Before long days off quarter results of General Electric have put pressure upon key stock indexes from the beginning of the tenders on Thursday, even in spite of the fact that have been at a level of market expectations.

So, right after the publication of General Electric Co. quarter results shares on Wall Street opened with decrease. The reason of it, in analysts’ opinion, was increase of 10-years treasury notes’ yield, which exceeded a mark of 5 %. The yield has exceeded 5 % for the first time for 4 years.

Let's remind that General Electric Co. net profit in 1 quarter was up 9 % in comparison with the similar period of 2005 and made $4.31 billion, or $0.41 per a share against $3.97 billion, or $0.37 per a share a year earlier.

Sales were up 10 % to $37.8 billion whereas experts forecast $37.434 billion. Profit of proceeding transactions made $4 billion, or $0.39 per a share as well as experts expected.

Equipment orders were up 67 %, service orders - up 20 %.

The company expects that in 2 quarter the profit per a share from proceeding transactions will make $0.46-0.48. And experts forecast profit at a rate of $0.47. The forecast for a current year makes $1.94-2.02.

"A situation around General Electric Co. - a perfect indicator. Growth proceeds, but not at rapid rates", - Tim Grisky from Solaris Asset Management said.

We shall also notice that investors’ moods soon began to vary and the reason was preliminary value of University of Michigan Sentiment Index in the USA for the April, being above the forecasts.

So value of the indicator made 89.2, at the forecast 88.6 and the previous value 88.9.

Thus the index of current conditions rose up to 111.1 points in April against 109.1 points in March, and the index of expectations fell up to 75.1 points from 76.0 points in March.

And hike of oil quotations was factors of pressure before closing of trading session on Thursday. We shall remind that the reason of rise of oil prices before holidays, in experts’ opinion, was profit taking before celebrating of Good Friday.

So, May futures for oil WTI on NYMEX were up 70 cents (1 %) to $69.32 for barrel.

However by the end of trading session Dow-Jones index of New York stock exchange was up 7.68 points and was closed at a level 11137.65. NASDAQ index was up 11.43 points and is at a level 2326.11. S&P 500 index rose 1.00 point and is at a level 1289.12.

And 30-years US Treasury notes’ yield grew 0.056 in comparison with the previous closing and makes 5.107.

Let's remind that today in Europe (12), Great Britain, Switzerland, Australia, Canada, New Zealand there will be a day off - Good Friday because therefore the financial markets in these countries will be closed.

We recommend while to keep a waiting position.