USA / quiet session on the stock exchange, the market is waiting for the season results – Virtual Poland

Tuesday’s session on Wall Street for most of the day under the sign of growth. Good mood in the market is a result of expectations that the Fed will refrain from rate hikes at subsequent meetings. At the end of trading, however, come to the fore selling shares.

At the close of the Dow Jones Industrial fell by 0.03 per cent., To 17,875.42 points.

S & amp; P 500 lost 0.21 percent. and amounted to 2076.33 points.

Nasdaq Comp. fell by 0.14 per cent. and amounted to 4910.23 points.

“Investors are waiting for the presentation of the quarterly results season. The market is concerned that the results show the weakness of the companies in the first quarter,” – said the Lance Roberts, an investment strategist STA Wealth Management.

On Wednesday, after the session results for the first quarter of this year, the supply of aluminum producer Alcoa company, thereby starting the season unofficially presentation of financial results for the first three months of 2015 the United States. From the survey conducted by Bloomberg suggests that analysts foresee a decline of profits in the first three months of this year by 5.8 percent. yoy.

Not all analysts, however, pessimistic look at the upcoming season presentation of quarterly results. According to Jonathan Golub, chief strategist for. US stock market in the RBC, the poor performance of the fuel industry will show where the results will affect negatively hard fall in oil prices, from the other sectors, however, are possible positive surprises.

“I think that further increases in the stock market in the US will allow earnings. In my opinion they are much better than current expectations. The results in the fuel sector will remain weak, the results of other sectors will be much better than the current consensus is assumed market “- said Golub on CNBC.

The S & amp; P 500 gained 0.7 percent on Monday. Analysts sources of growth in risk appetite earlier this week in a speech perceive branch chairman of the New York Fed, William Dudley, who on Monday said that the process of interest rate hikes in the US will run slowly.

The dovish tone also commented chairman of the Atlanta Fed, Dennis Lockhart. He believes that the apparent weakness in the US economy in recent years has a rather temporary nature. In his opinion, the increase in US interest rates, however, are rather inappropriate for two consecutive meetings of the Fed.

Another information as to the intentions of the Fed this week will provide investors with the records of the March FOMC meeting, which the market will know on Wednesday. Fed in March said that since the June meeting will begin to consider the interest rate increases. Whether or not you do decide, however, will ultimately depend on the quality of macroeconomic data, including employment rates.

On Friday strongly disappointing data from the US labor market. Shown an increase in employment in non-agricultural sectors in the US in March by 126 thousand., While the market assumed that employment will increase by 245 thousand. Market weak data interpreted as a signal that the Fed will not be in a hurry to tightening monetary policy, and it decides to raise interest rates sooner than after the holidays.

The Fed is likely to increase interest rates in September – BlackRock, analysts estimate. In their view, the forthcoming increase in US interest rates and a decline in the profitability of US companies at the beginning of this year will be negatively translated into results of the US stock market indices.

“Falling expectations for profit is partly attributable to a clear slowdown in the US economy. We expect that growth will accelerate in the second quarter, the US should allow the central bank to raise interest rates fall, probably in September. The increase in short-term feet, however, does not translate into an increase in long-term interest rates “- wrote in a commentary BlackRock chief investment strategist Russ Koesterich.

The company gained on Tuesday, shares of FedEx shipping. From achieving the company announced the agreement, according to which FedEx courier will take over the Dutch company TNT Express for 4.4 billion euros in cash.

lost shares of General Motors. The Canadian government has announced that it is selling its shares of the American car manufacturer, which are worth $ 2.7 billion.