U.S. indexes rose on Monday on 0,2-0,5%, futures cheaper Tuesday

U.S. stock indices on the basis of trading on Monday added 0,2-0,5% on expectations that the current head of the Federal Reserve System (FRS) Ben Bernanke will be re-elected for a second term, reported Bloomberg.

At the same time futures quotes on Jan. 26 show negative dynamics: the March contracts for SP 500 lost 1% and the Dow Jones - 0,76%.

"The good news today - that the chances to obtain the approval of Bernanke seems to have started on Monday morning is better than they were on Sunday night - said the chief global analyst at TCW Group Komal Sri-Kumar. - became negative data on resales of homes that showed that the housing sector remains under intense pressure. And I do not understand how the economy can avoid a second wave of recession if the housing situation does not improve.

sale on the secondary housing market in the U.S. in December fell by 16,7% - to 5.45 million homes at an annual rate. Thus, the decline was the highest for all time tracking index, which began in 1968. Analysts expect a decrease by only 9.8%.

Prospects

reordering B. Bernanke to the chairmanship of the Federal Reserve, be questioned because of the populist criticism from several senators, improved after the intervention of the White House, the data show the American media. Th1000e administration began an intensive campaign over the weekend in support of Mr. Bernanke, fearing that, if proposed by the President"s nominees will be let go this week by the Senate, it will undermine the credibility of Barack Obama and cause anxiety in financial markets.

"We believe that it will be approved," - said the spokesman of the White House, Robert Gibbs.

President "believes that the Fed chief will be approved," said another senior administration official, David Axelrod.

"He will be able to get support from both parties, and I expect it will be approved," - said Republican Senator Mitch McConnell. At the same time he clearly did not say he would vote in favor.

These news risen, in particular, shares of banks Goldman Sachs Group and Wells Fargo.

price securities AK Steel jumped 5.4% after the steel company earnings was better than analysts" expectations. Net profit in October-December totaled $ 39.8 million, or 36 cents per share, compared with a loss of $ 430.6 million, or $ 3.87 per share, for the same period in 2008. Interviewed by FactSet Research estimated profit of experts AK Steel at 20 cents per share.

Stock Quotes Intel rose 2.1% on expectations that the world"s largest chip maker, will benefit from the replacement of computers by consumers and companies after the lights went out in the new version of the operating system, development of Microsoft - Windows 7.

Index Dow Jones Industrial Average on Monday, rose 23.88 points (0.23%) - to 10,196.86 points.

Value

Standard Poor "s 500 rose for the day at 5.02 points (0.46%), amounting to 1,096.78 points.

Nasdaq Composite added up to the bidding 5,51 points (0,25%) - up to 2210.8 points.

Since the beginning of this year, Dow Jones decline is 2.2% and SP 500 - 1,6%. The Nasdaq lost in this year"s 2,6%.

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