After JP Morgan increase of the forecast of companies Alcoa Inc. And Alcan Inc. shares on Wall Street opened with growth after rally in the European and Japanese stock markets.

Moreover stock indexes have been supported by news that insurance company AIG Inc. is close to conclude an agreement with the US regulating authorities on dismissal of case of fraud.

Walt Disney quarter results, published after the end of trading session, were also positive. We shall remind that Walt Disney Co. net profit was up 7 % in the 1 quarter.

The company informed that all radio stations ABC Radio, entering its structure, would make a separate structure to merge with a competing company Citadel Broadcasting Corp. The sum of the transaction will make $2.7 billion.

The net profit made $734 million, or 37 cents per a share against $686 million, or 33 cents per a share for the same period the last year.

The proceeds made $8.854 billion against $8.666 billion a year ago.

However, strengthening of expectations of the further US interest rates rise continues to put pressure on the market. We shall remind that Dallas Federal Reserve Bank President Fisher declared yesterday that the US FRS would control a rate of inflation in fututre - that also strengthens these expectations.

Another factor of pressure is a situation around Iran as the Iranian nuclear problem led to a new wave of a rise in oil price. The world community is seriously disturbed by that Iran aspires to get the nuclear weapon secretly.

On Sunday the United Nations inspectors were not allowed to the nuclear objects and Iran informed on renewal of enrichment of uranium a day later after IAEA decided to transfer "the Iranian file" to Security Council of the United Nations.

Yesterday the president of the USA Georges Bush presented the Congress the budget statement for 2007 which will begin on October, 1st, 2006.

The budget assumes reduction of a lot of programs and increase of defense expenditure, Reuters agency informs. Incomes are planned at a level of 2.416 billion dollars, charges - 2.770 billion dollars.

Deficit will be reduced up to $354 billion (2.6 % of gross domestic product) from $423 billion (3.2 % of gross domestic product) this financial year.

Bush's budget message, directed to the Congress on Monday, says that the budget statement for 2007 provides, in particular, cut of medical care charges and other programs of the government.

It is obvious that precious metals also rise in price as investors diversify their assets, partly owing to a situation in Iran, and also in connection with anxiety about the future dollar exchange rate and the high oil prices.

As a result Dow-Jones index of New York stock exchange has grown on 4.65 points and was closed at a level 10798.27. NASDAQ index has fallen on 3.78 points and is at a level 2258.80. S&P 500 index has risen on 0.99 point and is at a level 1265.02.

Profitability of the US state obligations for 30 years has fallen on 0.016 in comparison with the previous closing and makes 4.622.

As a result, despite a proceeding consolidation of key stock indexes in a narrow trading range, we still expect continuation of indexes rise. Therefore it is necessary to keep purchases of Dow-Jones index futures. The purpose of growth of the index also holds good.