Tag Archives: S&P 500

Wall Street indexes slightly increased

Wall StreetWall Street indexes finished the session without single direction, as Dow Jones rose with 0.13% to 16,983 points, S&P 500 added 0.03% to 1, 979 points and Nasdaq lost 0.1% to 4,445 points.
The strong growth in today’s session marked the shares of utilities – an average of 1.46%. Follow telecoms with an increase of 0.46%. At the other extreme are companies from the construction sector, as a sector sub-index fell 0.5%. The gold futures for delivery in August remained unchanged in today’s session on the stock exchange in New York amid geopolitical risks. The price per ounce was 1,303.3 USD.
The experts explained that the price changes are minimal because of pent-up demand in China and India – the leading markets of the precious metal in the world.

Market expects 8% growth of S&P 500 in 2014

Indexes USANearing the end of 2013 – the year which was really impressive to investors. So far, stock indexes, especially those in more developed markets, offers more than well. Remains few weeks, but now the situation looks like this: Topix is up by 44%, S&P 500 increased by about 25%, while European shares measured by the Stoxx 600 rose 11%. In more general terms, MSCI World Index rose by 19%.
The year 2013 is the best of the last 15 years for US equity markets, with the greatest force this applies to S&P 500. The main question is – what can we expect next year?
Among the 20 surveyed leading experts most optimistic set of these Morgan Stanley. According to them, S&P 500 will go above the level of 2000 points in the next calendar year. In fact, they expect that in 2014 it will reach exactly 2014 points, an increase of 13%. The most conservative estimate does comes from Stifel Nicolaus, who expect a decrease. Currently, the index is at around 1775 points, and the company predicts that next year it will fall further to a level of 1750 points.

S&P 500 held above 1700 points

USA Wall StreetThe index S&P 500 managed to hold at a record high of over 1,700 points after came a series of positive data for the manufacturing sector in China and the Eurozone, leading central banks have pledged to maintain stimulus for the economy. At the end of the session on Wall Street Dow Jones rose by 0.83% to 15,628 points, S & P 500 added 1.26 percent to 1,707 points, while the Nasdaq rose 1.37% to 3676 points. All 10 industry groups in the composition of the S & P 500 ended the session with gains. The shares of Procter & Gamble Co. rose after the company’s financial results exceeded expectations.
Market valuation of DreamWorks added over 8 percent also infect better financial results, while that of Exxon Mobil Corp. fell after the company’s profit did not meet analysts’ expectations. With an impressive 26% gainers on Yelp, after the company announced that sales in the second quarter jumped 69% to 55 million USD in estimated 53.3 million USD. The European and British central banks kept the level of key interest rates. Later, ECB President Mario Draghi confirmed that the bank will keep the monetary policy “for an extended period of time” as the economy strengthened. Yesterday, the Fed also committed to continue with economic incentives, while not noticing sustainable recovery and visible improvement in the labor market. According to the US Central Bank is at risk too low inflation hinder recovery

Wall Street closed with slight increases

Wall Street indexThe US stocks closed with slight increases sluggish session at the start of the week amid mixed earnings reports and weaker than expected sales of existing homes. The index of 30 leading US companies Dow Jones is practically unchanged at a level of 15,546 points, the broader S&P 500 rose 0.2% to 1,696 points, while the technology-oriented Nasdaq rose 0.4% to 3 600 points.
“By next week there will be news from the Fed and the market will be driven by the season of the reports and news from Congress. Enduring auctions market can maintain current levels. To go up, you will need a good foundation”, said Brian Battle, vice president of trading at Performance Trust Capital Partners.
The gold reached a peak of nearly one year, breaking key resistance level of 1,322 USD per ounce, after concerns that the Federal Reserve will reduce monetary stimulus fade. The shares of gold mining companies rose, led by Kinross Gold, Yamana and Iamgold. The shares of the components of the Dow Jones McDonald’s fell 2.7% after the fast-food chain reported earnings and revenue disappointed after weak sales in Europe and Asia.

