Supported by forecasts of fast end of a cycle of rates increase, on the one hand, and testing pressure from current statistical data, on the other hand, shares on Wall Street opened mixed on Friday.

Let's remind that Fed representatives declared many times that the further decisions on change of the basic interest rate would depend on coming economic data. Therefore investors watch closely all economic reports.

As a result at opening General Motors shares became cheaper after the company’s message on revision of the loss for 2005 up to $10.6 billion.

Besides the market is under pressure of the information of the largest insurer on reduction of profit in 4 quarter on 72 % because of court actions and the losses, connected with hurricanes.

Let's remind that net profit of American International Group Inc. fell in the fourth quarter because of payment of $1.64 billion because of settlement of dispute with regulating authorities concerning inadequate accounting and sales practice up to $444 million, or 17 cents per a  share from $1.61 billion, or 62 cents per a share a year earlier.

Experts forecast that the profit of the insurer would make 19 cents per a share. And last financial year the company published the accounting two times, adjusting it for the expired periods.

The state regulating authorities accused the company of that it gave to investors inadequate information, organized unfairly the program of payments and social service to employees, and also manipulated with the prices for insurance services to replace competitors from the market.

However the market was maintained by oil quotations, which, despite proceeding geopolitical fears, slumped on Friday on a background of profit taking after growth on Thursday. The main reason of profit taking became OPEC’s message that oil stocks in the USA are at a maximum for 7 years.

Another reason was OPEC’s experts decrease of the forecast of oil demand growth. As a result prices for April futures were down 81 cents to $62.77 for barrel. However, despite Friday reduction, on results of week growth made about $3. And on today morning oil has traded in area of $63 for barrel.

As a result Dow-Jones index of New York stock exchange was up 22.57 points and is at a level 11275.81. NASDAQ index was up 3.67 points and is at a level 2303.23. S&P 500 index  was up 1.54 points and is at a level 1306.87.

And the US 30-years state bonds’ yield increased 0.024 in comparison with the previous closing and makes 4.717.

We recommend keeping purchases of Dow-Jones index futures. The purposes of growth of the index remain former.