U.S. stock market took a breather on Tuesday after 6 sessions of continuous growth: SP 500 index and Dow Jones declined on the basis of bidding, the leaders of the fall were shares of banks and insurance companies, reported Bloomberg.
Nasdaq rose slightly, as the purchase of Starent Networks Corp company Cisco Systems Inc. contributed to the rise in price of shares of high-tech enterprises.
Futures on Wednesday, however, uvelichiivayutsya: December contract on the Standard Poor s 500 by 8:49 added 0,93%, for Dow Jones Industrial Average - 0,83%.
bank's shares have fallen in price after the analyst Meredith Whitney lowered her rating of Goldman Sachs Group Inc. The fall of the value of insurers' securities was due to the continuing congressional consideration of health reform.
Share Price Goldman Sachs fell 1.5%. M. Whitney lowered the rating of securities Goldman Sachs to neutral from buy, resulting in a paper bank, slid 2.1%. She also noted that it has become much less optimistic with regard to banking stocks and recommends investors to capture profits after these securities have risen in price more than doubled since March.
Shares
JPMorgan Chase Co. lost in the price of 0,9%, Wells Fargo - 0,7%.
Quotations securities largest U.S. bank by assets Bank of America Corp. decreased by 1.2% because the company failed to convince the court in Delaware to leave without addressing the shareholder lawsuit challenging the validity of the payment bank with $ 33 billion takeover Merrill Lynch Co. in January.
Cost
securities insurers UnitedHealth Group Inc. and Aetna Inc. fallen by more than 3% after the U.S. Senate finance committee approved the reform of the health system in the U.S. worth $ 829 billion
Rate Securities Johnson Johnson dropped to 2,4%, as the company's revenue was below forecast. Net income rose in the third quarter of 2009 to 1,1% - to $ 3.35 billion, or $ 1.2 per share. At the same time, the company's revenue declined by 5,3% - to $ 15.081 billion against $ 15.921 billion Domestic sales decreased by 8.1%, while the world fell by 2,5%.
price of securities of the largest gold producer in theU.S. Newmont Mining Corp. increased by 2,6%, as gold has risen in price at the auctions in New York to a record $ 1,069.70 an ounce. Paper Barrick Gold Corp. prices increased by 1,4%.
American Cisco Systems Inc., the world's largest manufacturer of networking equipment, agreed to acquire Starent Networks Corp. for $ 2.9 billion The stock price of Cisco rose to 1,7%, Starent - 17%.
Index Dow Jones Industrial Average sank on Tuesday at 14.74 points (0,2%) - up to 9,871.06 points.
Standard Poor s 500 lost 2.99 points per day (0.3%), amounting to 1,073.19 points.
value
Nasdaq Composite Index rose slightly - by 0.75 points (0.04%) - up to 2,139.89 points.
Retail sales and the record of FOMC Agree brewers, however, asked the deputies not to limit the market …
Dollar depreciated - day review of the cash markets
Tatneft will increase the size of claims to Ukraine because of the Kremenchug refinery to 5 billion
Nadra send losses abroad
Beer - it is alcohol …
The stock market waited for the correction
The dollar is falling in anticipation of statistic data from the eurozone and the U.S., the yen becomes more expensive
Most stock markets in Asia is growing at a positive statistic data and prognosis Intel
Trading volume on the government securities market MICEX amounted to 68.73 billion rubles