U.S. stock indicators at the end of yesterday’s trading was mixed, despite a record drop in the U.S. economy.
the Dow Jones Industrial Average lost 0.85% and closed at 26313,65 points. The value of the index of wide market S&P 500 declined by 0.38% to 3246,22 points. The index of technology companies NASDAQ rose by 0.43% to 10587,81 points, according to “Finam”.
Yesterday, the U.S. Department of Commerce released preliminary data showing that GDP fell in the second quarter by 32.9% yoy, which was the record for the entire history of observations, notes PRIME.
Leading stock indicators of countries in Western Europe have completed yesterday’s trading in the red. The British FTSE 100 declined by 2.26% to 5992,9 points, French CAC 40 — by 2.13% to 4852,94 points, the German DAX down 3.45% to 12379,65 item.
the Russian stock market closed in red zone. Ruble Mosberg index fell by 1.23% to 2882,63 points, while dollar-denominated RTS index — by 2.66% to 1232,35 item.
it says the IAC senior analyst “Alpari” Anna Bodrova, “the domestic stock market on Thursday were sales that could be natural — indices climbed too high”. “But at the same time noticeably deteriorated external background, and in the kit it gave a powerful bearish signal,” says the review expert.
At the same time the chief analyst of PSB Bogdan Zvarich says that “negative sentiment in the Russian papers supported the dynamics of the energy market, where the nearest futures for oil of mark Brent has lost about 3%, retreating below of 42.5 dollars per barrel.”
overall, total analyst IK “VELES the Capital” Elena Kozhuhova, “sentiment on foreign stock markets on Thursday was leaning towards pessimistic”. “Hots and expected, but still weak, GDP of Germany and the United States for the second quarter did the trick, somewhat shaking the position of the “bulls”. On Friday GDP data will also present in the Eurozone. The end of the week will be rich in macroeconomic data from China (PMI indices), Europe (retail sales of Germany) and the US (consumer income and spending, consumer confidence), which creates risks of continuation of correctional sales on Friday”, — the expert adds.