On a background of the publication of data on net foreign purchases of the American assets in January which was less than it is required for financing trade balance deficit in January, which was record, shares on Wall Street opened with growth.

Let's remind, that value of the indicator in January grew in comparison with December, and made 66.0 billion dollars against the previous value of 53.8 billion dollars.

Let's notice that earlier in December, 2005 net foreign purchases to the USA was estimated in $56.6 billion, and economists forecast January indicator at a level of $65.0 billion.

Data on decrease of retail sales in February, and also weak data of the yesterday's "Beige book" survey were also below the predicted levels. Let's remind that according to this "Beige book" economic survey of the US Federal reserve system in January and February a level of retail prices rose slightly.

Thus rate of growth of the American economy is moderate, and the volume of consumer expenses continues to increase.

Let's also remind that the import prices in the USA in February were down 0.5 % in monthly calculation. Thus the export prices in February did not change.

And the import prices, except for petroleum prices, were down 0.5 % m/m in February that became the maximal decline since April 2004.

It is remarkable that experts forecast that the import prices would be down 0.5 percents m/m in February and the rise in export prices would make 0.2 %. In January import prices were up 1.4 % m/m.

Considering last data many economists have come to conclusion that the insignificant rise in prices can become a signal of that process of aggressive increase of the US interest rates will finish soon. This factor became determining in yesterday's trade and spurred the further growth of key stock indexes.

Another driver of rise in the stock exchange became slump of oil quotations on Wednesday. We shall remind that the oil prices started to fall right after publication of data on oil stocks in the USA, which grew 5 weeks in a row. So, oil stocks in the USA for a week were up 4.8 million barrels to 339.9 million barrels. Petroleum stocks were down 900.000 barrels to 223.9 million barrels.

As a result April futures for oil WTI fell 93 cents to $62.17 per a barrel, and on today morning the quotations, having continued dipping, reached a level of $61.85 for barrel.

Besides Sears Holdings informed on greater, than it was expected, quarter profit that pleased investors and led to growth of the shares. Today Wall Street Journal reported that one of investment groups offered $12.5-13.0 billion for General Motor’s financial division.

As a result on this background investors have practically ignored Lehman Brothers weak financial results. Lehman Brothers receives record profits a second straight year.

Let's remind that Lehman Brothers net profit rose 24 % up to a peak $1.09 billion, or $3.66 per a share in the first financial quarter from $875 million, or $2.91 per a share a year earlier.

And experts forecast $3.60 per a share. We shall remind that the third month in row investment bank Lehman Brothers consulted merger’s bargains in total amount $263 billion whereas on results of all 2005 this indicator was equaled $367 billion.

As a result Dow-Jones index of New York stock exchange was up 58.43 points and was closed at a level 11209.77. NASDAQ index was up 15.94 points and is at a level 2311.84. S&P 500 index - up 5.54 points and is at a level 1303.02.

And the US 30-years state bonds’ yield increased 0.049 in comparison with the previous closing and makes 4.752.

As a result we recommend keeping purchases of Dow Jones index futures, opened from a level 10690. The purposes of growth of the index while hold good.