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Let's remind that today in Great Britain is a holiday - Spring Bank Holiday, and in the USA - the Memorial day. Therefore in these countries the financial markets do not work.
Second half of last week was marked by attempts of change of the tendency of the last week - key indexes of shares of the US stock market grew three straight days.
The reason for shares’ purchases became levels, which were regarded by some investors as a bottom of correction.
Besides the market was supported by the economic data, published during the last week, which increased probability that FRS would finish a cycle of interest rates increase.
Let's remind that the personal incomes index in the USA for April showed the same growth as the last month, however it was nevertheless below expectations. Value of the indicator made +0.5 % at the forecast of +0.7 % and the previous value of +0.5 %.
And the personal consumption index in the USA for April made +0.6 %, at the forecast of +0.6 %, and the previous value of +0.5 %.
Another parameter - final value of University of Michigan Consumer Sentiment Index in the USA for May was almost at a level of expectations. We shall remind that value of the indicator was 79.1 at the forecast 79.0, and the previous value 79.0.
The data, which confirmed inflation growth, made investors to worry. We shall remind that April price index of personal consumption excluding food and energy in the USA made +0.2 % for a month, +2.1 % for a year at the forecast of +0.2 % for a month, and the previous value of +0.3 % for a month, +2.0 % for a year.
The market has got support from growth of shares of several companies. So, Medifast papers grew 7,43 % up to $18,37 on double volume.
The manufacturer of products under the control of weight recently published the quarterly report, which profit’s growth exceeded 100 %. The proceeds from sales increase at increasing rates the fifth straight quarter.
Las Vegas Sands shares hiked 9,36 % up to $69,63 on the volume, four times exceeded daily volume after the company won the rights for construction of the first casino in Singapore.
The company plans to open the given entertaining complex in 2009. Construction spending can make more than $3,16 billion.
Besides several corporations were supported by positive recommendations from investment - broker companies. So, Goldman Sachs Group papers on results of day added +3,8 % and were closed at a mark $152,94 after UBS rose the target price on $5 up to $180 for a share.
Let's remind that UBS also raised estimation of Goldman Sachs Group from "neutral" up to "to buy" indicating that it is one of the best investment-broker companies with excellent business diversification, high incomes, a skilful control system of risks, a versatile policy of personnel motivation, and recent falling of the prices of the company’s papers.
As a result Dow-Jones index of New York stock exchange grew 60.76 points and is at a level 11271.81. NASDAQ index was up 10.82 points and is at a level 2209.06. S&P 500 index rose 6.80 points and is at a level 1279.68.
And 30-years US Treasury notes’ yield fell 0.015 in comparison with the previous closing makes 5.157.
As a result, despite new growth of key stock indexes we assume their further drop. We shall remind that only after the end of descending correction of Dow-Jones and S&P 500indexes, and formation of signals of growth there will be an opportunity of new purchases of futures for the mentioned indexes.


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