Major US stock indices showed mixed dynamics, as optimism about solid corporate revenues was partially offset by a sharp strengthening of the US dollar after statements by US President Trump.
The focus was also on the United States. As it became known today, the number of Americans applying for new unemployment benefits rose last week, partially replacing the sharp decline in the previous week and continuing the trend of a gradual increase in applications. Primary claims for unemployment benefits increased by 17,000 to 233,000, seasonally adjusted for the week to January 20. Economists were expecting 240,000 applications.
At the same time, sales of new single-family homes in the US fell more than expected in December, recording the largest decline in almost 1.5 years, probably as a result of the disappearance of the effect of replacing houses damaged by floods in the southern states, destroyed by hurricanes . The Ministry of Commerce reported that sales of new homes fell 9.3% to 725,000 units, taking into account seasonal fluctuations last month. The reduction percentage was the highest since August 2016. The November sales were revised to 689,000 units, which is still the strongest indicator since July 2007, from the previously reported 733,000 units. Economists predicted that sales of new homes would fall by 7.9% to 679,000 units last month.
Most components of the DOW index finished the session in positive territory (17 out of 30). The leader of growth was the shares of The Boeing Company (BA, + 2.48%). Outsider were the shares of Apple Inc. (AAPL, -1.88%).
Most sectors of the S & P recorded a rise. The utilities sector grew most (+ 1.1%). The largest decline was registered in the consumer goods sector (-0.9%).
DJIA + 0.54% 26,392.79 +140.67
Nasdaq -0.05% 7,411.16 -3.90
S & P + 0.06% 2,839.25 +1.71
Risk Warning: Trading Forex and CFDs on margin carries a high level of risk and may not be suitable for all investors. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75.42% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Prior to trading, you should take into consideration your level of experience and financial situation. TeleTrade strives to provide you with all the necessary information and protective measures, but, if the risks seem still unclear to you, please seek independent advice.
© 2011-2021 Teletrade-DJ International Consulting Ltd
Teletrade-DJ International Consulting Ltd is registered as a Cyprus Investment Firm (CIF) under registration number HE272810 and is licensed by the Cyprus Securities and Exchange Commission (CySEC) under license number 158/11.
The company operates in accordance with Markets in Financial Instruments Directive (MiFID).
The content on this website is for information purposes only. All the services and information provided have been obtained from sources deemed to be reliable. Telerade-DJ International Consulting Ltd ("TeleTrade") and/or any third-party information providers provide the services and information without warranty of any kind. By using this information and services you agree that under no circumstances shall TeleTrade have any liability to any person or entity for any loss or damage in whole or part caused by reliance on such information and services.
TeleTrade cooperates exclusively with regulated financial institutions for the safekeeping of clients' funds. Please see the entire list of banks and payment service providers entrusted with the handling of clients' funds.
Telerade-DJ International Consulting Ltd currently provides its services on a cross-border basis, within EEA states (except Belgium) under the MiFID passporting regime, and in selected 3rd countries. TeleTrade does not provide its services to residents or nationals of the USA.