Market news

Show news:


22.05.2019 04:08

Major US stock indexes finished trading in positive territory

Major US stock indexes have risen significantly, as reports that the United States temporarily eased restrictions on the Chinese company Huawei, somewhat reduced investor concerns about the further escalation of the trade war between the two largest economies in the world.

On Monday evening, the US government temporarily relaxed some trade restrictions imposed on Chinese Huawei Technologies last week to minimize disruptions to telecommunications company clients around the world. The US Department of Commerce said it would allow Huawei to purchase American-made goods to maintain existing networks and update software for existing Huawei phones until August 19. Against this background, stocks of semiconductor manufacturers, which suffered significant losses on Monday, recorded a noticeable increase.

Investors also analyzed quarterly reports from several retailers that were disappointing. On the contrary, the market was supported by Boeing (BA) shares, which rose 1.56% after the publication of The Wall Street Journal reported that a collision with birds could have caused the 737 Max plane crash in March.

At the same time, investors did not pay attention to the disappointing data on the housing market. According to a report by the National Association of Realtors (NAR), sales of homes on the secondary market fell by 0.4% to an annual level of 5.19 million in April after a decrease of 4.9% to 5.21 million in March. Economists had expected home sales to grow by 2.7%, to 5.35 million.

Almost all the components of DOW finished trading in positive territory (25 out of 30). The growth leader was Apple Inc. (AAPL; + 2.14%). Outsiders were The Procter & Gamble Company (PG; -0.75%).

All sectors of the S & P recorded an increase. The industrial goods sector grew the most (+ 1.2%).

At the time of closing:

Dow 25,867.13 +187.23 +0.73%

S & P 500 2,866.04 +25.81 +0.91%

Nasdaq 100 7,792.04 +89.66 +1.16%



Keep up with latest Forex market news updates: Currencies, central banks, economic indicators for oil and gold trading – all you need to work effectively on Forex.

Market focus

October 2019
  • 2019
  • 2018
  • 2017
  • 2016
  • 2015
  • 2014
  • 2013
  • 2012
  • 2011
  • 2010
  • 2009
  • 2008
  • 2007
  • 2006
  • 2005
  • 2004
  • 2003
  • 2002
Mon
Tue
Wed
Thu
Fri
Sat
Sun
21
22
23
24
25
26
27
28
29
30
31

Forex is open 24 hours a day, 5 days a week (except national holidays), and it can be broken up to the following four regional markets: Australia and Oceania, Asia, Europe, and America. A Forex trading session opens at 23:00 GMT on Sunday in Japan and closes at 22:00 GMT on Friday in the USA.

 
Session Financial Centres UTC/GMT
OpenClose
EET
OpenClose
Local Time
OpenClose
Pacific Wellington 19:00 04:00 22:00 07:00 22:00 07:00
Session Financial Centres UTC/GMT
OpenClose
EET
OpenClose
Local Time
OpenClose
Sydney 21:00 06:00 00:00 09:00 00:00 09:00
Session Financial Centres UTC/GMT
OpenClose
EET
OpenClose
Local Time
OpenClose
Asian Tokyo 23:00 08:00 02:00 11:00 02:00 11:00
Session Financial Centres UTC/GMT
OpenClose
EET
OpenClose
Local Time
OpenClose
Hong Kong, Singapore 00:00 09:00 03:00 12:00 03:00 12:00
Session Financial Centres UTC/GMT
OpenClose
EET
OpenClose
Local Time
OpenClose
European Frankfurt, Zurich, Paris 06:00 15:00 09:00 18:00 9:00 18:00
Session Financial Centres UTC/GMT
OpenClose
EET
OpenClose
Local Time
OpenCloseе
London 07:00 16:00 10:00 19:00 10:00 19:00
Session Financial Centres UTC/GMT
OpenClose
EET
OpenClose
Local Time
OpenClose
American New York 12:00 21:00 15:00 00:00 15:00 00:00
Session Financial Centres UTC/GMT
OpenClose
EET
OpenClose
Local Time
OpenClose
Chicago 13:00 22:00 16:00 01:00 16:00 01:00