Market news
19.12.2017, 21:18

The main US stock indexes finished trading in negative territory

Major US stock indices fell slightly due to expectations of a vote on the bill to review the US tax system, as well as reduce the price of Apple shares after two strong growth sessions.

In addition, as it became known, the current account deficit in the US, the indicator of trade and financial flows of the country with other countries, in the third quarter fell to $ 100.57 billion, the Commerce Ministry reported. Economists were expecting a deficit of $ 116.8 billion.

Housing construction in the US unexpectedly rose in November, while the construction of single-family houses increased to a 10-year high, but changes in data for the previous month showed that the sector continues to struggle with supply constraints. The laying of new homes increased by 3.3% to a seasonally adjusted level of 1.277 million units, the Commerce Ministry said. This was the highest level since October 2016. But the pace of sales in October was revised to 1.256 million units compared to the previously registered 1,290 million units.

Oil prices have risen moderately, supported by a simple oil pipeline in the North Sea, a reduction in supplies led by OPEC, and expectations that US crude inventories fell for the fifth week in a row. However, expectations of an increase in oil production in the United States put pressure on quotes.

Most components of the DOW index finished trading in the red (18 out of 30). Outsider were the shares of The Goldman Sachs Group, Inc. (GS, -1.39%). The leader of growth was shares of Intel Corporation (INTC, + 1.82%).

All sectors of the S & P index recorded a decline. The largest drop was shown by the utilities sector (-1.5%).

At closing:

DJIA -0.15% 24.754.75 -37.45

Nasdaq -0.44% 6,963.85 -30.91

S & P -0.32% 2,681.47 -8.69

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