On a background of the negative forecast of the largest PC manufacturer Dell Inc. shares on Wall Street opened in a minus. Another factor of pressure became producer prices data.

Let's remind that producer price index in the USA in January, published at the beginning of trading session, being in line with the forecasts, did not cause significant reaction of the market.

So, producer prices in the USA were up 0.3 % m/m in January, as the analysts expected. And year over year in January the prices were up 5.7 %.

However, excluding foodstuffs and energy carriers, the prices were up 0.4 % m/m, and analysts waited for growth on 0.2 %. Year over year in January the core PPI was up 1.5 %.

Let's also remind that in December of the last year the prices were up 0.6 % by November and up 5.4 % by December, 2004.

And the main negative became data of University of Michigan which were unexpected by investors. The value of the index made 87.4, at the forecast 92.5, and the previous value 91.2. Thus the component of expectations decreased up to 74.4 points from 78.9 points in January. And the component of the index, reflecting current conditions, dipped up to 107.7 points in February from 110.3 points in January.

Reduction of a level of consumers’ confidence was caused by growth of house heating expenses, economists say. It is expected that fuel cost will be up 24 % this winter in comparison with previous one. As a result the situation makes households to cut down expenses on consumer goods.

Let's also notice that the given index is calculated monthly on results of 500 families’ survey and is one of key indicators of the American economic condition.

However, despite the published data after some correction key stock indexes again directed upwards. Dell quarter results supported the share market. So, Dell Inc.net profit in the 4 financial quarter was up 52 % on a background of growth of sales outside the USA.

The net profit rose up to $1.01 billion, or 43 cents per a share from $667 million, or 26 cents per a share the same period of the last year.

The proceeds were up 12.8 % to $15.2 billion from $13.5 billion. Analytics forecast $14.8 billion. In the 1 financial quarter of this year the company expects the profit per a share at a rate of 39-41 cents against the experts’ forecast of 42 cents.

Let's notice that Dell company remains the leading world seller of personal computers in the USA in the 4 quarter with a market share of 17.2 %.

Thus investors’ positive mood could not be reduced even by oil quotation hike. We shall remind that oil sharply rose in price at the final tenders in New York on a background of concern of the conflict escalation in Nigeria and intensity between Iran and the West, and also strengthened by fixing shorts before long days off.

Let's remind that on Friday Royal Dutch Shell company informed on decrease of oil production in Nigeria on 455.000 b/d after some attacks of militant to oil objects on Saturday. The militants took nine foreign hostages.

As a result March futures for oil WTI were up $1.42 to $59.75.

As a result Dow-Jones index of New York stock exchange was down 15.54 points and is at a level 11105.14. NASDAQ index was down 10.70 points and is at a level 2283.93. S&P 500 index was down 2.44 points and is at a level 1286.94.

Profitability of the US state obligations for 30 years was down 0.068 in comparison with the previous closing and makes 4.509.

 As a result we recommend to keep purchases of Dow-Jones index futures. Purposes, planned before, also remain in force.