Market news
28.08.2018, 20:38

Major US stock indices slightly increased

The major stock indexes of the US ended the session with a slight increase, while the S & P 500 and Nasdaq receded from the new record highs achieved thanks to the trade agreement between the US and Mexico, which calmed fears of a global trade war.

In addition, as it became known today, housing prices in the US are still growing, but the growth rate is declining. In June, prices increased by 6.2% compared to the same period last year, according to housing price indexes from S & P CoreLogic Case-Shiller. This was less than the growth of 6.4% per annum in May. Housing prices in the country's 10 largest cities increased by 6% per annum compared to the growth of 6.2% in the previous month.

Meanwhile, the Conference Board consumer confidence index rose in August, after a slight increase in July. The index is now 133.4, compared with 127.9 in July. The index of the current situation improved from 166.1 to 172.2, and the index of expectations increased from 102.4 last month to 107.6 this month.

Most of the components of DOW finished trading in positive territory (17 out of 30). Leader of growth were shares of Walmart Inc. (WMT, + 1.62%). Outsider were shares of The Boeing Company (BA, -0.72%).

Almost all sectors of S & P finished trading in the red. The largest decrease was in the commodity sector (-0.7%). Only the health sector has grown (+ 0.1%).

At closing:

Dow 26,064.02 +14.38 +0.06%

S & P 500 2,897.52 +0.78 +0.03%

Nasdaq 100 8,030.04 +12.14 +0.15%

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