Wall Street started the week with increases

Deal wall streetThe US stocks ended the first session with increases for the week as investors weighed weaker than expected economic data against potentially easing by the Federal Reserve.
“There are many signs of an economic slowdown, but do not know how this has affected the markets, since the actions of the Fed distorts everything”, said Joe Saluzzo from Themis Trading. “The investors need to be careful – a recovery in the market is not based on a solid foundation”. The index of 30 leading U.S. companies Dow Jones Industrial Average (DJIA) rose 0.9% to 15,253 points. S&P 500 rose 0.6% to 1,640 points, while the NASDAQ climbed 0.3% to 3,465 points.
The economic news of the day showed that manufacturing activity in the country unexpectedly shrank to 49 points in May, this is the first drop of 6 months after new orders fell, and demand for exported goods was less, according to the compilation by the Institute for Supply Management’s index. The expectations were for keeping the reported 50.7 points in April. The construction spending in April rose by 0.4% year on year by 861 billion dollars, said the U.S. Department of Commerce. Preliminary estimates, however, were for growth of 0.8%.

Wall Street started the week with small decreases

WallStreet indexesThe US stocks started the week with small decreases after the session reached new highs and amid fears that the Federal Reserve may reduce its program of buying bonds. The index of 30 representative U.S. companies Dow Jones Industrial Average lost 0.1% to 15,336 points. With so also decreased the index of the large companies S&P 500 (up to 1666 points) and technology-oriented Nasdaq (up to 3496 points). The broad Russell 2000 index surpassed 1,000 points for the first time in its history, nearly four months after it passed 900 points.
With no major economic news of the day investors focused on whether and when the Fed will start to decrease purchases of bonds. Topic caused a sensation last week after comments by John Williams and Charles Plosar – two of the leaders of the Fed who are against ultra expansionary monetary policy.
The investors will closely follow the report of the Head of the Federal Reserve Ben Bernanke before the Senate committee on Wednesday that can illuminate the central bank plans the program for the purchase of bonds. Earlier in the day the head of the branch of the Dallas Fed’s Richard Fisher, who is also a longtime opponent of bond purchases, said that the Fed’s program has supported the shares, but it is unclear whether it has done enough for the economy.
Yahoo shares rose 0.2% after the Internet company announced it would acquire Tumblr blog for 1.1 billion USD in cash. The deal is the largest purchase among social sites as Facebook Instagram bought last year for 1 billion USD.

US indexes are near 5-years high

NYSE indexesThe US indexes retreated slightly on Monday due unconvincing performance of energy companies and chains of retail sales. The S&P 500 lost 0.06% to 1517 points after eight of the 10 industry groups in the index ended the session in the red. Last week, the index rose 0.3 percent, indicating growth for the sixth consecutive week. The Dow Jones Industrial Average divided by 0.16% to 13,971 points. With the strong decline among blue chips ended the session retail chain Home Depot Inc, while the best performance noted pharmaceutical giant Pfizer Inc. Nasdaq Composite fell 0.06 percent to 3,192 points.
The US indexes are near five-year high and it raises the possibility that markets enter bear phase, say analysts.
“There is no news and the markets are on pause”, said Mark Lucia, chief investment strategist at Janney Montgomery Scott. The Goldman Sachs warned of global stock markets in the short term, having lowered its outlook to neutral for the next three months. Most of the Asian markets were closed for the holidays around the eastern new year and with it dropped another market catalyst, said Dan Griynhaus, global strategist at BTIG. The data for retail consumption on Wednesday will probably have a sensitive effect on the shares predicted Steven Englander by Citi. The only other catalyst for the next day’s annual speech State of the Union, which President Barack Obama will deliver Tuesday evening.

New fears for Europe dimmed the mood on the Wall Street

Wall StreetWith minimal declines in the indexes kept trading on Wall Street. Less than an hour after the start of the session Dow Jones fell by 0.10% to 13,061 points, S&P 500 yielded 0.04% to 1398 points and the Nasdaq fell 0.06% to 3066 points. The resurgent fears of investors in the Eurozone and its ability to cope with the debt crisis. The reason – the yield on Spanish bonds, which reached their highest levels since the European Central Bank (ECB) dropped the first three years of cheap credit to community banks, currency. The yield on 10-year bonds of Spain reached 5.81 percent, which is the highest level since December 12th, 2011. To increase profitability and Italian bonds, for which again sparked suspicions that the effect of the actions of the ECB fade. Today we held a peaceful auction of French debt, but market participants are still tense because less successful auction of Spanish bonds yesterday. The good data on the labor market in the U.S. But so far do not allow a deeper decline in New York. The labor ministry announced that applications for unemployment benefits fell by 6 thousand to 357 thousand in the last week, their level remains at 4-year low, and they continue to reduce long-term unemployed in the United States.