Market news
26.10.2017, 20:18

The main US stock indexes finished trading mostly in positive territory

The main US stock indexes mainly increased, as the rise in the price of shares in the consumer goods and technology sector made it possible to compensate for the collapse of the shares in the health sector.

The focus was also on the United States. As it became known, the number of Americans applying for unemployment benefits last week increased less than expected, indicating that the labor market continues to toughen after recent hurricane-related disruptions. Initial applications for unemployment benefits increased by 10,000 to 233,000, seasonally adjusted for the week to October 21, the Ministry of Labor said. The latter value was the lowest since March 1973. The four-week moving average of primary hits fell 9,000 to 239,500 last week.

At the same time, the number of contracts for the purchase of housing on the secondary market did not change in September, while activity in annual terms decreased for the fifth time in the last six months, as demand for real estate still exceeded supply. The National Association of Realtors said its forecast domestic sales index, based on contracts signed last month, remained at 106.0. The August index was revised to -2.8 percent from -2.6 percent. Economists predicted that unfinished transactions for the sale of housing last month increased by 0.2 percent.

Most components of the DOW index finished trading in positive territory (24 out of 30). Leader of the growth were shares of NIKE, Inc. (NKE, + 3.31%). Outsider were shares of 3M Company (MMM, -2.02%).

Most sectors of the S & P index recorded an increase. The consumer goods sector grew most (+ 0.7%). The health sector showed the greatest decline (-1.0%).

At closing:

DJIA + 0.31% 23,400.86 +71.40

Nasdaq -0.11% 6,556.77 -7.12

S & P + 0.13% 2.560.40 +3.25

© 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