Novosti i prognoe: tržište kapitala od 21-03-2019

Major US stock indexes have risen significantly due to the rally in shares of the technical sector, which made it possible to outweigh the fall in stocks of financial companies after the Fed decided not to raise interest rates this year.

The driving force behind the growth of the technology segment was Apple (AAPL) and chip manufacturers. IPhone maker shares jumped 3.9% after Needham analysts said they expect the company's video service, which will be launched on Monday, will have a significant impact on its future profit, and upgraded the AAPL share rating to Strong Buy from Buy. .Shares of chip makers have risen in price after the company Micron Technology Inc (MU) said it expects recovery in the segment of memory chips.

The focus of market participants was also slightly exceeded the expectations of macroeconomic reports. Thus, the report of the Ministry of Labor showed a more significant than expected reduction in the number of initial claims for unemployment benefits, which indicates still strong conditions in the labor market, although employment growth slowed down after a significant increase last year. According to the report, the number of Americans applying for unemployment benefits fell by 9,000 to 221,000 last week, while analysts had forecast a decline to 225,000.

At the same time, the Philadelphia Fed Report showed a stronger than expected recovery in manufacturing activity in the region. The Philadelphia Fed index jumped 13.7 in March from -4.1 in February. Economists had expected the index to rise to 4.5.

Almost all the components of DOW finished trading in positive territory (26 out of 30). The growth leader was Apple Inc. (AAPL, + 3.90%). JPMorgan Chase & Co. shares turned out to be an outsider. (JPM; -1.58%)

Almost all sectors of the S & P recorded an increase. The greatest growth was shown by the consumer goods sector (+ 1.5%). Only the financial sector declined (-0.1%).

At the time of closing:

Dow 25,962.51 +216.84 +0.84%

S & P 500 2,854.88 +30.65 +1.09%

Nasdaq 100 7,838.96 +109.99 +1.42%