| USmarket the Probability of realization of descending correction of indexes increased |
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11:47 02/24/2006 |
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Having fallen at opening of trading session, then key indexes offset almost completely the decrease. However, as a result, the stock market of the USA was closed with falling of the basic stock indexes. The market was under pressure of decreasing papers of Viacom company, which fell after the weak quarterly report, and also lower forecasts for profit for 2006. On the other hand, share indexes were supported a little by the data of the jobless claims in the USA for a week on February, 18th which made 278000, at the forecast 28500. And the previous value has been revised from 297000 to 298000. The situation in the oil market also remains favorable for the stock market. We shall remind that oil keeps being in a trading range, being at its bottom border. We shall remind that yesterday oil fell in price on a background of the publication of data about stocks rise in the USA. As a result Dow-Jones index of New York stock exchange was down 67.95 points and was closed at a level 11069.22. NASDAQ index was down 3.85 points and is at a level 2279.32. S&P 500 index was down 4.88 points and is at a level 1287.79. We recommend continuing to keep the remainder of purchases of Dow-Jones index futures. It is necessary to wait for the end of descending correction of indexes to open new positions. Only after that there are possible new purchases of futures for key indexes.
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