The past Monday began for the US stock market in different directions.

The profit of financial stocks was compensated by the fall in shares of Amazon and industrial companies on the background of investors' expectations of earnings reports of large companies in order to assess the impact of the trade conflict. According to the National Association of Realtors (NAR), home sales in the secondary market last month fell for the third month in a row, as the decline in the South and West exceeded the sales in the Northeast and the Midwest. Total home sales in the secondary market decreased by 0.6% to the seasonally adjusted level of 5.38 million units from revised 5.41 million units in May. With decrease in June home sales are now 2.2% lower than a year ago.

The next day the major stock indexes moved to growth after the strong quarterly results of Alphabet confirmed the expectations of a solid season of reports and triggered a rally of technological shares. The growth in quotations of the base materials sector also supported the overall upward movement. Investors drew attention to data on the country. According to statistics, house prices in the US rose by 0.2% in May compared with April, according to the housing price index from the Federal Agency for Housing Finance. The 0.1% increase in April was revised to 0.2%. Meanwhile, US private sector companies demonstrated a robust growth in overall business activity in July, supported by improved economic conditions and another sharp rise in new orders.

On Wednesday, the market continued to grow, responding to signs of easing tensions in US-EU trade relations after news of concessions from the EU, which reduces the likelihood of trading wars. In addition, there has been a steady rise in the technology sector and in the service sector. The Commerce Department reported that sales of new homes in the US fell by 5.3% in June, despite a tight housing market, where buyers are far superior to sellers. The sales of new buildings amounted to 631 000, which is less than the May revised figure of 666 000. The sales of new homes this year grew by 6.9%. The average selling price fell by 4.2% compared to the previous year and amounted to 302 100 US dollars.

On Thursday, the collapse of Facebook shares caused mixed market dynamics. Nasdaq went to the "red zone", but Dow Jones showed growth against the background of improving sentiment after the US and the EU said they would negotiate on trade.

At the end of the week indices met in the negative territory due to the collapse of the technology sector. Market participants closely monitored corporate reporting and statistics on the US. The US Department of Commerce reported that in the second quarter the economy grew at the fastest pace in the last four years, which was supported by a rebound in consumer spending, exports and investment of firms in business. GDP adjusted for seasonal fluctuations and adjusted for inflation increased by 4.1% q / q from April to June. Growth rates were the strongest since the third quarter of 2014. Meanwhile, the final results of research from Thomson-Reuters and the Michigan Institute showed that in July US consumers felt more pessimistic about the economy than in June.


Company news

10.07.2018 Trading on crypto-currency XRPUSD CFD-instrument is stopped. Read more ...
03.07.2018 The Summer will be HOT! Read more ...
02.07.2018 Changes in trading sessions on July 4, 2018, due to Independence Day in the United States. Read more ...
13.04.2018 Termination of the service "Trading with protection" Read more ...
11.04.2018 New CFD-instruments on cryptocurrency in Read more ...
Show all

Expert view

12.08.2018 Crypto-cons of the week Read more ...
12.08.2018 US stock market: from rise to fall Read more ...
12.08.2018 Saudi Arabia to influence the market Read more ...
05.08.2018 Bitcoin's fallen, but will rise Read more ...
05.08.2018 Fed to speak about strong economics Read more ...
Show all

Market news

Show all

The payment services are provided by Cauri LTD, 20-22 Wenlock Road, London, N1 7GU, UK, registered number 09507138
(check, Win Pay (check


Our services include products that are traded on margin and carry a risk that you can lose more than your initial deposit. The products may not be suitable for everyone - please ensure you fully understand the risks involved. There is a high level of risk involved with trading leveraged products such as forex and CFDs. You should not risk more than you can afford to lose, it is possible that you may lose more than your initial investment. You should not trade unless you fully understand the true extent of your exposure to the risk of loss. When trading, you must always take into consideration your level of experience. It is the responsibility of the Client to ensure that the Client can accept the Services and/or enter into the Transactions in the country in which the Client is resident. If the risks involved seem unclear to you, please seek independent advice.