Stock trades in the U.S. closed in Tuesday, 31 August 2010. Predominantly growth of leading indexes. On the last day of summer effect on the auction provided statistical data on the U.S. economy. Thus, even before the opening exchanges came on the statistics of an index of house prices S & P / Case-Shiller. In June of 2010. it grew by 0,3% compared to May of this year, which exceeded forecasts of experts who had expected recovery rate on 0,2%.
In addition, shortly after trading began Managers Association of Chicago reported a fall in August 2010. business activity index (PMI) in the U.S. to 56.7 points from 62.3 points in the previous month. Investors embraced the news without much optimism, although PMI and was above forecasts of analysts who had expected its value at level 56 items. Also the day before the report came out research organization Conference Board of the growth index of consumer confidence in the U.S. in August 2010. up 53.5 points compared with 51 points in July (Forecast - 51 points).
Statistics positively affected the dynamics of quotations of leading U.S. banks. Securities of the largest in the U.S. Bank of America Corp. went up by 1.14% and the corporation Citigroup Inc. - On 1,06%. In the "plus" also shares closed banks: Wells Fargo & Co. and Goldman Sachs Group - on 1,29% and 0,2% respectively, while Morgan Stanley and JP Morgan Chase & Co. - On 1,06% and 1,42%.
Against the background of the publication of index S & P / Case-Shiller securities to go up a number of American developers. Yet, according to experts, published statistics show that the housing market countries are not yet fully recovered from the crisis, but some steps have already been made and after two or three years we can expect the final victory over a recession. Quotes of the largest U.S. home builders luxury company Toll Brothers Inc. The outcome of the rose by 1,33%. Shares other industry representatives have completed trades are not so sure: Paper developer Lennar Corp. went up slightly - by 0.15%, shares of the largest U.S. retailer of goods for home improvement Home Depot - on 0,24%.
Strengthened their position in the market securities miners due to the increase in gold prices. Quotes mededobyvayuschey company Freeport-McMoRan Copper & Gold Inc. on the basis of trades increased by 2,32% and the largest U.S. steel companies US Steel Corp. and AK Steel Holding Corp. - On 1,38% and 1,11%. The green sector ended session for the gold mining: shares Newmont Mining Corp. and Barrick Gold Corp. went up by 2,34% and 1,5%.
Meanwhile, less successfully concluded the last trading session of the summer for the world's largest seed producer Monsanto Co. Quotes of the company fell 5.8% after Monsanto executives said on a possible deterioration in their financial performance on the basis of the current fiscal year compared to previously projected levels.
As a result of trading on August 31 the Dow Jones index rose by 4.99 points (0.05%) - up to 10,014.72 points, S & P rose 0.41 points (0.04%) - up to 1,049.33 points, and NASDAQ fell 5.94 points (-0.28%) - up to 2,114.03 points.
