Market news
02.08.2017, 20:07

The main US stock indexes finished trading mostly in positive territory

Stock indexes Nasdaq and S & P finished the session near the zero mark, while Dow for the first time in history overcame the level of 22,000 against the backdrop of Apple's good results.

The profit of Apple (AAPL) for the third quarter of 2017 fiscal year (FY) reached $ 1.67 per share (versus $ 1.42 in the third quarter of 2016 FY), which was above the average forecast of analysts at $ 1.57. Quarterly revenue of the company was $ 45.408 billion (+ 7.2% y / y), while the average forecast of analysts was $ 44.939 billion. The company said that in the fourth quarter they expect to receive revenues of $ 49-52 billion against the average forecast of analysts $ 49.23 billion. And the gross margin at 37.5-38.0% against the average forecast of analysts 38.2% and 38% recorded a year earlier.

A certain influence on the dynamics of trading was provided by statistics on the United States. The business activity in New York improved noticeably last month, surpassing analysts' forecasts, and reaching its highest level since December 2016. The index, which measures the economic conditions in the manufacturing and services sectors for companies registered in New York, rose in July to 62.8 points from 55.5 points in May. Economists predicted that the index will drop to 53.1 points.

Oil has risen by about 1%, supported by data on oil stocks in the US and the widespread weakening of the US currency. The US Energy Ministry reported that crude oil stocks fell again, but less than expected. However, the data also indicated another drop in gasoline and distillate stocks. According to the report, in the week of July 22-28, oil reserves fell by 1.527 million barrels to 481.888 million barrels. The reduction was expected at 2.8 million barrels.

Most components of the DOW index recorded a decline (18 out of 30). Outsider were shares of The Walt Disney Company (DIS, -1.89%). Leader of growth were shares of Apple Inc. (AAPL, + 5.21%).

Most sectors of the S & P index finished trading in the red. The greatest decline was shown by the sector of conglomerates (-1.2%). The consumer goods sector grew most (+ 0.7%).

At closing:

DJIA + 0.23% 22,015.46 +51.54

Nasdaq -0.00% 6,362.65 -0.29

S & P + 0.05% 2.477.54 +1.19

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