Prior to opening the bidding on the NYSE futures on U.S. stock indexes moved in the negative area

Prior to opening the bidding on the NYSE futures on U.S. stock indexes moved in the negative region, came under pressure after weak quarterly reporting of aluminum producer Alcoa.

After the end of trading session the day before Alcoa reported a loss on the basis of I quarter of $ 497 million or U.S. $ 0.61 U.S. per 1 share. Over the same period last year, Alcoa received a profit of $ 303 million or U.S. $ 0.37 U.S. per 1 share. Excluding discontinued operations, the company losses amounted to U.S. $ 0.59 per share to 0.57 dollars projected by analysts.

Analysts Merrill Lynch confirmed the recommendation on shares of Alcoa at the «lower than the market», said a deterioration of basic indicators of the company. During the trading in Frankfurt, shares of Alcoa cheaper by 1.9%.

On Wednesday quarterly reporting companies will provide retailers Family Dollar Stores, and Constellations Brands.

In the afternoon, futures on stock indexes developed to improve the United States after reporting homebuilding company Pulte Homes of intent to acquire its smaller rival Centex, which will create the largest United States construction company operating in the market of residential real estate.

Purchase will be made through the exchange of shares: 0,975 shares of Pulte Homes for 1 share Centex. In value terms, offer a 35% premium to the closing price of shares in Centex Tuesday. The total transaction value is estimated at 3.1 billion dollars, including responsibility for the Pulte Homes Centex debt amounting to 1.8 billion dollars in the new combined company shareholders Pulte share was 68%, the proportion of shareholders Centex - 32%.

In the field of view of investors may be shares of insurance companies after the message Wall Street Journal about the decision of the U.S. Treasury to expand the program of financial support for the insurance sector.

An additional positive factor for the market could be voted on in the Securities and Exchange Commission on the U.S. re-imposing the ban on short selling of shares of leading companies in order to prevent a sharp fall in stock indices.

Message avtokontserna German Daimler expected gradual restoration of income in 2009, after «significant loss» in the quarter I can support the actions of American automakers. Analysts Goldman Sachs upgraded the recommendation on Daimler shares to «neutral» to «buy».

By 16:10 Moscow time on May futures mark WTI crude oil reached 48.08 dollars per barrel. 49.15 against the U.S. prior to the closure of Nymex. In European electronic trading the contract dipped in oil was moving in the price range 47.37 - 48.5 USD

At 18:00 Moscow time data will be published on the U.S. wholesale inventories for February. Analysts forecast a decline to 0.5% after a decrease of 0.9% in January.

At 18:30 Moscow Time Energy Information Administration (EIA) published by the Ministry of the U.S. weekly report on oil and petroleum products in the country. According to the median forecast of analysts polled industry consulting firm Platts, last week, commercial stocks of crude oil in the United States rose by 2.3 million barrels., Gasoline stocks fell by 1.5 million barrels., Stocks of distillates fell by 0.6 million barrels.

At 22:00 PM IST will be published the minutes of previous meetings of the U.S. Federal Reserve open market, following which it was decided that maintaining the federal funds rate in the range 0% - 0.25%, as well as the beginning of the purchase of treasury bonds Fedrezervom as part of a strategy of quantitative easing to reduce rates in the market of consumer lending.

On Wednesday, U.S. Treasury will hold an auction on placing of coupon bonds amounting to U.S. $ 59 billion, including the sale of three-year notes at a record sum of 35 billion U.S. Federal Reserve intends to purchase the notes in the amount of $ 2.53 billion