Thursday, March 31, in the first half of the trading session U.S. stock market is showing slightly positive momentum in anticipation of tomorrow’s important data on the labor market.
Important macroeconomic statistics published today were the number of initial claims for unemployment benefits, which last week amounted to $ 276 thousand, while analysts predicted 265 thousand
In addition, the Chicago business activity index, which in March amounted to 53.6 points, while analysts expected an indicator at the level of 50 points.
19:05 Moscow time the index broad-market Standard & Poor’s 500 is trading higher by 0.17% to the level of 2067,57 points, the indicator of blue chips Dow Jones Industrial Average rising 0.19% to the level in 17750,58 points and the index high-tech industries Nasdaq Composite index increased 0.39% and is at elevation 4888,32 item.
Brent crude is rising by 1.25% to $40,55 per barrel. The price of gold increases by 0.33% and traded at $1235 per ounce. EUR/USD is trading in positive territory at 1,1388, adding 0.48 per cent.
In the composition of the index “blue chips” observed a mixed dynamics of quotations of shares in leaders of falling of Boeing, Johnson&Johnson, UnitedHealth Group, the leaders of growth – IBM, Walt Disney, American Express.
Stock quotes of the largest U.S. producer of microchips Micron Technology decreased 4.01% after it in the second fiscal quarter recorded a loss of $97 million compared with a profit of $934 million a year earlier.
Paper software developer Progress Software fall to 7,74%. Thus, the company reported that its revenue in the first fiscal quarter was $90,2 million, while analysts $93,1 million, respectively.
Shares of the world’s largest cruise operator, Carnival grow by 0.8% due to the fact that the analysts at Stifel raised its target price from $64 to $67.
The market capitalization of the pharmacist MediciNova decreases by 3.7% despite the fact that testing of its new drug are successful.
Stock quotes on Nasdaq stock exchange grow by 1.33 percent after it reported an increase in its quarterly dividend 28% to 32 cents a share.