Market news
31.07.2017, 20:08

The major US stock indices showed multidirectional dynamics

The main US stock indexes ended the trading mixed, as the decline in the shares of the technology sector was offset by the growth of the conglomerate sector.

In addition, in the focus of attention of market participants were statistical data on the United States. As it became known, the index of purchasing managers Chicago fell to 58.9 in July from 65.7 in June, the lowest level in three months. Noting the 17 reading above 50, the July fall interrupted the sequence of five direct monthly increases in business optimism. Each of the five components of the index decreased compared to June, but all of them remained above their respective average for 12 months.

At the same time, according to the National Association of Realtors, in June the monthly index of signed contracts for the purchase of houses in the secondary market increased by 1.5% compared to May, and the May figure was slightly higher. The index was 0.5% higher than in June 2016, which is the first annual increase since March. Unfinished transactions for the sale of housing are a direct indicator of closed sales in two to three months.

Data provided by the Federal Reserve Bank of Dallas, showed that in July, business activity of Texas producers grew moderately, despite the projected decline. According to the report, the production index rose to 16.8 points from 15.0 points in June. Analysts had expected a decrease to 13.0 points.

Most components of the DOW index recorded a rise (23 out of 30). The leader of growth were shares of Chevron Corporation (CVX, + 1.37%). The outsider was E.I du Pont de Nemours and Company (DD, -1.96%).

Most sectors of the S & P index ended the session in positive territory. The conglomerate sector grew most (+ 0.7%). The greatest decrease was shown by the technological sector (-0.3%).

At closing:

DJIA + 0.28% 21,891.40 +61.09

Nasdaq -0.42% 6.348.12 -26.56

S & P -0.07% 2,470.39 -1.71

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