Market Analysis

 

Tuesday, December 29, the main American stock market indices for the first time in the last seven days of completed trades lower against the background of a drop in prices of energy, financial and technology companies.

Macroeconomic statistics published yesterday, managed to keep the indices of the more significant drop. Thus, the index SP /Case-Shiller, which characterizes the housing prices in 20 U.S. cities, taking into account the seasonal component in October rose by 0.4% m /m. Positive dynamics of this indicator is observed for the fifth month in a row. The index of consumer confidence also pleased bidders, showing an increase from 49.5 points to 52.9 points with the expected increase to 52.5 points.

As a result of trading the barometer of blue chips "Dow fell to 0,016% to a value of 10 545.41 points, a" broad "SP 500 index fell by 0,140% and achieved a mark 1 126, 2 points. Rate with a large proportion of the shares of high-tech companies Nasdaq has lowered to a value of 0,117% 2 288.4 points.

Shares of energy companies yesterday suffered the greatest losses among the ten industries included in the SP 500 index. Prices for crude oil in early trading rose by 0,8%, however, to the end of the session lost much of the increase against the background of appreciation of the dollar. Papers Chesapeake Energy retreated to 3.1%, but rates have fallen Range Resources to 2,6%.

The market capitalization of Bank of America, the biggest U.S. lender by assets, fell by 1.1%, while shares of the largest sales volume in the country of the issuer of credit cards American Express "thinner" at 0,4%. Experts estimate that Moody"s, in November of the allowances for credit cards in the U.S. rose to 10,56%.

Paper Apple lost 1.2% of the cost. Finnish mobile phone manufacturer Nokia asked the International Trade Commission with complaints about Apple"s lack of compliance of conditions of patents.

Quotations world"s largest fertilizer producer Potash Corp. of Saskatchewan fell by 2%. Analysts Soleil Securities lowered the recommended price of granular potash by 14%. Specialists Renaissance Capital also said that the price of potash in the next year may be reduced. Against this backdrop, shares of the second-largest producer of fertilizers in Norc47th America Mosaic lost 1.9% of the cost.

The dollar strengthened its positions against the euro and Japanese yen. Crude oil futures for February delivery went up by 10 cents to $ 78.87 a barrel, a fixed-term contracts for gold for February delivery fell $ 9.80 to $ 1 098.1 per troy ounce. Yield ten-year Treasury bonds fell from 3.84% to 3.80%.

Europe: Investors go for the weekend with a nice potyazhelevshimi purses
Asia: investors are happy to have summed up the year
Latin America: another rise before the holidays
Europe: prices of raw materials and statistics from the U.S. - another guarantee of success
Asia: bidders have relied on raw
Week on the world stage: United States approved a reform of health
Latin America: optimism prevail
United States: the players are reluctant to fix the profit before the end of the year
Europe: posleprazdnichnaya session ended with a quiet growth

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