Market news
16.05.2017, 20:07

The main US stock indexes completed the session almost unchanged

The main US stock indexes finished trading near zero. The negative impact on the mood of investors was provided by data on the US housing market, as well as reports that Trump could give the Russian Foreign Minister secret information concerning the threat posed by the terrorist organization Islamic State.

As it became known, bookings of new houses in the USA unexpectedly fell in April against the background of a constant decrease in the construction of multi-apartment houses and a modest rebound in one-family projects, which indicates a slowdown in the housing market recovery. The Ministry of Housing reported that bookings of new homes fell 2.6% to 1.17 million (seasonally adjusted). This was the lowest level since November 2016, after a downward revision to the level of 1.20 million in March. Economists predicted that last month's bookmarks rose to 1.26 million units from the previously announced level of 1.22 million units in March.

Meanwhile, the optimism of the market has added data on industrial production. The Federal Reserve said that industrial production in April rose at the fastest monthly pace in more than three years, thanks to the broad achievements in the manufacturing sector. According to the data, the volume of industrial production grew by 1% in April, exceeding the consensus forecast of growth economists by 0.3%. This was the fastest growth rate since February 2014.

The components of the DOW index showed mixed dynamics (15 in positive territory, 15 in negative territory). Most fell shares of UnitedHealth Group Incorporated (UNH, -2.06%). The leader of growth was the shares of International Business Machines Corporation (IBM, + 1.53%).

Most sectors of the S & P index finished trading in the red. The conglomerate sector fell most of all (-1.2%). The leader of growth was the technological sector (+ 0.5%).

At closing:

DJIA -0.01% 20.979.54 -2.40

Nasdaq + 0.33% 6,169.87 +20.20

S & P -0.07% 2,400.64 -1.68

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