Indices Up On US Companies Data

Reports from the largest US companies that demonstrated good quarterly results, are pushing indices up. Due to this, optimism continues in the US stock market. The Dow Jones Industrial Average Index went up 0,4% to 16514,37 points, Standard & Poor's 500 increased by 0,41% to 1879,55 points, and the index of high-tech industries, Nasdaq went to a plus on 0,97% and hit 4161,46 points.

European stock markets also had a rather positive trading session. The British index, FTSE 100, grew by 0,85%, the French CAC 40 added 1,18%, and the German DAX went to a plus on 2,02%. The regional STXE 600 indicator increased, in turn, by 1,4% and was closed on the level of 337,03 points. This morning, indices are bargaining at the previous levels reached, and positive attitudes were also brought on by published macroeconomic data.

The index of business activity in the services sector of the Eurozone, according to the preliminary data, made 53,1 points in April, whilst analysts were only expecting an increase to the level of 52,4 points. The previous value was on the level of 52,2 points. The index of business activity in the industry sector of the Eurozone, according to the preliminary data, made 53,3 points in April, moving up from the level of 53,0 points, recorded last month. Analysts were expecting the level of 53,0 points only.

This morning, a lot of important macroeconomic statistical reports were published. Later, we are going to see statistics on sales of new houses in the American market. We would like you to note that it seems economists are rather optimistic, predicting an increase of the indicator in March to 0,451 million from 0,440 million the previous month. Also, the weekly data on the dynamics of stocks of oil is going to be presented late in the evening.