Market news
27.10.2016, 20:06

Major US stock indexes finished trading in the red zone

Major US stock indexes showed a slight decrease, as the poor results of several companies of industrial and consumer sector eclipsed revenues from healthcare growth stocks.

In addition, as it became known today, the number of Americans who applied for unemployment benefits fell last week, pointing to sustained strength of the labor market and strengthen economic growth. Primary applications for unemployment benefits fell by 3,000 and reached a seasonally adjusted 258,000 for the week ended October 22, reported Thursday the Ministry of Labour. It marked 86 consecutive weeks, when the treatment was below the threshold of 300 000, which is usually associated with a strong labor market. This is the longest period since 1970, when the labor market was much smaller.

However, new orders for manufactured durable goods decreased by $ 0.3 billion in September, or 0.1% to $ 227.3 billion, the US Census Bureau reported today. This decline came after two consecutive monthly increases, including growth of 0.3% in August. Except for transportation, new orders increased by 0.2%. With the exception of defense orders, new orders increased by 0.7%. Orders transport equipment also declined after two consecutive monthly increases, to $ 0.6 billion or 0.8% to $ 77.5 billion.

It should also be noted that the number of signed contracts for the purchase of housing on the secondary market in the US rose more than expected in September, becoming yet another sign of the momentum in the housing market. The National Association of Realtors reported Thursday that its index of pending home sales, based on contracts signed in the past month increased by 1.5% to 110.0 after falling in August.

DOW index components closed in different directions (12 against 18 in the black in the red). Most remaining shares rose Verizon Communications Inc. (VZ, + 2.02%). Outsider were shares of The Boeing Company (BA, -1.61%).

Most of the S & P sectors registered a decline. The leader turned out to be the health sector (+ 0.2%). conglomerates (-1.3%) sectors fell most.

At the close:

Dow -0.14% 18,173.38 -25.95

Nasdaq -0.65% 5,215.97 -34.30

S & P -0.28% 2,133.36 -6.07

© 2000-2024. All rights reserved.

This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).

The information on this website is for informational purposes only and does not constitute any investment advice.

The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.

AML Website Summary

Risk Disclosure

Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.

Privacy Policy

Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.

Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.

Bank
transfers
Feedback
Live Chat E-mail
Up
Choose your language / location