Novosti i prognoe: tržište kapitala od 13-11-2017

Major US stock markets closed around zero after GE's shares reached the lowest level in five years, and investors worried about the future of the US tax reform plan.

So, General Electric Co. (GE) will drastically cut its business to focus on aviation, energy and healthcare, focusing on sectors that the company believes can bring profit. The 125-year-old company cut dividends twice and the profit forecast. The company's shares fell, as investors worry about how the company will generate cash to increase the value of the shares.

Oil prices were in a narrow range on Monday, as support from tensions in the Middle East region and a record number of long positions among fund managers was counterbalanced by the growth of oil production in the US. Experts note that tensions in the Middle East supported the market, despite concerns that production could increase even more, especially in Saudi Arabia. In terms of supply, tensions in the Middle East raised prospects for disruptions, traders said.

Most components of the DOW index recorded a rise (16 out of 30). The growth leader was the shares of The Home Depot, Inc. (HD, + 1.24%). Outsider were shares of General Electric Company (GE, -7.51%).

Sectors Index S & P completed the auction mixed. The utilities sector grew most (+ 0.7%). The largest decrease was shown by the sector of conglomerates (-1.2%).

At closing:

DJIA + 0.08% 23.439.90 +17.69

Nasdaq + 0.10% 6,757.60 +6.66

S & P + 0.10% 2.584.84 + 2.54

U.S. stock-index futures were lower on Monday amid rising uncertainty over a U.S. tax reform deal.

Global Stocks:

Nikkei 22,380.99 -300.43 -1.32%

Hang Seng 29,182.18 +61.26 +0.21%

Shanghai 3,448.68 +16.01 +0.47%

S&P/ASX 6,021.77 -7.60 -0.13%

FTSE 7,414.98 -18.01 -0.24%

CAC 5,321.60 -59.12 -1.10%

DAX 13,000.55 -126.92 -0.97%

Crude $56.97 (+0.41%)

Gold $1,278.40 (+0.33%)

(company / ticker / price / change ($/%) / volume)

Tesla (TSLA) initiated with a Buy at First Shanghai Securities

FedEx (FDX) initiated with a Buy at Goldman; target $270

European stocks fell Friday, marking their worst weekly drop in three months by rounding it off with a disappointing outlook from Cartier parent Richemont and lingering concerns about tax-cut legislation in the U.S. The Stoxx Europe 600 SXXP, -0.35% shed 0.4% to end at 388.69, the lowest close since Oct. 25, according to FactSet data. Only the financial sector finished higher.

U.S. stock benchmarks closed mostly lower on Friday, putting an end to multiweek winning streaks by the major indexes as investors expressed nagging anxiety about a possible delay in much-anticipated corporate tax cuts. However, some strong corporate results limited the day's decline and kept the Nasdaq in barely positive territory.

Most Asia Pacific stock markets started the week on a quiet note, though the Japanese stock market continued to fall. The Nikkei Stock Average NIK, -0.62% finished morning trading down 0.7% after it posted a 0.8% loss on Friday, its largest percentage loss in two months, amid broad regional weakness. The benchmark had surged 21% from early September through last week before the rally paused Thursday.