U.S.: Despite the favorable statistics, investors are reluctant to buy
Tuesday, 15 September, the U.S. stock market in the first half trading has shown mixed dynamics. Thus, a negative effect on the indices provided insurance company stock, which declined after the announcement of the U.S. government about a possible decrease in annual health costs by $ 250 billion today published statistics, on the contrary, contributed to purchases, as has been better than expectations of economists.
Retail sales in August rose 2.7% m /m with a projected increase of 2,0%, and even excluding cars value of the index, which added 1.1%. Producer price index in August rose by 1.7% m /m, while the expected increase of 0,8%. Industrial stocks in July were down 1.0% m /m, in the last month value of the index decreased by 1,1%.
By 20:02 IST barometer of blue chips Dow rose 0,132% to a value of 9 639.53 points, more than a broad SP 500 index fell by 0,008% to reach 1,049.26 points mark. Rate with a large proportion of high-tech stocks Nasdaq added 0,261% to the value 2 097.23 points.
Shares of companies sector health insurance Coventry Health Care and UnitedHealth Group fell 5,56% and 3,48% respectively, after it became known that the U.S. government could reduce the annual cost of health care by $ 250 billion
Quotations Discover Financial Services and JPMorgan Chase fell by 2,4% and 0,82%. Companies reported an increase in cancellation of outstanding on credit cards.
Paper owner of the most popular in the U.S. broadcast network CBS recovered at 4,3%. Analysts Wells Fargo raised the rating of the company's shares to neutral to better market.
Kroger Market capitalization declined by 8.37%. The operator of the largest U.S. supermarket chain reported falling profits in the second quarter, overtook analysts' expectations, and lowered his earnings forecast for the end of the fiscal year.
shares the world's largest electronics retailer Best Buy lost 3,22% of the cost for the decrease in profits for the second quarter to 37 cents per paper, whereas, according to analysts, the value of the index was up about 42 cents.
Quotes Citigroup dropped to 4.87%. According to unofficial information, the U.S. Treasury and representatives of the bank are considering options for selling 34% stake in which the government acquired in order to save the creditor in the midst of financial crisis.
Paper Parallel Petroleum soared 10.21% after the company engaged in exploration for oil and gas fields, approved the takeover bid by Apollo Global Management.
By 20:03 IST futures for Brent crude for November delivery fell 0,530% to $ 68.008 per barrel. Gold prices have risen by 0,190% to $ 1,003 per troy ounce. American currency has strengthened its positions against the euro and rose 0,123% against the Japanese yen to 0,143%.
Technical factors continue to indicate a continuation in force of a dominant bull trend
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