The Dow Jones industrial average rose 0.5%, high-tech NASDAQ – on 0,66%, the index of wide market S&P 500 by 0.58%.
MOSCOW, 2 Nov. Us stock indices are showing a positive trend on Monday after internal statistics were better than analysts ‘ forecasts, according to data exchanges.
As at 18.08 GMT industrial index Dow Jones increased by 0.5% to 17751,19 point, high-tech NASDAQ — on 0,66%, to 5087,75 points, the index of wide market S&P 500 by 0.58% to 2091,62 item.
American Institute for supply management (Institute for Supply Management, ISM) reported Monday that the index of business activity in industrial sector of the U.S. economy (ISM Manufacturing) in October fell to 50.1% from September’s reading of 50.2%. The data has appeared better forecasts of analysts which expected indicator decrease to 50%. “Thus, growth in the industrial sector continued for the 34th month in a row,” said the organization.
Participants also drew attention to corporate news in the country. In particular, one of the world’s largest companies to accept Bank cards, U.S. Visa Inc., reported that net profit for the 2014-2015 fiscal year, ended 30 September, increased by 16.3% to 6,328 billion. The company also announced that it is acquiring its former subsidiary Visa Europe. The amount of the transaction will amount to 21.2 billion euros.
On Monday the French group Alstom closed the sale of its energy business to the American group General Electric (GE). The transaction value amounted to about 12.4 billion EUR.
In addition, on Monday on the new York stock exchange began trading shares of Hewlett Packard Enterprise (HPE), which was formed as a result of splitting Hewlett-Packard into two companies. At Hewlett-Packard Enterprise Co. included infrastructure technology, software and services. The company’s shares as at 18.05 GMT rose in price for 2,55%, to 15.1 per dollar per security.