Moscow. On 6 November. U.S. stock indexes on Thursday fell slightly in anticipation of data from the U.S. labor market, which will be published on the last working day of this week, reported Bloomberg.
As expected, the number of jobs in the economy in October grew by 182 thousand from 142 thousand in the previous month, while unemployment fell to 5% from 5.1% in September.
While on Thursday, the labor Department reported that the number of Americans who first applied for unemployment benefits last week increased by 16 thousand to 276 thousand Is the most significant increase since the end of February, and the number of applications is the highest in the last five weeks. Analysts had expected growth of only 2 thousand to 262 thousand.
Federal reserve Chairman Janet Yellen and Federal reserve Bank of new York William Dudley Wednesday reiterated the possibility of increasing interest rates in the US at the next meeting of the Central Bank, which will be held December 15-16. However, fed Vice Chairman Stanley Fischer expressed confidence that inflation in USA is not too far from the Central Bank’s target level (2% annual) that markets are also considered a signal of an early increase in the cost of credit.
The futures market is now assessing the possibility of lifting rates in December to 56% against 50% in the beginning of this week.
Stock quotes Facebook on the basis of trades rose by 5.2%. Earnings and revenue the owner of the world’s largest social network in the third quarter exceeded analysts ‘ forecasts.
Good financial reporting also became the reason of increase of quotations of papers of Ralph Lauren Corp. 16%.
This news caused the increase in the capitalization of other sellers of clothing and accessories, including PVH Corp. and Michael Kors Holdinhg Ltd. – more than 2.1%.
At the same time, the stock price of Qualcomm Inc. fell by 15%, as earnings and revenue chip maker in the third quarter fell short of expectations.
The market value of Celgene Corp. slid 5.3%, the biggest drop this year. Pharmaceutical company in July-September revenue below the consensus forecast.
Decrease in quotations of securities of Celgene, Qualcomm, and became the main reason of the decrease in Nasdaq Composite index.
On average, experts expect that the company profits from the calculation of the index Standard & Poor’s 500 in the last quarter fell by 3.9%. The previous week was expected to drop by 6.1%.
Among the reported companies in more than 80% of the profits were better than forecasts, but revenue in 55% of cases was below expectations.
The Dow Jones Industrial Average on Thursday fell 4.15 points (0,02%) – to 17863,43 item.
Standard & Poor’s 500 at the end of trading fell by 2.38 points (0.11 per cent), making 2099,93 item.
The value of the Nasdaq Composite over the day decreased by 14,74 paragraph (0,29%) – to 5127,74 item.
The volume of transactions amounted to about 7.3 billion shares, which approximately coincides with the average daily rate for the last three months.