After victorious forward of 5-day's growth of key stock indexes on Monday the tenders on Wall Street finished with small decrease. We shall remind that the reason of decline in the stock market were the statements of Iran that Teheran would continue its nuclear development.

Let's notice that today Iran should give the official answer to a package of the measures offered by the European Union, the USA and Russia to Teheran. Anxiety that Teheran can use the oil deliveries as the weapon for self-defense in opposition with the United Nations, has led to powerful growth of oil quotations on results of the tenders in the first day of new week.

It is obvious that expecting the answer of Iran to the EU offer about development of the program of uranium enrichment into the peace purposes, the majority of investors will prefer to fix profit.

In experts’ opinion decision of Iranian spiritual heads is unpredictable.

Faults with oil deliveries from Nigeria because of attacks of insurgents in oil fields prevent significant drop in oil price.

So, yesterday, after recent reduction and achievement of a mark $70 for barrel in the end of the last week, September futures for the American light oil were up $1,31 to $72,45 for barrel.

Growth of quotations of oil futures puts pressure upon the stock market as raises fears about strengthening of inflationary pressure upon the economy.

Stock indexes are under additional pressure of the disappointing quarterly report of Lowe's Cos. testifying to decrease of consumer consumption. We shall remind that on Monday a network of retail shops Lowe’s Companies, Inc. announced financial results of the second quarter which were below analysts’ forecasts.

Besides Lowe's Cos. reduced the expected sales volume for the whole 2006 because of decrease in activity in housing market and high energy prices.

The company’s profit increased up to a level of $935 million, or 60 cents for a share from $839 million, or 52 cents for a share a year earlier. Thus economists expected profit in area 61 cents for a share.

The proceeds from sales increased 12 % up to $13,4 billion. Sales in shops opened more than a year rose 3,3 % that is in line with the bottom border of the expected forecast. For the whole 2006 the company expects growth of sales within the limits of 11 %, in May forecast the company expected 13 % growth.

The profit for a share dipped to $2 - $2,07 from $2,07 - $2,11. On Friday the company’s shares were closed at a mark $29,52 for a share. Now shares trade with downturn more than by 2,5 %.

As a result Dow-Jones index of New York stock exchange was down 36.42 points and was closed at a level 11345.05. NASDAQ index fell 16.20 points and is at a level 2147.75. S&P 500 index dropped 4.78 points and is at a level 1297.52.

And 30-years US Treasury notes’ yield decreased 0.009 in comparison with the previous closing and makes 4.964.

We remind that the fundamental background assumes the further growth of key stock indexes. Therefore our recommendations hold good: to open purchases of futures for Dow-Jones and S&P 500 indexes after descending correction. A level of opening of purchases should be considered marks 11200 and 1280 accordingly.