Market news
14.06.2018, 20:15

Major US stock indexes mostly rose on the basis of the session

Major US stock indices finished the trading session mainly in positive territory amid favorable data on the US, as well as the results of the ECB meeting.

As it became known today, the number of Americans who filed new applications for unemployment benefits fell last week, which is the last sign that employers are reluctant to fire workers in the hard labor market. Initial applications for unemployment benefits, a gauge of layoffs across the United States, fell by 4,000 to 218,000, seasonally adjusted for the week ending June 9, the Ministry of Labor said. Economists had expected 224,000 new applications. The four-week moving average of calls, a more stable measure, fell by 1250 to 224,250 last week.

Meanwhile, the Commerce Department reported that in May, Americans spent most of their salaries on retail goods, which is one of several factors that help raise the economy to a stronger growth phase this year. Sales in US retail stores grew by 0.8% compared to the previous month to $ 502 billion. This marked the largest monthly jump since November. Americans increased spending on cars, building materials, sports goods, health products, clothing and other goods. Excluding sales of cars, which tend to fluctuate monthly, retail costs increased by 0.9%. The report significantly exceeded the expectations of economists expecting growth in retail sales by 0.4% and growth in sales excluding cars by 0.5%.

Most of the components of DOW finished trading in the red (19 of 30). The leader of growth was the shares of The Walt Disney Company (DIS, + 2.38%). Outsider were shares of General Electric Company (GE, -1.87%).

Most sectors of the S & P recorded a rise. The services sector grew the most (+ 0.9%), while the financial sector showed the largest decline (-0.6%).

At closing:

Dow 25,175.31 -25.89 -0.10%

S&P 500 2.782.49 +6.86 +0.25%

Nasdaq 100 7,761.04 +65.34 +0.85%

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