This Thursday, December 6, the stock market ended the auction. It is worth noting that the us stocks a moderate increase in may of trade negotiations between the US and China will reach a new level and economic position in the world stabiliziruemost.
Consider price movements in order:
The price for the shares of Nike (NYSE:NKE) rose 2.2%, which is due to the fact that Goldman Sachs raised the recommendation on the securities of the company.
Index Dow Jones Industrial Average increased 0.1 percent, showing the mark of 27677,79 points.
The index Standard & Poor's 500 for the last day increased by 0.15 percent, leaving the figures in 3117,43 points.
At the end of trading, the Nasdaq Composite increased by 0.05%, reaching 8570,7 points.
Securities Tiffany & Co. lost in the price of 0,13%W. The company has significantly reduced net profit, revenue and comparable sales also fell short of forecasts.
Shares of Dollar General have risen and stabilized at 1% - this was due to the fact that the annual forecast earnings per share were overstated by the American discounter.
The price of securities the Blackstone Group Inc. rose by 0.8%. The upward movement is due to the fact that the company plans to buy British iQ Student Accommodation Ltd., which
provides housing for students.
At the same time, the price of paper Kroger fell 3%, as the profits from the supermarket chain was much lower than expected.
But shares of the company, Slack Technologies Inc. rose by 4%, as after the presentation of the quarterly results was an improved annual forecast.
Further, we know that trade negotiations between China and the United States actively continues, despite the fact that the tension is greatly enhanced. The Chinese Ministry of Commerce commented on the fact that the diplomats of the two countries continue networking. After the representative of the Ministry of trade of China, Gao Feng personally expressed his opinion on the current situation, “if China and the United States reached agreement on the first stage of a trade transaction, it will have to include reduction of relevant duties”.
Latent citing informed sources, goes that Washington and Beijing are close to the end of the conclusion of the first phase of settlement of a trade dispute. All of this is happening despite the fact that Washington has hardened positions on the policy of Beijing in respect of Hong Kong and Xinjiang.
Loud statements of the President of the United States Donald trump that “the US has no deadline” only added fuel to the fire, however, in trade negotiations is not affected. Yesterday, December 5, was published data that indicated a decline of the US trade deficit in October to at least March 2018. While in September the figure was 51.1 billion USD, then in November it dropped to 47.2 billion USD.