On a background of the publication of the refined GDP data in the USA for 4 quarter shares on Wall Street opened with decrease. We shall remind that a value of the indicator was in line with analysts’ forecasts. So, the US GDP in 4 quarter of the last year was up 1.6 % according to the refined data.

Let's notice that earlier it was informed on growth on 1.1 %. And the price index of personal consumption was up 2.7 % y/y in 4 quarter against a gain on 3.7 % for 3 quarter. And the basic index, except for food and energy prices, was up 2.1 % y/y.

Import increased by 12.8 % after growth on 2.4 % in 3 quarter, and export rose by 5.7 % against 2.5 % in 3 quarter.

As a result GDP for 2005 added 3.5 %, and in 2004 growth made 4.2 %.

Other releases could not support key stock indexes. So, according to a research firm Conference Board from New York consumer confidence index in the USA decreased to 101,7 points in February, 2006 from the revised upwardly January value 106.8 points. We shall notice that experts waited for reduction of the index to 104.5 points, and earlier was informed that in January the value of the index made 106.3.

And the index of estimation of a current situation raised up to 129.3 points in February from 128.8 points in January, and the previous value 128,4 points. The index of expectations dropped to 83.3 points from 92.1 points, the previous value 91,5 points. An index of those supposing, that " to find job difficult now", grew up to 20.7 points from 20.3 points a month earlier.

Let's remind that the consumer confidence index by Conference Board request is made according to the survey of about 5.000 American families.

Chicago Purchasing Managers' Index, reflecting a level of business in the Middle West of the USA, decreased in February of this year. We shall remind that value of the indicator made 54,9 points in February in comparison with 58,5 points in January, at the forecast of 58.5 points.

And the employment index in February climbed up to 54.9 points from 50.2 points in January. New orders index reduced to 54.9 points from 63.7 points. The price index dipped to 71.6 points from 75.3 points.

Let's also remind that value of the index below 50 points means downturn in a sector, and above - expansion. The given indicator is important for experts because usually it correlates noticeably with national index ISM.

Besides data on existing home sales in the USA also showed reduction. So, according to National Association of Realtors existing home sales were down 2.8 % to 6.56 million units in January, 2006 in comparison with 6.6 million units in December, 2005.

Let's notice that experts forecast that existing home sales in January would not change by December and would be at a level of 6.6 million units. Thus, the last month there was observed the minimum for two years.

Let's remind that data on new home sales, published on the eve, were also down 5.0 % seasonably adjusted to 1.233 million units in January, 2006 in comparison with December, 2005 that became the maximal drop in sales for a year.

About 85 % of total volume of housing market in the USA falls to the share of the existing home market.

As a whole, experts expect that existing home sales volumes will be down 5 % in 2006. We shall remind that in January average cost of the house was up 12 % y/y to $211 thousand.

As a result Dow-Jones index of New York stock exchange was down 104.14 points and was closed at a level 10993.41. NASDAQ index was down 25.79 points and is at a level 2281.39. S&P 500 index was down 13.46 points and is at a level 1280.66.

And US 30-years state bond yield fell 0.042 in comparison with the previous closing and makes 4.503.

We recommend keeping earlier opened purchases of Dow-Jones index futures. Previously planned purposes of growth hold good.