Listing in the US falling after weak data on the real estate market

Listing in the US falling after weak data on the real estate market


News from the market of new buildings, and corporate news, not support the American trading platforms. As at 17.13 GMT industrial index Dow Jones has decreased on 0,1% — to 17628,26 point, high-tech NASDAQ — on 0,3%, to 5016,96 item.

MOSCOW, 26 Jan. Us stock indices show a negative trend on Monday after statistics from the real estate market of the country fell short of investor expectations, according to data exchanges.

As at 17.13 GMT industrial index Dow Jones has decreased on 0,1% — to 17628,26 point, high-tech NASDAQ — on 0,3%, to 5016,96 points, the index of wide market S&P 500 by 0.32% to 2068,89 item.

On Monday it became known that sales of new U.S. homes in September decreased by 11.5% compared with the revised August rate of up to 468 thousand. The indicator has appeared worse forecasts of analysts which expected be reduced by 0.36%, to 550 thousand, with the initial level in August 552 thousand. The August figure was revised to the downside — to 529 thousand.

In addition, support markets and corporate news. Thus, the American Xerox Corporation before the opening of trading announced that by the end of the third quarter reported a loss of $ 31 million against a profit of 272 million a year earlier. Diluted loss per share amounted to $ 0.04, while analysts were looking for profit at the level of 0.23 USD per share.

At the same time, analysts tend to assume a decline of the stock exchanges on Monday, a correction after the growth of indexes on Friday. “I think that this is nothing like the break after good growth markets,” said Reuters managing Director at Janlyn Capital LLC Andre BAKOS co (Andre Bakhos).