Indexes of U.S. stock market Thursday little changed
U.S. stock indexes finished trading on Thursday with minor changes, investors evaluated the statistical data and reporting of large companies.
As it became known on Thursday, number of houses, construction of which began in the U.S. in January, down 2.6% from the previous month and amounted to 1,246 million in terms of annual growth. Data for December last year was revised up from 1,226 million 1,279 million homes. Analysts on wall street had forecast the index with a previously specified level of 0.3% – to 1.23 million homes.
The number of initial claims for unemployment benefits last week increased by 5 thousand, reaching 239 thousand Analysts on average had expected a rate increase; on 8 thousand
In addition, the index of business activity in district Philadelphia soared in February to a record from 1984 43,4 points from 23.6 points in January, according to the Federal reserve Bank (FRB) of Philadelphia . Analysts surveyed by MarketWatch on average expected its decline to 20 points.
The stock price of the largest oil companies ExxonMobil and Chevron fell by 1% and 1.7%, respectively. Oil prices finish the week down for the first time in more than a month on the concerns raised to a record high fuel inventories in the United States.
Quotations of papers of the manufacturer of telecommunication equipment Cisco Systems Inc. grew by 2.4%, thanks to strong statements for the last quarter.
Securities network operator of fast food restaurants Wendy’s fell 4.5% as the company reported lower profit and revenue in the fourth quarter.
Shares of food producer Dean Foods dropped in price by 8.1%. The adjusted profit of the company in the fourth quarter of last year was 38 cents a share, while analysts polled by FactSet had expected this figure at 41 cents. Revenue was unchanged at $2.02 billion, in line with market forecasts.
The price of securities Time Warner Inc., which owns the eponymous movie Studio and TV channels TNT, HBO and CNN, rose 1.1 percent after its shareholders approved the proposal of the Telecom operator AT&T Inc. the merger for $85.4 billion
Capitalization of casino operator MGM Resorts International fell by 9.3%. The company has entered to a profitable level in October-December after a loss in the same period of the previous year, but the figure fell short of forecasts.
Stock quotes of the oil company Duke Energy grew by 2.8%. The company received a net loss last quarter of $227 million compared with a profit of $477 million for the same period in 2015, however the figure was in line with expectations.
The Dow Jones Industrial Average February 16 rose by 7.91 points (0.04 percent) and amounted to 20619,77 points.
Standard & Poor’s 500 lost 2.03 points (0,09%) – to 2347,22 points.
The Nasdaq Composite index lost 4.54 points (0.08 percent) and amounted to 5814,9 points.