Major US stock indexes finished trading in the green zone

Major stock indexes Wall Street gained slightly on Monday amid better-than-expected quarterly results report.

In addition, it became known that the index of builders confidence in the market of newly built, single-family homes in July fell by one point to 59 from June's reading of 60. "Over the past six months, the confidence builders remained in a relatively narrow range of positive, consistent with the continuing gradual housing market recovery that is underway, "said NAHB Chairman Ed Brady. "Nevertheless, we are still hearing reports from our members about the weakness in some markets, largely due to regulatory restrictions and the lack of land and labor."

Oil prices fell by about 2%, as the increase in oil and gasoline has strengthened concerns about oversupply. Today, the company Genscape reported that oil reserves in the terminal Cushing, Oklahoma, rose by 26,460 barrels for the week ended July 15th. Meanwhile, Morgan Stanley experts said they expected soon to a significant reduction in demand for oil from the refinery, which will eventually lead to an increase in reserves and will have a significant pressure on prices. Also at Morgan Stanley noted that it is still expected to change the balance of demand and supply of oil by mid-2017.

DOW index components finished trading in different directions (17 black, 13 red). Outsider were shares of Merck & Co. Inc. (MRK, -1,06%). More remaining stocks grown E. I. du Pont de Nemours and Company (DD, + 1,32%).

Almost all sectors of the S & P showed an increase. The leader turned out to be the technology sector (+ 0.9%). Decreased only the industrial goods sector (-0.1%).

At the close:

Dow + 0.08% 18,532.06 +15.51

Nasdaq + 0.52% 5,055.78 +26.19

S & P + 0.23% 2,166.79 +5.05