components of the DOW index mostly decreased (18 out of 30). More shares fell UnitedHealth Group Incorporated (UNH, -1.09%). The leader of growth were shares of Chevron Corporation (CVX, + 0.72%).

Most sectors of the S & P index ended the session in positive territory. The leader of growth was the sector of basic materials (+ 1.0%). The financial sector fell most (-0.4%).

At closing:

DJIA -0.20% 20.660.55 -40.95

Nasdaq + 0.38% 5,897.55 +22.41

S & P + 0.11% 2,361.18 +2.61

© 2000-2025. All rights reserved.

This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).

The information on this website is for informational purposes only and does not constitute any investment advice.

The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.

AML Website Summary

Risk Disclosure

Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.

Privacy Policy

Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.

Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.

Bank
transfers
Feedback
Live Chat E-mail
Up
Choose your language / location