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Major US stock indexes fell slightly on Tuesday after two sessions of gains after data showed that the US trade deficit rose in March, suggesting that economic growth fell in the first quarter. Thus, the trade deficit grew by 43.1% to a seasonally adjusted amounted to $ 51.37 billion. In March, said on Tuesday the Ministry of Commerce. It was the largest monthly expansion of the trade deficit in December 1996 and the strongest largest deficit value since October 2008. Economists had forecast that the trade deficit will reach 40.3 billion. Dollars in March.
In addition, it became known that the index of business activity in April in the US service sector, calculated by the Institute for Supply Management (ISM), improved, reaching 57.8 at the same level compared to the March reading at the level of 56.5. According to experts, the value of this indicator was to remain at the level of 56.5. Recall index is the result of a survey of about 400 companies from 60 sectors across the United States, including agriculture, mining, construction, transport sector, communications, wholesale and retail companies.
However, in April, the index of business activity in the US service sector, calculated by the Institute for Supply Management (ISM), improved, reaching 57.8 at the same level compared to the March reading at the level of 56.5. According to experts, the value of this indicator was to remain at the level of 56.5.
Almost all components of the index DOW closed in the red (29 of 30). Outsider shares were Intel Corporation (INTC, -2.30%). Shares rose only Visa Inc. (V, + 0.67%).
All sectors of the index S & P closed in the negative zone. Outsiders were utilities sector (-2.0%). The smallest decline recorded conglomerates sector (-0.4%).
At the close:
Dow -0.79% 17,928.20 -142.20
Nasdaq -1.55% 4,939.33 -77.60
S & P -1.18% 2,089.46 -25.03
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