Market news
10.10.2016, 20:08

Major US stock indices closed above zero

Major US stock indexes rose on Monday, driven by rising oil prices, as well as on the background of the fact that the Democrat Hillary Clinton was the winner of the second round of the presidential debates.

Clinton is expected as US President will be more positive for the market, because of its position known better than her Republican rival, Donald Trump, according to Reuters data.

Brent prices rose sharply, reaching a peak in mid-October 2015, as Russia said it was ready to join a proposed deal to curb oil production in an attempt to stop the fall in prices. Quotes of WTI crude oil also increased significantly, reaching its highest level in four months.

Among the corporate nature of the message it is worth noting the news that Twitter search for new solutions to the situation after the failure of potential buyers - Google (Alphabet Inc .; GOOG), Salesforce.com Inc. and Walt Disney (DIS), - the acquisition of the company under the pressure of its own investors. This was reported in his article Bloomberg. According to the agency, on Saturday, Twitter's board of directors should hold a meeting with the independent consultants to discuss the sale, but the event was canceled. As reported by Bloomberg informed sources, Twitter is considering other options, including the separation of assets that are not of importance to the company's core business.

DOW index components ended the day mostly in positive territory (19 vs. 11). More rest up shares Exxon Mobil Corporation (XOM, + 1.99%). Outsider were shares of Wal-Mart Stores Inc. (WMT, -1.15%).

All Sector S & P Index showed an increase. The leader turned out to be the basic materials sector (+ 1.6%).

At the close:

Dow + 0.49% 18,329.25 +88.76

Nasdaq + 0.69% 5,328.67 +36.26

S & P + 0.46% 2,163.66 +9.92

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