In the US, the Dow Jones reached a record level

© AP Photo / Richard DrewФинансовый specialist stock exchange during operation. Archival photoIn the US, the Dow Jones reached a record level© AP Photo / Richard Drew

 

Main US stock indexes on Wednesday have mostly declined, but the Dow Jones reached a record level, according to the auction.

Dow Jones industrial average rose 0.16% to 26252,12 points, the index of high-tech companies NASDAQ was down by 0.61%, to 7415,06 points, the index of wide market S&P 500 was down 0.06% to 2837,54 points.

Earlier Wednesday, Treasury Secretary Steven Mnuchin announced at the world economic forum in Davos that don’t care about the depreciation of the U.S. currency. According to the Minister, a weak dollar is favorable for US trade in the short term. The weakening us dollar has a positive impact on the stock price of companies in the region, as it increases their profits in local currency.

The number of transactions for the sale of housing on the secondary market of the country in December fell by 3.6% compared with the revised index Nov — to 5.57 million. The expected decline by 1.6% to 5.72 million from an initial reading of November to 5.81 million transactions.

Meanwhile, some analysts explain the decline a correction after record growth earlier. «In fact, the S&P 500 index this month rose more than 6%, and there are no signs of a slowdown,» said analysts Voya Investment Management, Doug Cote (the Cote Doug) and Catherine Cavanaugh (Karyn Cavanaugh).

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