Market news
16.10.2017, 20:09

Major US stock indexes finished trading in positive territory

Major US stock indices rose slightly on Monday, as the growth in US Treasury yields led to a rebound in banking stocks after three days of losses.

In addition, according to research published by the Federal Reserve Bank of New York, the region's production index rose significantly in October, despite the average forecasts of economists expecting a decline. According to the data, the production index in the current month rose to +30.2 points compared to +24.4 points in September. Previous value was not revised. Economists had expected the index to fall to +20.7 points.

Investors also expect another quarterly report. This week, UnitedHealth (UNH), Morgan Stanley (MS), Goldman Sachs (GS), IBM (IBM), American Express (AXP), Verizon (VZ), General Electric (GE), Procter & Gamble ( PG) and many others (the total expected from 55 companies of the index basket S & P 500 this week).

Today, the focus of attention was the shares of Netflix, which should provide a report on the results of activity in the third quarter after the close of the trading session.

Quotes of oil moderately increased on Monday, reacting to news that Iraqi forces entered the oil city of Kirkuk, after serving the territory from Kurdish fighters. Support prices also had a short-term reduction in the oil production of the second largest producer of OPEC.

Most components of the DOW index recorded a rise (19 out of 30). Leader of the growth were shares of JPMorgan Chase & Co. (JPM, + 2.09%). Outsider were shares Pfizer Inc. (PFE, -1.18%).

Most sectors of the S & P index finished trading in positive territory. The consumer goods sector grew most (+ 0.4%). The utilities sector showed the greatest decrease (-0.3%).

At closing:

DJIA + 0.37% 22.956.05 +84.33

Nasdaq + 0.28% 6,624.01 +18.21

S & P + 0.18% 2.557.64 +4.47

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