Monday, March 7, 2016

US exchanges closed mixed on the appreciated oil – RIA Novosti

MOSCOW, March 8th – RIA Novosti. Major US stock indexes on the basis of trading on Monday did not show uniform dynamics on the background to jump in oil prices and fears of investors about the state of China’s economy, according to trading data.

The industrial Dow Jones index rose by 0, 4% – to 17,073.95 points, NASDAQ index of technology companies fell by 0.19% to 4708.25 points, the index of wide market S & amp; p 500 rose 0.09% to 2001.76 points

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 oil. Archival photo

© AP photo / Hasan Jamali

on Saturday, the Chinese government has set the bar of the 6.5% GDP growth for 2016 in the range of up to 7%, for the first time without naming a specific target figure. At the end of 2015 China’s GDP growth slowed to 6.9%, the worst figure in the last 25 years. As the head of the committee on the reform and development of Xu Shaoshi, China’s economy will not make a “hard landing”, but the authorities should not underestimate the existing economic risks, which in 2016 will be more.

The total amount of China’s foreign exchange reserves in February decreased by 28.6 billion dollars – up to 3.2 trillion dollars, which was the minimum rate since 2011. The fall was slightly less than expectations of economists polled by Reuters, who had forecast a decrease of $ 30 billion

At the close of US stock exchanges for North Sea petroleum mix of mark Brent price of May futures rose more than 5.3% -. 40 78 dollars per barrel, the first time since December 2015 surpassing the mark of $ 40. April futures price for WTI crude oil increased by 5.8% – up to 38 dollars per barrel

“Oil has stabilized, and it allows you to improve the mood in the market as a whole”, -. Results Reuters words of a senior currency strategist Bank Wealth Management Sendvena Terry.

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