Exchange USA has closed in positive territory, despite the statistics

Exchange USA has closed in positive territory, despite the statistics


Internal statistics proved worse than expected. In particular, the volume of industrial orders in the country in September decreased by 1% while analysts expected decrease on 0,9%.

MOSCOW, 4 Nov. U.S. stock indexes rose on Tuesday, despite worse than expected internal statistics, according to data exchanges.

The Dow Jones industrial average rose 0.5% to 17918,15 point, high-tech NASDAQ — on 0,35%, to 5145,13 points, the index of wide market S&P 500 by 0.27% to 2109,79 item.

In particular, the volume of industrial orders in the U.S. in September declined by 1% while analysts expected decrease on 0,9%.

Investors are also waiting for new reports of corporations — this week on its financial results will inform companies such as Time Warner, Allergan and Facebook. Among the reported companies profit 74% were better than expected. Now analysts believe that, on average, profits of companies in the third quarter will decline by 3.9%, while the week before expected decrease of 6.1%, according to Bloomberg.

“I suspect that the achievement of the S&P level of 2,100 points yesterday forced some investors to think”, — says the chief strategist at Wells Fargo Funds Management John Manley, quoted by the Agency MarketWatch.