As on Tuesday the American shares began the tenders on Wall Street with hike. It was promoted by last economic data and renewed drop in quotations in metals and energy market.

Moreover the market was supported by last speculation around the further actions of Federal reserve system. We shall remind that some economists were anxious that the high level of interest rates in the country could affect negatively the further economic growth.

Let's remind that according to yesterday's report of the US Department of Commerce new home sales in April were up 4.9 % to 1.198 million in comparison with March. We shall notice that experts forecast sales at a level of 1.15 million and the previous value has been revised from 1.213 million up to 1.142 million.

As a result despite a high level of interest rates growth of sales has not only exceeded the forecast unexpectedly, but also became the highest this year.

Right after publications of the report the euro/dollar rate slumped from a level 1.2887 to 1.2730at the American session, and the dollar/franc rate hiked 175 points from 1.2025 to 1.2200.

Let's notice that focused on the housing market report the market’s participants have practically ignored weak data on durable orders in the USA, which showed sharp falling in April.

Let's remind that durable orders in the USA fell sharply 4.8 % in April, at the economists’ forecast of decrease only of 0.6 %. However, thus March data have been revised upwardly from 6.4 % to 6.6 %.

Varied economic data and also sharp drop in metals prices led to sharp decrease in stock quotations of the companies producing precious metals.

So, Phelps Dodge Corp. papers, which fell more than 4 % by the afternoon, were closed with decline $0,88 to $82,18. And Newmont Mining Corp.papers, dipping more than 5 %, finished day downwardly $1,64 at a level $49,53.

And the leader of yesterday's falling were IPO papers of Vonage company, a pioneer in technology of phone calls through the Internet, than is used now by millions people all over the world daily. To the end of trading session they lost about 13 % from the initial offer of $17 and were closed at a mark $14,85.

As a result Vonage debut in New York stock exchange was recognized by experts as the worst of IPO of this year, however, despite this the majority of rating agencies consider papers Vonage as "hold".

In the last third of trading session investors’ mood began to change therefore key indexes directed upwards. General Motors shares supported the market, which after the information that Merrill Lynch raised recommendations on GM up to a level "buy", added more than 8 %for a day.

And the leader of growth was Payless Shoesource paper, one of the largest retail discounters of footwear sale in the USA. After the publication of the quarter balance, which showed growth of quarter proceeds of 19 % and the income per a share of 18 % in comparison with the similar period of the last year, the shares hiked 18,1 % after the issue.

As a result by the end of trading session PSS shares cost already $24,65, and experts determine a price reference point on Payless papers $29.

Also on Tuesday papers of the leader in the field of manufacture of corporate programs of Oracle company, which after the information on the US regulatory body approval of purchase of small company Portal Software for $220 million, at once rose in price on 2,3 %, grew.

Oracle strategy consists in increase of a sales volume due to acquisitions of the small and average companies-competitors together with their client base. Portal Software specialized on programs for conducting financial operations and invoicing of telecommunication and media business.

And DreamWorks Animation quotations, the leading manufacturer of computer graphics and special effects for the Hollywood blockbasters rose 6 %for a day. The catalyst of growth became the investment-analytical group Soleil Securities, which increased the recommendations on DreamWorks papers up to a level "buy".

As a result Dow-Jones index of New York stock exchange was up 2.80 points and is at a level 11101.15. NASDAQ index grew 3.40 points and is at a level 2162.16. S&P 500 index dipped 1.43 point and is at a level 1255.14.

And 30-years US Treasury notes’ yield fell 0.024 in comparison with the previous closing and makes 5.130.

Despite yesterday's growth of key indexes we recommend to wait for deepening of correction after its end there are possible long-term purchases of futures for Dow-Jones and S&P 500 indexes.