Moscow. December 30. U.S. stocks ended higher Tuesday trading, and is now showing growth since the beginning of the year in which there was one trading session, Bloomberg reported.
According to analysts, the pre-holiday optimism, providing financial markets “rally Santa Claus”, overcame the wariness of investors. Tuesday an additional advantage for the market sentiment was data on consumer confidence in the U.S. in December.
The consumer confidence index in the U.S. in the past month increased to 96.5 points, said research organization Conference Board, which calculates this indicator.
The indicator value for the previous month was revised from 90.4 to 92.6 per item. Analysts polled by Bloomberg, expected increase of the index to 93.5 points from the previously specified level.
“The whole year the market was affected by various factors, and the resulting indices would be much lower than the current level, – said managing Director of Wedbush Securities, Michael James. – Most traders just want to survive until Thursday and forget this year, which was a disappointment”.
Shares of high-tech companies Facebook, Amazon, Netflix and Google on Tuesday rose in price by more than 1.2%. Quotes Apple jumped 1.8%.
Paper manufacturer of auto parts Pep Boys jumped in price by 8.8% after billionaire investor Carl Aikan improved the offer to buy the company.
Capitalization of chemical company DuPont rose by 1.7%. The company has announced plans to reduce 1,7 thousand jobs in Delaware as part of a merger with Dow Chemical.
Sub-index consumer goods sector in the S&P 500 rose on Tuesday by 1.1%, retailers – 1.7%, of companies in health care – 1.2%.
Bank index KBW Bank Index rose 1%, the capitalization of Citigroup climbed 1.1%.
In addition, papers of oil companies advanced on the back of rising fuel prices. The market value of Chevron Corp. and Consol Energy jumped more than 4.7%.
The Dow Jones Industrial Average on December 29, increased by 192,71 point (1,1%) – to 17720,98 item.
Standard & Poor’s 500 rose by 21,86 paragraph (1,06%), to 2078,36 item.
The value of the Nasdaq Composite increased by 66,95 paragraph (1,33%) – to 5107,94 item.