On a background of growth of Morgan Stanley papers, which grew after the message that the profit and the proceeds of the investment bank rose till the record owing to rise of investment activity incomes, the shares on Wall Street opened with growth.

Let's remind that the net profit American investment bank Morgan Stanley was up 17 % to $1.64 billion, or $1.54 per a share in the fourth financial quarter, ended on February, 28^th  from $1.4 billion, or $1.29 per a share the same period a year earlier.

The economists, surveyed by Thomson Financial company, supposed that the profit of bank would be at a level $1.41 per a share. Sales of the leading American broker were up 24 % and reached a top of $8.48 billion. The basic source of incomes were services in stock exchange and bond market.

Quarter sales in the stock exchange were up 36 % to $1.7 billion. The income of bonds trade also increased 36 % up to a top of $2.7 billion.

Sales of services in Mergers&Acquisitions sphere brought $355 million to the company, having improved 40 % for a year. The underwriting income was up 12 % to $548 million.

The key stock indexes were also supported by growing shares of Bristol-Myers Squibb, which strengthened after settlements of dispute concerning patents for medicines.

Thus experts suppose that Microsoft decision should affect PC manufacturers negatively as consumers will postpone purchase of computers expecting a new operative system.

Thus negative news could not influence on investors’ optimism. So the market has ignored Microsoft message, disappointing for technological sector, on intention to put off output of new operational system Windows Vista. As a result the shares of the software giant decreased at once from the beginning of the tenders.

Let's also remind that in spite of the fact that investors have apprehended Bernanke’s comments as a sign of that rates can be lifted higher than it was predicted earlier, stock indexes showed growth by the end of a trading session.

Let's notice that investors have not also reacted practically to a rise in oil prices. We shall remind that oil quotations grew after the publication of data on oil and mineral oil stocks.

So, according to the EIA report for a week, ended on March, 17th, 2006 oil stocks were down 1.3 million barrels to 338.6 million barrels, petroleum - down 2.3 million barrels to 221.6 million barrels, distillates - down 800.000 barrels to 126,7 million barrels, and oven fuel stocks - down 400.000 barrels to 48.2 million barrels.

Let's remind that experts forecast growth of oil stocks on 2.5 million barrels, drop in petroleum stocks on 1 million barrels and in distillates stocks on 2 million barrels.

Thus according to API a week prior to March, 17th oil stocks in the USA were down 54.000 barrels to 338,112 million barrels, petroleum stocks were up 308.000 barrels to 217,470 million barrels, distillates stocks were down 970.000 barrels to 126.297 million barrels.

As a result oil prices raised on 40 cents after the publication of these data, however on results of the tenders oil fell in price on 57 cents to $61.77 for barrel, despite data about reduction of oil stocks in the USA last week.

But on today morning the price have continued its rising at the morning tenders and now quotations on May futures for oil WTI are at a level $62.60 for barrel at the electronic tenders.

As a result Dow-Jones index of New York stock exchange was up 81.96 points and was closed at a level 11317.43. NASDAQ index was up 9.12 points and is at a level 2303.35. S&P 500 index was up 7.81 points and is at a level 1305.04.

And the US 30-years state bonds’ yield fell  0.015 in comparison with the previous closing and makes 4.726.

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