U.S. Stock indices rose on Monday after shares neftekompany
Jun 30th, 2009 | By admin | Category: Scenario and forecastsU.S. stock indexes rose on Monday after the stock of oil companies, reports Bloomberg. U.S. futures indices desheveyut Tuesday, 8:26 PM EDT to decrease their quotations of 0,02-0,05%.
support the market also have expectations of what the pace of the economic downturn will continue to decline.
This week will be very busy in terms of economic statistics - points OakBrook Investments manager Peter Yankovskis. - The market optimistically awaits release of the data.
Unemployment in the United States, according to the experts, grew in June, lowest rate since November 2008. As expected, this figure rose to 0.2 percentage points - up to 9,6%, maximum of 26 years. Promulgated by the U.S. Department of Labor data on unemployment, on Thursday at 16:30 Moscow time.
In addition, this week will be added value for purchasing managers index of Chicago (Chicago Purchasing Manager) for the month of June. This figure, according to the experts, show a minimum of ten months of weakening industrial activity in the country.
Some investors assume that statdannye that we see, can justify predictions or even surpass them, - said Governor of Thrivent Financial for Lutherans, David Hyupel. - When we get the data showing that the situation becomes less negative, some of the money again comes to the market.
The value of securities
ExxonMobil Corp. increased as a result of trades at 2.2% - to $ 70,58, Chevron - at 1.4%, to $ 66.88. Oil went up on Monday at 3,4% - to $ 71.49 a barrel.
Shares Teppco Partners LP, the U.S. pipeline operator, rose in price by 5% - to $ 30.12. Another representative of this field - Enterprise Products Partners LP - has announced the purchase of Teppco for $ 3.3 billion Both companies are owned by billionaire Denu Duncan, and their merger to become the biggest energy partnership in the United States. The value of each share Teppco in the transaction will be $ 31.36, which is 9.3% higher than their closing price of the auction on Friday.
Paper Microsoft went up by 2.2% - to $ 23.86. Deutsche Bank analysts have raised forecasts for the price of the shares of the world's largest software manufacturer to $ 30 from $ 22.
Price Ford Motor shares jumped 3% - to $ 5.78. According to the company, reducing its sales in June will be minimal among the automobile manufacturers.
indicator of market volatility VIX, estimating the expected fluctuations in SP 500 over the next 30 days, dropped on Monday to 2.2% - up to 25.35 points. This is lower than the day preceding the bankruptcy of Lehman Brothers.
Index Dow Jones Industrial Average rose to a closing of the market at 90.99 points (1.08%) - up to 8529.38 points.
Standard Poor s 500 rose 8.33 points (0.91%), reaching 927.23 points.
Nasdaq Composite index rose by 5.84 points (0.32%) - up to 1,844.06 point.
Russian auction held in the Green Zone, the MICEX index broke 1,000 points mark
Recommendations for futures on RTS index on Tuesday
The immediate objective of reducing futures on RTS index is located in the vicinity of 95 500-96 000 points
Better the market today can watch the action Lukoil, Surgutneftegaz and Severstal
For more volatility today's trading will provide a factor of the end of the quarter and expect to United States
Saves long-term positive view on equities Fortum
Today the Russian market record a positive change in the indices
In the course of the trading day of Russian influence a number of European macro-economic reports
The risks of recurrence of correction on the Russian stock market in the short-term stored
