Rus News Journal

The share auctions in the USA have come to the end with decrease in indexes

the Share auctions in the USA have come to the end on November, 19th with decrease in leading indexes. In leaders of falling there were hi-tech companies as analysts Bank of America - Merrill Lynch have lowered the forecast on the given sector on 2010. With positive to negative against fears that world demand for their production will be restored not so soon, predictably. Ratings of separate representatives of sector therefore quotations of the world`s largest manufacturer of microprocessors Intel have decreased on 4,1 % have been lowered also, actions of one of the world`s largest manufacturers of microcircuits Texas Instruments have lost in the price of 3,4 %, and hi-tech company Marvell Technology - 5,1 %.

Reduction of prices on oil and metals was negatively reflected in quotations of the metallurgical and power companies, including the manufacturer of aluminium Alcoa largest in the USA (- 3,9 %), and also oil giants ExxonMobil (- 0,8 %) and CococoPhilips (- 1,9 %).

On 1,9 % actions of one of the largest American banks J have fallen in price. P. Morgan Chase and Co., which has declared that intend to receive complete control over joint venture with Cazenove Group which renders investment and broker services, for 1 mlrd pounds sterling (1,7 mlrd dollars) . However, and for other banks trading session has come to the end not better against doubts of investors about fast restoration of economy: quotations Citigroup have decreased on 0,7 %, and Wells Fargo - on 1,9 %.

Influence on a course of the auctions was rendered also by macroeconomic news. According to the data of research organisation Conference Board, an index of leading economic indicators of the USA following the results of October 2009. Has grown on 0,3 % (the forecast of analysts - growth on 0,4 %). Besides, the Ministry of Labour (US Department of Labor) has informed that quantity of initial requirements of unemployment benefit payment for a week which has come to the end on November, 14th 2009., in comparison with a similar indicator of previous week has not changed and has made 505 thousand It has coincided with forecasts of experts.

Following the results of the auctions index Dow Jones has decreased on 93,87 points (- 0,90 %) - to 10322,44 points, NASDAQ - on 36,32 points (- 1,66 %), to 2156,82 points, S &P - on 14,90 points (- 1,34 %), to 1094,90 points.