Wednesday, February 22, 2017

Energy stocks helped Wall Street

Energy stocks helped Wall Street to rise even higher

technology companies
and energy sectors showed yesterday
good reports on profits and raised
US stocks are up, and stock indices
It reached a record high in July of this year. The three major stock index
US thus continued a positive start of trading November
against the publication of the best monthly
the results of four years. Nasdaq 100 index
closed by growth of 0.3%, exceeding the mark,
reached during the dot-com boom in 2000
year.


energy sector
S P rose to 2.5%, it is the fifth consecutive day
thanks to - strong growth
strengthening of oil prices. shares of major
Exxon and Chevron oil companies have increased in
Tuesday at 1.8% and 3.3% respectively. "People
looking for weakening the names in different industries,
which represent any value,
to invest in them - says Robert
Pavlik, market strategist at
Boston Private Wealth in New York. - By the end of the year
the market starts to move up, and the people
fear of being left behind train".


By the closing bell yesterday
Dow Jones index rose by
0,5%, S P 500 - to 0,27%, Nasdaq Composite - 0.35%. Six out of ten industry
group S P ended the day in positive territory, including
including the technology sector has grown (in
0.6%). Shares of Apple rose by 1,1%, Microsoft - at
1.7%, both companies have a positive
impact on S P and Nasdaq.


Shares of Activision Blizzard increased
by 3.6% and were sixth largest gain
in the Nasdaq - the company said it wants to
buy products "Candy Crush" King
Digital for $ 5.9 billion. Shares of the last
soared by 14.9%. insurer AIG paper
They fell by 4.4% because of its quarterly
profit was much lower than expected.
Archer Daniels Midland shares fell by 6.8%, because
that the company has not announced details of
arrived. Altria fell by 4.4% after reduction
its rating.


However, reports in the US
yesterday came out not the most positive. For example,
the volume of industrial orders in the US for
September decreased by 1%, while analysts
We expected to see a figure of -0.9%.


This week investors
still waiting for reports from major corporations
- Time Warner, Allergan, Facebook.



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