As well as two last days yesterday on May, 25th trade on Wall Street began with sharp growth of shares cost. The reason of yesterday's growth became the positive economic data, which confirmed steady rates of economic rise in the country, and also showed that inflation remains within the limits of acceptable range.

The refined value of GDP index in the USA for the first quarter 2006 made +5.3 % for the first quarter 2006, at the forecast of +5.8 % and preliminary value of +4.8 %.

As a result though the parameter was below the forecast, however, at the same time, it reached a maximum level since the end of 2003.

We shall also remind that in the fourth quarter of the last year GDP growth of the USA made 1.7 % y/y and as a whole for 2005 it rose 3.5 %. Thus the primary factor, which affected revision of the parameter, in economists’ opinion, became increase of estimation of net export. Slightly puzzled by so high GDP value for the first quarter, experts ask a question - whether rates of growth will be kept in the second quarter.

The matter is that some analysts notice that economic indicators increase much more poorly than it was predicted. In their opinion, it can become the basis for a pause in increase of FRS rates.

Another parameter, extremely important for experts in a current situation, existing home sales in the USA for April, at the forecast 6.60 million, made 6.76 million that was noticeably better than the forecast. And the previous value is revised from 6.92 up to 6.90 million.

And the help-wanted index in the USA made 35 for April, at the forecast 38. And the previous value has been revised from 38 up to 37. This indicator was much worse than the expected level.

As a result these data reduced expectations of the next FRS rates increase in June and pushed investors to active purchases of shares.

As a result eBay Inc. papers grew at once 11 % on news about formation of an alliance with Yahoo! Inc., which will allow partners to use services more effectively and to present it to greater number of users.

After financial director of Sirius Satellite Radio Inc. said about merge with basic competitor XM Satellite Radio Inc., SIRI shares hiked 14,7 %, up to $4,22. Thus XMSR papers, having changed the down tendency of first half of trading session, finished day with 4,4 % increase.

Besides General Motors shares continued its victorious rise, which quotations for two days rose more than 13 %. GM competitor - Ford showed modest growth - for last two days added more than 4 %, and DaimlerChrysler increased the cost by 3,5 %.

As a result Dow-Jones index of New York stock exchange grew 93.73 points and was closed at a level 11211.05. NASDAQ index rose 29.07 points and is at a level 2198.24. S&P 500 index was up14.31 points and is at a level 1272.88.

And 30-US Treasury notes’ yield raised 0.042 in comparison with the previous closing and makes 5.172.

As a result yesterday the basic share indexes reached a level of key resistance. Overcoming these resistance will mean the further growth of indexes.

However we recommend to keep a waiting position. The probability of a new wave of decline is now kept.