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Home Economics

U.S. stock market updates highs

by Daniel Brown
2014/03/05
in Economics, HOME
Reading Time: 2 mins read
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In the analytical department of the company TeleTrade note that during the bidding Tuesday major U.S. stock indexes showed significant growth. In this sharp drop , which was celebrated on Monday, significantly offset . During the trade became a catalyst for growth slowdown tension formed around the crisis in Ukraine after the completion information and return to the teachings of locations of several units of the Armed Forces of Russia . It is worth noting that today there are no macroeconomic news from the United States .

Regarding the news from Europe , is as follows : that the unemployment rate in Spain has dropped significantly. Thus, according to the latest Ministry of Labor in Spain it became known that the results of last month, the number of registered jobseekers in Spain decreased compared with January . This positive change is another sign that the labor market in the fourth largest economy of the Eurozone begins to show recovery. In this case , based on the report , the number of people applying for unemployment benefits showed a decline from January 1949 , while reaching the level of 4.800 million people.

Also pay attention to the fundamentals of France. So French producer prices fell in January. First of all, it was due to the drop in prices for refined petroleum products , electricity and gas . The prices of industrial products for the French market declined by 0.6 % during the month, followed by the growth of producer prices by 0.1%.

Analysts of TeleTrade note that during all the components of trading Tuesday the Dow Jones traded in positive territory . Leading the company’s shares are Walt Disney Co. (DIS), which grew by 2.92% . In addition, all sectors of the S & P also show a positive trend . The most significant growth showed the sector conglomerates , which added 2.5 % to the price .

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