Market news
12.04.2018, 20:14

The main US stock indices increased significantly as a result of today's trading

Major US stock indexes finished trading in positive territory, helped by the growth of the technological, financial and industrial sectors, as investors hoped that lower taxes in the US could increase corporate profits in the first quarter.

In addition, market participants analyzed data on the United States. The Ministry of Labor reported that import prices remained unchanged in March compared to the previous month, which ended the seven-month period of price increases. Economists had expected prices to rise by 0.2%. Since last year, prices have increased by 3.6%.

At the same time, it became known that the number of Americans applying for new unemployment benefits has never been so low for so long. Initial applications for unemployment benefits, a gauge of layoffs across the US, fell by 9,000 to 233,000, seasonally adjusted for the week ending April 7, the Ministry of Labor said. This means that at present primary treatment is held below 300,000 for 162 consecutive weeks, securing the longest period for weekly data relating to 1967. The current strip eclipsed the previous longest section, which ended in April 1970. Economists were expecting 230,000 new applications last week.

Most components of the DOW index finished trading in positive territory (25 out of 30). The leader of growth was the shares of The Boeing Company (BA, + 3.14%). Outsider were shares of McDonald's Corporation (MCD, -1.03%).

Almost all sectors of S & P recorded a rise. The industrial goods sector grew most (+ 1.2%). The decrease was shown only by the utilities sector (-1.1%).

At closing:

Dow 24,483.05 +293.60 +1.21%

S&P 500 2,663.99 +21.80 +0.83%

Nasdaq 100 7,140.25 +71.22 +1.01%

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