Financial markets survey 19.05.2014

The American equity market started the previous week from rapid growth, which gave hopes that traders will finally be able to enter the bullish trend. On Tuesday, 13 May, the S&P 500 Index set a new historical recordhigh, closing at 1,897.45 points and rising above 1,900 points during the trading session.

American investors were satisfied with corporate reporting results for the first quarter of 2014. Out of 454 companies included in the Standard & Poor’s 500 Index that published their statements at that time, 76% exceeded expectations of analysts in terms of profits and 53% - in terms of proceeds. However, optimistic moods of investors did not last long. One cannot say that statistical data that came in over the following days was too bad. Rather, they were not good enough to support optimistic moods among investors.

Financial markets survey 19.05.2014