Stock market: weekly review.[E]

In a weekly average S&P 500 decreased on 0.2 %, Nasdaq Composite also has lost 0.2 %, and Dow Jones Industrial Average strengthened on 1.1 %.
The publication of the data testifying inflationary pressure increase in the American economy became the reason of sharp Monday and Tuesday drop.
For first two days of week S&P 500 felt on 2.6 %, and Nasdaq -3.3 %. Considering general concern in a problem of inflation similar instability was kept until Fed Chairman Ben Bernanke encouraged markets on Thursday with the words that "despite of negative influence of oil gains the economy is in the good shape and continues growth."
Words, that " in the long-term period energy carriers gains most likely will be controllable " and "in case of the constrained character of inflationary expectations Fed actions in toughening of interest rates policy can be limited." also supported indexes on their rally.
As a result speculations activated that Fed afraid of great in the world economy slowdown will not aspire to excessive hike of rates.
Dow, S&P 500 and Nasdaq grew almost on 2,5% each while last three days. Boeing (BA 81.39 +4.41) leaded in a list of blue chips. Its shares flied up after a message on a new order estimated in $4.5 bln. Besides, the recent data said on its rating increase by Goldman Sachs
Caterpillar added 4.6% after the company underpinned the forecast on FY06 and the decisions to raise dividends.
Energy and materials also set to gains as USD drop lead to investors focus on denominated commodities such as gold and oil.
Have strengthened the positions power and material sectors as decrease in a rate of the American currency has caused interest of investors to the goods denominated in dollars, such as oil and gold.
Financial sector also supports the wide market owning to record quarter results Bear Stearns.
Serious growth was marked in a consumer sector. Harley Davidson jumped up on 8.4 % after the publication of the state-of-the-art review testifying sales growth and optimistic sentiment among the dealers. Circuit City grew on 4.7 % after the company message on intention to pay dividends.
Technological sector, which from the beginning of year, suffered more than others (-8.6%), involved buyers also besides mixed picture.
Intel grew on 7.1% after Goldman Sachs lifted its rating. Broadcom added 8.3%, Hewlett-Packard + 8%
Jabil Circuit headed the list the technology outsiders with the 23% losses. The company reduced its forecasts on Q-results owing to deliveries faults and growth of salaries.