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US stocks remained level after poor results in retail sales

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American stocks maintained levels, although data on retail sales in the US reported disappointing figures.

Dow Jones Industrial Average and S & P 500 traded around the flatline-old, while Nasdaq grew after technology stocks, including Apple and Microsoft posted an increase.

The Dow fell by 7.74 points, or 0.04% to 18 060.47 points. S & P 500 fell 0.64 points or 0.03% to 2 098.48, while the Nasdaq rose 5.5 points to 0.11% and the price of 4 981.69 points.

According to Ben Pace, retail sales support his thesis, he commented earlier that the Fed probably will not raise rates this year. According to Pace, "technology stocks with good preconditions for new increases'

"Shares could unleash a lot more, which makes me feel upset," said Paul Nolte, PROJECTS manager Kingsview Asset Management.

Yields on 10-year oblikatsii rose to 0.72%. "The rise in bond yields is not a problem for the stock market in general, but the rapid rise may be a catalyst of pressure," said Stephen Friedman, CIO Department of strategic investment in UBS Wealth Management Americas. He added that he believes the 10-year bonds will reach 2.4% in the next 12 months.

Deutsche Bank changed in Microsoft shares "buy" instead of the current position "hold", the reason is that investors have increased their entusiyazmat to the PC market and products, such as Office 365.


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