Market news
24.05.2017, 20:09

The main US stock indexes completed the session in a positive territory

Major US stock indices moderately increased on Wednesday, fixing the fifth session increase in a row. The focus of the market was the protocol of the May meeting of the Fed, which signaled that interest rates could be raised already at the June meeting of the Fed

"Fed executives noted that" it would soon be appropriate "to raise rates again. Also, the Fed leaders are increasingly in agreement on the need to reduce the balance, - reported in the protocol. - According to the leaders of the Central Bank, the slowdown in the economy was only temporary. Also, managers expressed concerns about the recent weakness of inflation, but indicated that it is not so weak that the Fed changed its plan for the rate increase. "

In addition, as it became known, the volume of home sales in the US secondary market declined more than expected in April, which was due to the chronic shortage of houses in the market, which kept prices at a high level and pushed potential home buyers. The National Association of Realtors said that home sales in the secondary market decreased by 2.3%, taking into account seasonal fluctuations, and amounted to 5.57 million units (recalculated for annual rates).

Components of the DOW index finished trading mixed (13 in negative, 17 in positive territory). Most fell shares of General Electric Company (GE, -1.66%). The leader of growth was the shares of The Goldman Sachs Group, Inc. (GS, + 2.01%).

Almost all sectors of the S & P index recorded an increase. The growth leader was the conglomerate sector (+ 1.3%). Most fell sector of main materials (-0.3%).

At closing:

DJIA + 0.36% 21.012.42 +74.51

Nasdaq + 0.40% 6.163.02 +24.31

S & P + 0.25% 2.404.39 +5.97

© 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