United States: Statistics pushes markets up

On Thursday, June 18, the major stock indices of the United States of America against the background of the publication is optimistic statistical data showed that recession in the country may have reached its bottom, finished the day with a positive result.

published statistics showed the first decline since January the number of current applications for unemployment benefits at 148 thousand to 6.69 million, while the number of initial applications has increased to 608 thousand index of leading indicators rose in May to 1.2% projected by analysts to value 0.9%. Indicator of industrial production of Philadelphia fell to a minimum for the last 9 months size.

At the end of the trading barometer blue chips Dow rose 0.69% to the value 8 555.6 points, while the more wide SP 500 index strengthened to 0.84% and reached 918.37 points. The rate is fairly high-tech companies Nasdaq stock reduced to 0.019% to 1 807.72 points.

shares of the Bank Bank of America jumped to 4.9% to $ 12.90, its rival JPMorgan Chase soared 4.4% to $ 34.15 on the background of expectations of the imminent end of a recession.

Quotations

company engaged in lending to students, SLM became heavier at 5.5% to $ 8.11. SLM together with three other companies won contracts to service $ 550 billion of loans owned by the U.S. Department of Education.

paper company engaged in issuing credit cards, Discover Financial Services went up by 4% to $ 9.27 after reporting an increase in profits in the second quarter, as well as a smaller than expected increase in credit losses.

Stocks General Electric rolled down on 1,5% to $ 11.97. One national newspaper reported that Obama plans to increase the powers of the Fed in the control of the banks might be for very painful.

Quotations for the construction equipment manufacturer Caterpillar lost 2.1% and finished the day at $ 34.08 against the backdrop of allegations of falling sales, sold through retail dealers in North America in May compared to same period last year by 57%.

shares of high-tech sector, in contrast to the main market dynamics, finished the day with the weakening due to declining ratings manufacturers flash-memory cards SanDisk analysts Needham Co to a level worse than the market. Quotations SanDisk collapsed at 6.1% to $ 14.13.

Papers Oracle went up by 1.6% to $ 20.25 after Morgan Stanley upgraded experts forecast the cost of the shares at 30% to $ 26, highlighting the recent release of the new software, as well as closing the deal Sun Microsystems.

oil futures with delivery in July at the end of auction added to the cost of 34 cents and closed at around $ 71.37 a barrel. Contracts for gold on COMEX electronic trading to the supply in August cheaper at $ 1.4 and finished the day at around $ 934.6 per troy ounce. Yield 10-year Treasury bond rose from 3.69% to 3.83%.

On the foreign exchange auction

dollar weakened against the euro and strengthened against the Japanese yen.

Analysis - Results of the day
How to exchange deposits in the problem bank for the plot
IMF mission could razdumat come to Kiev, and worsen the prognosis of GDP
Forex on the European session
Good morning! Information Group Finam.ru and Investment Company FINAM welcome you to their site, and wish you good day!
Estimated range of trades on Thursday on a pair of Euro /dollar 1.3820 - 1.4000
In Russia, up to 2% of borrowers to restructure mortgage loans
Israel changed to introduce a visa-free regime with Ukraine
Labeling of products with GMO postponed

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