The US stock market shows exceptional optimism

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The Russian stock market after a series of rapid growth may be slightly adjusted. Partial profit taking on issuers from different sectors may put pressure on the major indexes. Oil prices rose on Wednesday for the first time in three sessions, though concerns about the global economic Outlook has limited growth. Futures for WTI crude oil in US $of 53.74 per barrel, up 8 cents more compared to the last closing. International crude oil futures Brent was at $62,05 per barrel, which is 7 cents higher after closing.
Global economic concerns in recent days have a negative impact on market sentiment. Global supplies are shrinking. In terms of nervous market traders are focused on the words of Donald trump. However, the oil market is still in a consolidation phase, with prospects for further growth.
Russian oil and gas sector against this background, feels confident. The optimism of investors in respect of companies can increase the value of their shares. In particular, we are talking about “Gazprom” and “Gazprom oil”, which can be added is 1.2%, LUKOIL, is projected to grow another 0.8%. Rosneft may rise 1.5%, “Bashneft” and “Tatneft” – on average by 1.7%.
Wall street continued growth in the power of optimistic results of the companies Estee Lauder and Polo Ralph Lauren. A leader in the S&P 500 was manufacturer of cosmetics Estee Lauder, which jumped by 12.21%. After that, increase the value of shares of 8.98% occurred at Polo Ralph Lauren. Both the quarterly report exceeded expectations.
Technology companies also predict growth, which is evident, for example, according to the report Google. Boeing (NYSE: BA) has also helped the market, up 2% aircraft manufacturer said that it has invested heavily in developer supersonic aircraft business class Aerion.
After the tumultuous end of 2018, us stocks showed stellar dynamics: S&P 500 index and the Dow Industrials gained 9% and the Nasdaq 11%. This was facilitated by the recent dovish stance from the Federal reserve’s hopes for a trade deal between the United States and China, and positive season net profit in the fourth quarter. 71% of companies in the S&P 500 reported earnings that exceeded estimates. At the same time, expectations of profit growth in the fourth quarter of 15.8 per cent, and estimates for the first quarter is much lower – 0.4 percent.
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Gaidar Hasanov
Expert
“International financial center”