American shares decrease on weak ISM manufacturing index in March

Source: Dukascopy Bank SA
U.S. equities declined on Friday, as the American manufacturing index from ISM fell less than forecasted. The S&P 500 Index lost 0.45%, or 7.02 points, to 1,562.17, and traded slightly below its historical highest value. Humana Inc surged 8.6% to USD75.02, pushing the health care sector into the green zone, as the government announced an increase in a Medicare payment rate. Furthermore, GameStop Corp soared 6.4% to USD29.76, the highest value since 2009, as analysts predict the sales of video-retailer to advance. The company plans to introduce its new console models this year. Molson Coors Brewing Co followed with a 6.1% jump to trade at USD51.90. Alongside, NVIDIA Corp, an American technology company, and CONSOL Energy Inc, an energy company, lost 3.3% both to close at USD12.41 and USD32.53, respectively. General Dynamics Corp closed the top-three with a 3.35% plunge to finish at USD68.16, as the company won a USD100 million contract to supply the U.S. Army with projectile metal parts.
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