U.S. stock indexes fell on Thursday, shares of financial companies fell against the background of banking initiatives of U.S. President Barack Obama, reported Bloomberg.
Index futures rise in price in the U.S. on Friday, raising their quotation was 0,07-0,11%.
President of the United States proposed to limit the size of financial institutions in the country and the volume of their trade, believing that these measures will limit the risks assumed by banks.
“Despite the fact that the financial system is now much stronger than a year ago, it still operates on the basis of those very rules that have led her to the brink of disaster” - Obama said in a statement distributed by the administration president.
measures proposed by the President of the United States, include, inter alia, the imposition of restrictions on the possibility of investing finkompaniyami, as well as restrictions on their size. In particular, if these proposals will be approved by Congress, banks that have investments of citizens will not be able to own a hedge fund and private investment, and their own operations in the market will be limited.
“Banks are under pressure, and at least two recent initiatives by politicians potentially impede their acquisition of the profits - said the manager Boston Advisors LLC in Boston, James Gol. - One of these initiatives is the proposal to introduce a special tax for banks benefit from the TARP, the second - the last sentence of Obama. ”
value of shares Bank of America dropped on the basis of trading on Thursday at 6,2%, Morgan Stanley - to 4,2%, Goldman Sachs - on 4,1%, JPMorgan - on 6,6%, Citigroup - 5 , 5%.
Meanwhile, quotations of securities of regional banks rose after the publication of a stronger than expected, financial reporting KeyCorp and Fifth Third Bancorp. The losses of banks in the fourth quarter of 2009 were less significant than predicted by experts.
Fifth Third shares went up by 6,3%, KeyCorp - on 5,5%, Regions Financial Corp. - By 1,9%.
Papers commodity companies have fallen in price on Thursday, following the collapse of oil prices, copper, aluminum and gold. Cost Alcoa shares fell to 6,4%, Newmont Mining - on 4,2%, Freeport-McMoRan Copper Gold - at 8.7%.
negative impact on the stock market had also evidence of an unexpected increase in the number of applications for unemployment benefits in the United States to the maximum level for two months. The number of Americans who first applied for unemployment insurance rose last week to 36 thousand - up to 482 thousand, the data showed U.S. Dc9cepartment of Labor. Analysts expected the reduction in the number of calls to 440 thousand
Index Dow Jones Industrial Average fell to the closure of the market on Thursday at 213.27 points (2.01%) - up to 10,389.88.
Standard Poor “s 500 dropped to 21.56 points (1.89%), amounting to 1,116.48.
value
Nasdaq Composite Index declined by 25.55 points (1.12%) - to 2265,7.
Railways have sent 33 million rubles for the introduction of additional electricity capacity of the Krasnoyarsk Railways
Gazprom is losing customers in the domestic market
Markets are beginning to bubble
policy of cheap money may again overheat the world economy …
Forex - Asia
Stock Indexes in Asia fell 5 th session in a row
Cheaper dollar, the yen has risen in price against the euro to 9-month high
European stocks fell on Thursday on 1,6-1,8%, cheaper stocks of commodity companies
By noon, the RTS index fell below 1500 points, the further the dynamics of trading on the market of Russia will be determined by the situation on the raw areas
Recommendations on the shares of Gazprom, Transneft, VTB, futures on oil and natural gas
Indices in the U.S. fell on Thursday on the banks shares, futures rise on Friday
U.S. stock indexes fell on Thursday, shares of financial companies fell against the background of banking initiatives of U.S. President Barack Obama, reported Bloomberg.
Index futures rise in price in the U.S. on Friday, raising their quotation was 0,07-0,11%.
President of the United States proposed to limit the size of financial institutions in the country and the volume of their trade, believing that these measures will limit the risks assumed by banks.
“Despite the fact that the financial system is now much stronger than a year ago, it still operates on the basis of those very rules that have led her to the brink of disaster” - Obama said in a statement distributed by the administration president.
measures proposed by the President of the United States, include, inter alia, the imposition of restrictions on the possibility of investing finkompaniyami, as well as restrictions on their size. In particular, if these proposals will be approved by Congress, banks that have investments of citizens will not be able to own a hedge fund and private investment, and their own operations in the market will be limited.
“Banks are under pressure, and at least two recent initiatives by politicians potentially impede their acquisition of the profits - said the manager Boston Advisors LLC in Boston, James Gol. - One of these initiatives is the proposal to introduce a special tax for banks benefit from the TARP, the second - the last sentence of Obama. ”
value of shares Bank of America dropped on the basis of trading on Thursday at 6,2%, Morgan Stanley - to 4,2%, Goldman Sachs - on 4,1%, JPMorgan - on 6,6%, Citigroup - 5 , 5%.
Meanwhile, quotations of securities of regional banks rose after the publication of a stronger than expected, financial reporting KeyCorp and Fifth Third Bancorp. The losses of banks in the fourth quarter of 2009 were less significant than predicted by experts.
Fifth Third shares went up by 6,3%, KeyCorp - on 5,5%, Regions Financial Corp. - By 1,9%.
Papers commodity companies have fallen in price on Thursday, following the collapse of oil prices, copper, aluminum and gold. Cost Alcoa shares fell to 6,4%, Newmont Mining - on 4,2%, Freeport-McMoRan Copper Gold - at 8.7%.
negative impact on the stock market had also evidence of an unexpected increase in the number of applications for unemployment benefits in the United States to the maximum level for two months. The number of Americans who first applied for unemployment insurance rose last week to 36 thousand - up to 482 thousand, the data showed U.S. Dc9cepartment of Labor. Analysts expected the reduction in the number of calls to 440 thousand
Index Dow Jones Industrial Average fell to the closure of the market on Thursday at 213.27 points (2.01%) - up to 10,389.88.
Standard Poor “s 500 dropped to 21.56 points (1.89%), amounting to 1,116.48.
value
Nasdaq Composite Index declined by 25.55 points (1.12%) - to 2265,7.
Railways have sent 33 million rubles for the introduction of additional electricity capacity of the Krasnoyarsk Railways
Gazprom is losing customers in the domestic market
Markets are beginning to bubble
policy of cheap money may again overheat the world economy …
Forex - Asia
Stock Indexes in Asia fell 5 th session in a row
Cheaper dollar, the yen has risen in price against the euro to 9-month high
European stocks fell on Thursday on 1,6-1,8%, cheaper stocks of commodity companies
By noon, the RTS index fell below 1500 points, the further the dynamics of trading on the market of Russia will be determined by the situation on the raw areas
Recommendations on the shares of Gazprom, Transneft, VTB, futures on oil and natural gas