The US stock market was supported by oil and financial sector
Index Mosberg tries to continue its strong growth with the opening of trading. In the second half of day the market will influence effluent data for futures contracts on crude oil. The global oil market continues to support Russia. Oil prices traded above $72 a barrel and not going to decrease.
In this regard, the domestic oil and gas companies will be extremely relevant for the trading day. “Gazprom” will grow by +1,4%, “Gazprom oil” – on +2,3%, “Rosneft” – on +1,3%, “Tatneft” could rise by +1,7%, “Bashneft” – on +1,5%.
Traditional auction conducted by the Ministry of Finance of the Russian Federation on placement of OFZ can attract additional capital investors. On the background of calm from the West, the threat of new sanctions against Russia is minimal. As for the shares, RUSAL, X5 Retail Group, “UWC”, “ICB”, NOVATEK, Magnit, MTS at an average increase of 3.1%.
US stocks rose after the close on Tuesday – helped in this sector, basic materials, oil & gas, and Finance. At the close of the NYSE industrial index Dow Jones Industrial Average rose 0.26% to a new 6-month high, while the S&P 500 index gained 0.05% and the NASDAQ Composite index and 0.30%.
Qualcomm (NASDAQ: QCOM) on Tuesday won a major victory in large-scale litigation with Apple (NASDAQ: AAPL). Qualcomm shares jumped 23% to $70,45. During regular trading the greatest growth over the past 19 years. The company entered into a license agreement for 6 years, Apple is also obliged to pay a certain amount – though specific figures were not disclosed.
Since Qualcomm supplies chips 5G, and Intel still develops them, this deal helps Apple in fight against Samsung Electronics (005930.KS) and other manufacturers have phones that are already operating in faster networks. On Tuesday, Intel said that going out of business modems and focus its efforts on 5G on other devices such as network equipment. Intel shares rose 2.7% to $58,25.
__________________ Gaidar Hasanov
“International financial center”