The main US stock indexes finished trading mostly in positive territory

Major US stock indexes mostly rose on Tuesday, as strong quarterly results from Alphabet (GOOG) confirmed the expectations of a steady season of reports and caused rallies among technological stocks. The indices were also supported by the growth of quotations of the base materials sector.

In addition, investors were acting out data on the United States. As it became known, housing prices in the US rose by 0.2% in May compared to the previous month, according to the housing price index (HPI) from the Federal Agency for Housing Finance (FHFA). The previously reported increase of 0.1% in April was revised to 0.2%. FHFA monthly calculates HPI using information on housing prices from mortgages sold or guaranteed by Fannie Mae and Freddie Mac. From May 2017 to May 2018, house prices rose by 6.4%.

Meanwhile, US private sector companies demonstrated a robust growth in overall business activity in July, supported by improved economic conditions and another sharp rise in new orders. Taking into account the seasonal fluctuations, the consolidated issue index from IHS Markit for the USA reached 55.9 in July, slightly weakening from 56.2 in June, and became the lowest reading for three months. Nevertheless, the index remained well above the threshold of the neutral level of 50.0 and signaled the next reliable expansion of the total volume of production in the private sector.

Most of the components of DOW finished trading in positive territory (23 out of 30). The leader of growth was shares United Technologies Corporation (UTX, + 3.65%). Outsider were the shares of NIKE, Inc. (NKE, -1.44%).

Most sectors of the S & P recorded a rise. The base materials sector grew most (+ 1.5%), while the utilities sector showed the largest decrease (-0.4%).

At closing:

Dow 25,241.94 +197.65 +0.79%

S&P 500 2,820.40 +13.42 +0.48%

Nasdaq 100 7,840.77 -1.10 -0.01%