Tuesday, April 7, 2009

In early trades on the NYSE leading U.S. stock indexes lost about 1.5%

In early trades on the NYSE U.S. stock indexes lost about 1.5% against a background of negative dynamics of the shares of commodity and industrial companies.

Statement by the investor-billionaire George Soros that the previous rally was just a correction in the framework of «Bear» trend reinforced pessimistic mood in the market.

By 18:50 Moscow time the action of aluminum producer Alcoa reduced by 3.5% in anticipation of the publication of a quarterly reporting after the closing of tenders.

Shares of construction equipment manufacturer Caterpillar desheveyut at 4.4%.

Against the backdrop of lower oil prices shares of oil company Exxon Mobil lost 2.4%.

Better the market shares are the banking sector, restore the original loss.

Paper Citigroup added 3.7%, shares of Bank of America increased by 0.4%.

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