American stock indices go up by 0.9%-1.7%

American stock indices go up by 0.9%-1.7%

On Wednesday, American stock indices concluded trading on the rise. They got to the maximum levels in nearly a month due to good reports from a number of large companies, as well as upbeat statistics, according to MarketWatch.

The Dow Jones Industrial Average index managed to gain from the beginning of this year (+ 0.3%). Additionally, Standard & Poor's 500 leapt 1.2%, while Nasdaq Composite acquired 5.5%.

All eleven industry groups of S&P 500 rose. The leaders of the surge were the high-tech and consumer sectors. It is expected that the growth in net income of companies whose shares are included in the calculation of this indicator amounted to an average of 17.3% in the first quarter, which is a record leap  from 2011, although it might partly be due to changes in tax legislation in America.

The number of houses, whose construction was started in the USA in March, increased by 1.9% compared to the previous month and amounted to 1.319 million in annual terms. Analysts surveyed by Dow Jones predicted a 1.6% rise in March.

The volume of industrial production in the US in March increased by 0.5% compared with the previous month, according to a report of the Federal Reserve System. The growth rate slowed by half, but surpassed market expectations.

Standard & Poor's 500 for the day went up by 1.07%, getting to 2706.39.

The value of Nasdaq Composite increased by 1.74% hitting 7281.1.

The Dow Jones Industrial Average on Tuesday increased by 0.87% ending up with 24786.63, which is the highest value since March 16.

The indices of the S&P 500 and Nasdaq concluded the trading day at record levels since March 21.

The share price of Netflix Inc. ascended by 9.2% on Tuesday (which is the biggest increase among companies from the S&P 500), concluding the day at a historic maximum.

 

Similar

American futures tack on

On Thursday, American equities jumped a bit due to the fact that market participants set aside fears over the everlasting trade conflict between China and America and turned their focus to economic data as well as earnings out later in the trading…

Latest news

Greenback edges down

On Tuesday, the evergreen buck dived because the common currency bounced off and the UK pound managed to ascend to the day’s maximums reacting to reports that British Prime Minister Theresa May is going to take control of Brexit talks…

Deposit with your local payment systems

Callback

A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Internal error. Please try again later

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera