The US stock market will open higher, the oil maintains the indexes
The U.S. stock market may open positive trading on Tuesday amid rising oil prices and good reporting companies in the region.
US stocks rose the day before after an exit of reporting of a number of major companies. Thus, the company of Urrea Buffett’s Berkshire Hathaway reported operating profit grew 67 – up of $6.89 billion, which was better than forecasts of experts. And shares of PepsiCo gained almost 1% on news of the management change of the company.
Asian markets closed trading on Tuesday confident growth in the correction to the previous decline, triggered by worries about the escalation of trade conflict between China and the US. Most of the increase Tuesday was secured by the purchase of shares of construction companies.
In Europe, the growth of stock indices is mainly due to the positive reporting for the first half of the largest companies in the region.
Thus, the Italian banking group UniCredit increased its net profit by 15 percent to 2.1 billion euros. And the second largest Bank assets Germany Commerzbank in the first half were € 533 million in net profit against a loss of more than 400 million euros a year ago.
Positively affect the course of trading on the world markets and rising oil prices. Black gold rises in price after the entry into force of the first package of sanctions against Iran.
GK Forex Club