Major US stock indexes rose moderately

Major US stock indexes finished trading in positive territory on the background of positive dynamics of the oil market and the expectations of the publication of important macroeconomic data on the US

Oil prices rose significantly, reaching a month high, helped by speculation that major oil-producing countries can take measures to stabilize prices. Recall, the Minister of Energy of Saudi Arabia Khalid al-Falih recently signaled his country's readiness to implement measures to stabilize the market. Saudi Arabia, the largest OPEC oil producer, is seen as the undeclared leader of the cartel.

As shown by the results of research, published by the Federal Reserve Bank of New York manufacturing index in the region has dropped significantly in August, confounding forecasts of experts. According to the data, the manufacturing index fell this month to -4.21 from 0.55 in July. Economists had expected the index to rise to 2.0.

At the same time, builders confidence in the market for newly built single-family homes in August increased by two points to 60 from a revised 58 with decreasing values ​​in July, according to the housing market index (HMI) of the National Association of Home Builders / Wells Fargo. Two of the three components shown HMI increase in August. The component that measures current sales conditions rose two points to 65, while the index of sales expectations for plotting in the next six months increased by one point to 67. The component that measures customer traffic fell by one point to 44.

Most components of the DOW index finished trading in positive territory (22 of 30). Most remaining shares grew E. I. du Pont de Nemours and Company (DD, + 1.71%). Outsider were shares of UnitedHealth Group Incorporated (UNH, -0.92%).

Almost all sectors of the S & P showed an increase. The leader turned conglomerates sector (+ 1.9%). Decreased only utilities sector (-1.1%).

At the close:

Dow + 0.32% 18,635.98 +59.51

Nasdaq + 0.56% 5,262.02 +29.12

S & P + 0.28% 2,190.13 +6.08