Indices in the U.S. fell on Thursday due to declining sales of housing futures in positive territory on Friday
U.S. stock indices fell for the results of trading on Thursday owing to falling sales of housing in the country and reduce some emergency lending programs of the Federal Reserve System (FRS), reported Bloomberg.
oil fell to a minimum for the month against a background of strengthening the dollar, US Treasuries are going to increase.
However, trading in the futures market on Friday talking about preserving the investor's optimism: the December contract on the Dow Jones Industrial Average to 8:41 MSCs rose to 0.19%, and Standard Poor s 500 - to 0,25% .
Stocks
Alcoa, General Electric and Caterpillar is down more than 2,4% on news of the reduction of transactions on the secondary housing market. Paper Company D. R. Horton Inc. led a drop in the construction sector. Share prices of banks, including Bank of America and Citi, declined due to reduction of lending programs of the American Central Bank, podyndeks finkompany within SP 500 lost 1.8%.
Sales of homes on the secondary housing market in the U.S. unexpectedly fell in August on 2,7% - to 5.1 million homes at an annual rate, reported the National Association of Realtors. In the previous month, compared with 5.24 million homes.
Analysts had expected an increase of 2,1% - to 5,35 million
Data on the housing market have been disappointing, and investors will be looking for signs that the Fed slightly reduces the incentives - said the representative of the Security Global Invetors Mark Bronze. - The stock market is tired, so the sale is likely to continue until the end of the quarter.
U.S. Federal Reserve has motivated the decision to reduce some of lending programs imposed by it in a matter of urgency in times of crisis, continued improvement in financial markets.
In particular, the U.S. Central Bank will reduce the amount of funds that will be offered to banks at regular auctions, the program short-term financing (term auction facility, TAF) in October and again in November and December. The Fed also cut in October lending bonds (term securities lending facility, TSLF).
In the first minutes of trading on Thursday indexes climbed unexpectedly positive data on the reduction of the number of applications for unemployment benefits last week.
All is not as bad as it was, but it is clear that it will take time before the economy will grow, - convinced the chief investment officer at Philadelphia Trust Co. Richard Saychel.
Podyndeks construction companies SP 500 dropped by 2,2%, realtors - 3,6%. Lennar shares fell 4.5%.
market capitalization of Bank of America declined by 3%, Citi - by 2%.
price of the shares of the largest online home furnishings shop Bed Bath Beyond Inc. fell by 3,3%. The company expects annual earnings per share of $ 1.79, analysts previously expected the figure will reach $ 1.80 per share.
Paper
videogame developer Electronic Arts Inc. lost in the price of 2,7% after rising by 7,1% on Wednesday, sparked speculation about the possible purchase of the company by Microsoft. But on Thursday, Microsoft has denied these rumors.
Shares
commodity companies have fallen in price by an average of 2%, energy - by 1,3%.
price of gold fell to a maximum of 2 months against a background of strengthening the dollar, the price of copper fell to a minimum for the month. The November WTI crude oil futures fell $ 3.06 - to $ 65,91 per barrel in trading on the NYMEX on Thursday.
cost
securities of the largest U.S. aluminum producer Alcoa fell by 4,5%. Freeport-McMoRan copper Gold Inc. lost 4.2% of capitalization. Stock quotes Metallurgical Company AK Steel have fallen by 7%.
Index Dow Jones Industrial Average on Thursday fell 41.11 points (0.42%) - up to 9,707.44 points.
Standard Poor s 500 lost 10.09 points per day (0,95%), amounting to 1,050.78 points.
value
Nasdaq Composite Index fell by 23.81 points (1.12%) - up to 2,107.61 points.
Cabinet did not wait for replenishment Non-residents in Ukraine have taken a wait ...
Market discount companies
The fall in stock markets of Asia on Friday due to additional share issue Nomura and statistic data from the U.S.
UN Security Council resolution could be the beginning of the tightening of sanctions against Iran and North Korea
Today is expected to decrease stock prices although the possibility of rebound in the second half of the trades is not excluded
Under great pressure on Friday may remain Russia's stock banks
If oil goes below $ 65 a barrel, the deep correction in Russia's stock market, likely will not avoid
If oil prices continue to decline, the current volatile Comma delimited on Russia's market in the coming days may be replaced by the correction
Friday is full of important macroeconomic statistics, and the quality of which will determine the closing levels for the domestic indices
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