Novosti i prognoe: tržište kapitala od 23-07-2018

The major US stock indexes ended the trading mixed, but with a slight change, as the profit of financial stocks was compensated by the fall in shares of Amazon and industrial companies amid investors' expectations of earnings reports by large companies in order to assess the impact of the escalating trade conflict.

A certain influence on the course of trading also provided data on the United States. Led by improvements in production indicators, the index of economic activity from the Federal Reserve Bank of Chicago (CFNAI) recovered to +0.43 in June from -0.45 in May. The three-month moving average of the index, CFNAI-MA3, in June rose to +0.16 from +0.10 in May. The diffusion index CFNAI, which is also a three-month moving average, has not changed and remained at the level of +0.15 in June.

In addition, according to the National Association of Realtors (NAR), home sales in the secondary market decreased last month for the third month in a row, as the decline in the South and West exceeded sales in the Northeast and the Midwest. The constant imbalance of supply and demand helped the median selling price in June to reach a new record high. The total volume of home sales in secondary markets, which are completed transactions, including single-family homes, urban homes, condominiums and cooperatives, declined by 0.6% to a seasonally adjusted exchange rate of 5.38 million units from the revised 5.41 million units in May. With a decrease in June, sales are now 2.2% lower than a year ago.

Most DOW components recorded a decline (17 out of 30). Outsider were shares of 3M Company (MMM, -1.58%). Leader of the growth were shares of JPMorgan Chase & Co. (JPM, + 2.07%).

Most sectors of the S & P finished trading in the red. The largest decrease was shown by the sector of industrial goods (-1.0%). The financial sector grew most (+ 0.7%).

At closing:

Dow 25,044.29 -13.83 -0.06%

S&P 500 2,806.98 +5.15 +0.18%

Nasdaq 100 7,841.87 +21.68 +0.28%

U.S. stock-index futures were mixed on Monday, as investors as investors assessed the impact of an escalating trade dispute between the U.S. and China on future corporate results, while awaiting a large bulk of Q2 earnings this week.

Global Stocks:

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

Int'l Paper (IP) resumed with a Buy at Citigroup; target $65

General Electric (GE) downgraded to Hold from Buy at Argus

July 23

After the Close:

Alphabet (GOOG). Consensus EPS $9.70, Consensus Revenues $32127.49 mln.

July 24

Before the Open:

3M (MMM). Consensus EPS $2.60, Consensus Revenues $8356.59 mln.

United Tech (UTX). Consensus EPS $1.86, Consensus Revenues $16255.22 mln.

Verizon (VZ). Consensus EPS $1.15, Consensus Revenues $31753.77 mln.

After the Close:

AT&T (T). Consensus EPS $0.89, Consensus Revenues $38447.16 mln.

July 25

Before the Open:

Boeing (BA). Consensus EPS $3.29, Consensus Revenues $23991.83 mln.

Coca-Cola (KO). Consensus EPS $0.60, Consensus Revenues $8538.77 mln.

Freeport-McMoRan (FCX). Consensus EPS $0.52, Consensus Revenues $4966.09 mln.

General Motors (GM). Consensus EPS $1.82, Consensus Revenues $36583.70 mln.

After the Close:

Barrick Gold (ABX). Consensus EPS $0.14, Consensus Revenues $1747.61 mln.

Facebook (FB). Consensus EPS $1.70, Consensus Revenues $13357.83 mln.

Ford Motor (F). Consensus EPS $0.31, Consensus Revenues $35648.17 mln.

Visa (V). Consensus EPS $1.08, Consensus Revenues $5090.56 mln.

July 26

Before the Open:

Altria (MO). Consensus EPS $1.00, Consensus Revenues $5022.87 mln.

Int'l Paper (IP). Consensus EPS $1.10, Consensus Revenues $5799.68 mln.

McDonald's (MCD). Consensus EPS $1.93, Consensus Revenues $5329.84 mln.

Yandex N.V. (YNDX). Consensus EPS RUB15.36, Consensus Revenues RUB29050.56 mln.

After the Close:

Amazon (AMZN). Consensus EPS $0.40, Consensus Revenues $53370.94 mln.

Intel (INTC). Consensus EPS $0.97, Consensus Revenues $16776.49 mln.

Starbucks (SBUX). Consensus EPS $0.60, Consensus Revenues $6254.76 mln.

July 27

Before the Open:

Chevron (CVX). Consensus EPS $2.09, Consensus Revenues $46621.54 mln.

Exxon Mobil (XOM). Consensus EPS $1.28, Consensus Revenues $71758.95 mln.

Merck (MRK). Consensus EPS $1.03, Consensus Revenues $10292.67 mln.

Twitter (TWTR). Consensus EPS $0.16, Consensus Revenues $697.35 mln.