On Wednesday August 25 U.S. stock market will get a significant amount of information to ponder on. In addition to secondary data on mortgages, the market is going to look forward to July data on durable goods orders.
Oil prices do not cease to grow the entire trading today. Oil futures Brent and Light Sweet traded in the positive zone. Prices of oil futures have risen since the beginning of the day by about 0.5%, after the day before they fell in one day at 3% and for the first two weeks have been established below the level of 76 dollars per barrel.
Dow Jones Industrial is 10,305.92 points. The overall level of incidence for the Dow index is +12.40 points, or 0.12%. Consumers have begun trading on the U.S. stock market more active. At the indexes affected by the new data for statistics: The average price of sales of new homes in the U.S. in May fell by 1% to 200,900 dollars from 202,900 dollars to the revised (initially U.S. $ 198,400) value in April, year on year decline in May was 9.6%.
Dow Jones keeps the level above 10000 points. Although growth slowed, the bulls have removed the main shoulder support. The market blue chip Dow Jones Industrial Average recession. The index lost 40 points, which are purchased today. At the time Dow Jones stands at around 10,017.52 points, rising up today +77.54 points (0.78%). The main reasons for the fall were new threats of defaults in Europe and the oil market:
Oil prices since the beginning of the day recovering from almost continuous decline in the past three weeks,. Today in trading on the New York Mercantile Exchange (NYMEX) futures on U.S. light crude (Light Sweet) came close to a mark 71 dollars / barrel. At the close of the day before the official price of the most active contract on the NYMEX was 68.75 dollars per barrel. In part, the oil helps quotation returning to the markets of interest to cheapened risky assets. European stocks today confidently grow, futures on stock indexes traded in the U.S. as black.
Prices for oil futures Brent and Light Sweet continues to decline, while the cost of the main contract on the New York Mercantile Exchange (NYMEX) fell below $ 68 per barrel. On the eve of futures on U.S. light crude on the NYMEX closed at 70.21 dollars per barrel.
Oil prices on world markets continue to grow after 5-day fall. Over the previous two weeks, prices for “black gold” fell by nearly 20% amid fears that the Greek debt crisis may prevent the restoration of the global economy. Quotations of futures on U.S. light crude oil (Light Sweet) in New York handled today in a mark in $ 72 per barrel.
Oil futures Brent and Light Sweet today traded in the various vectors after the previous day on the NYMEX crude oil prices dropped by 0,6% – to 76.37 dollars per barrel. against a background of doubt about the stabilization mechanism of the EU the volume of nearly 1 trillion dollars.
Oil is no longer attractive to investors. Oil prices of all types are falling. Prices for petroleum futures Brent and Light Sweet decline, which, according to analysts, due to expected increase of crude oil and petroleum products in the U.S. At this point in time the price of oil futures transactions were ($ / bbl.): – Light, Sweet Crude Oil (June) – 75.96 (-0.84) in the range of quotations 75,36-77,39 – IPE Brent Crude (June) – 79.51 (-0.61) in the range of quotations 78,91-80,59.