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Indices in the U.S. rose on Tuesday on strong statistics, futures rise in price in environment

Aug 26th, 2009 | By admin | Category: Scenario and forecasts

U.S. stock indexes rose on Tuesday on positive statistic data, reports Bloomberg. Index futures rise in price in the U.S. on Wednesday to 8:34 Moscow time, the rise of quotations is 0,2-0,4%.

Stock Quotes retailers have jumped on the results of the auctions on the data of the first three months increasing consumer confidence in the U.S..

Confidence Index of Americans in the economy, calculated by the research organization Conference Board, rose in August for the first time in three months and reached 54.1 points compared with 47.4 points a month earlier. Analysts had expected a smaller increase of the indicator - up to 47.9 points.

price securities Macy s, the second-largest U.S. department store chain, rose by 3,5%, Bed Bath Beyond, selling household goods - by 4,2%.

Shares of construction companies have risen in price on Tuesday after the publication of data on the minimum in April 2008 decline in housing prices in the United States.

According to the index SP /Case-Shiller, falling housing values in the 20 largest U.S. cities in June amounted to 15,4% in annual terms, compared with 17% a month earlier. Analysts on average forecast a decrease of 16,4%.

growth in house prices compared to May amounted to 1,4%, becoming the highest in four years.

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securities Pulte Homes, the largest construction companies in the U.S., increased trade results in 3,5%, sub-index SP 500, in the calculation which includes the shares of this sector, rose by 3,2%.

Quotes securities of energy companies fell following the collapse of oil prices, was 3,1%.

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Denbury Resources fell 6.8%, which was the maximum decline among companies SP 500 index. UBS analysts downgraded to market oil and gas company to neutral from buy.

Obviously, there are questions about whether economic growth is sustainable, but the dynamics of the stock market anticipates the improvement of basic indicators - Jeffrey Koons said of Manning Napier Advisors Inc. - As long as we have seen that investors shifted a significant portion of funds shares, so the stock market still has potential for growth.

Index Dow Jones Industrial Average rose to a market closing on Tuesday at 30.01 points (0.32%) - up to 9,539.29 points.

Standard Poor s 500 rose to 2.43 points (0.24%), reaching 1028 points.

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Nasdaq Composite Index increased by 6.25 points (0.31%) - up to 2,024.23 points.

The immediate aim of growth of the futures on the euro-dollar - District 1.44-1.445, breakdown of support at 1.42 could lead to a decrease of 1.4
Most papers are under strong resistance, so the long-term inability to break them up can lead to a downward spiral
On Wednesday, Russia's stock market to face another volatile session
The growth of the futures on the RTS limit consolidation in the oil market
Today is expected figures for sales of durable goods and new homes in July in the U.S.
In the second echelon today will be allocated Mosenergosbyt that morning announced plans to pay dividends for the half of 0.0283 rubles per share
On Russia's market struggles excessive optimism and local overbought, the first factor while winning
Today, investors are unlikely to dare to make active buying in Russia market in anticipation of data on U.S. real estate market
On Wednesday, investors should pay attention to the large amount of important macroeconomic statistics

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