Market news
18.06.2015, 20:08

Major US stock indexes closed higher

Major US stock indexes rose on Thursday, will continue to receive support from yesterday's decision of the Federal Reserve System. On Wednesday, the Fed said the economy is likely to be strong enough to support a rate hike this year. However, the regulator has lowered its growth forecasts for 2015 and reduced the forecast for the federal funds rate.

As it became known today, the number of Americans who first applied for unemployment benefits fell last week - is the latest sign of sustained job creation. The Labor Department said that initial applications for unemployment benefits, a measure of layoffs throughout the US, fell by 12 thousand. And seasonally adjusted reached 267 thousand. For the week ended June 13. Economists had expected 275 thousand. Primary applications.

In addition, the consumer price index, which reflects the fact that Americans pay for everything from cars to food, rose by a seasonally adjusted 0.4% in May compared with the previous month, said the Ministry of Labour. It was the biggest gain since February 2013, when high gasoline prices pushed up the overall index. Except for the volatile categories of food and energy, so-called core prices increased 0.1%.

At the same time, a report Philadelphia Fed in June index of business activity has improved markedly, reaching thus the level of 15.2 points compared with 6.7 points in May. It is worth noting that many economists had expected growth of this indicator to the level of 8.0 points. A data provided Conference Board, showed that the index of leading indicators (LEI) US increased by 0.7% in May, reaching 123.1 points (2004 = 100) after the increase by 0.7% in April and increasing to 0 4% in March expected that this figure will add 0.4%.

All components of the index DOW closed in positive territory. The maximum growth recorded shares of 3M Company (MMM, + 1.81%).

All sectors of the index S & P also showed an increase. Most of the health sector increased (+ 1.5%).

At the close:

Dow + 1.00% 18,115.71 +179.97

Nasdaq + 1.34% 5,132.95 +68.07

S & P + 0.99% 2,121.16 +20.72

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