On a background of strong data on retail sales shares on Wall Street opened with growth. We shall remind that retail sales index in the USA made +2.3 % for January, at the forecast +1.0 %. And the previous value has been revised from +0.7 % to +0.4 %.

And retail sales index excluding automobiles in the USA made +2.2 % for January, at the forecast +0.8 %, and the previous value +0.2 %.

Thus the index of industrial stocks and the inventories in the USA made +0.7 % for December, at the forecast +0.6 %. And the previous value is revised from +0.5 % up to +0.6 %.

Growth in December was provided basically by automobiles. Sales of the companies were up 1.2 % in December. Stocks of retail sellers in December were up 0.7 %, and the sales volume of retail sector was up 0.3 %.

The ratio inventories – sales, showing how long does it take to sell inventories at present rates of sale, made 1.25 months in December against 1,26 months earlier.

Let's remind that yesterday shares became cheaper because of investors’ fears of the further rates rise in the USA after the statement of Cleveland FRB Head Sandra Pianalto.

The key stock indexes have been supported by the latest news that on Monday investment bank Morgan Stanley revised to increase the profit for 2005 owing to unexpectedly low charges connected with sale of its division.

So, according to these data the profit of the American bank the last year rose up to $4.94 billion from $4.49 billion in 2004.

Let's remind that earlier it was informed that the profit for 2005 made $4.26 billion.

On the refined data the profit per a share made $4.57 instead of $3.95 as it was informed previously. Morgan Stanley also declared that the profit for the fourth quarter achieved $2.47 billion, or $2.32 per a share.

The company’s results have considerably grown after in January Morgan Stanley announced the sale of AWAS division and said that the transaction expenses were $500-550 million less than the previous forecasts.

The quarter results of Delta Air Lines were also positive for the investors. We shall remind that Delta Air Lines losses in the 4 quarter decreased on a background of cut of expenses and transactions restructuring.

The loss made $1.2 billion against $2.2 billion a year earlier. Except for expenses for reorganization and special payments the loss made $782 million.

On results of the whole last year the loss made $3.8 billion Transaction proceeds made $3.9 billion.

Positive moods of investors have been supported by the situation in the market of energy supply - for the first time from the beginning of year oil quotations dropped below a mark $60 for barrel.

Experts of the fuel market forecast that today's data will again show increase in stocks of petroleum and oil in the USA that leads to the further drop in the oil prices.

Analysts say that geopolitical problems have now receded into the background and the bear moods prevail among oil traders.

As a result yesterday the prices for March futures for oil WTI were down 2.7 % to $59.57 for barrel. And on today morning the price fell to $59.31, but then returned to $59.60.

So Dow-Jones index of New York stock exchange has grown on 136.07 points and was closed at a level 11028.39. NASDAQ index has raised on 22.36 points and is at a level 2262.17. S&P 500 index has risen on 12.67 points and is at a level 1275.53.

Profitability of the US state obligations for 30 years has grown on 0.036 in comparison with the previous closing and makes 4.595.

As a result all our previous recommendations hold good: purchases of Dow-Jones index futures, opened earlier, should be still kept.