Trading on the New York Stock Exchange ended on a strong growth

Trading on the New York Stock Exchange ended on Tuesday in the face of strong growth in the major stock market indicators. As , the index of Dow Jones - a crucial indicator of business activity in the U.S. - at the end of trading session, rose by 889.35 points or 10.88% to 9.065,12 points.

At the same time, the electronic stock exchange NASDAQ index rose 143.57 points or by 9.53% to 1.649,47 points. Index Standart & Poor's-500 rose by 91.59 points or by 10.79% to 940.51 points.

As the analysts at the bidders had an impact reports that the index of consumer confidence, which is one of the most important economic indicators slipped in the U.S. to a record low.

Based in New York, an influential research organization Conference Board, calculated the index, said today that he slipped in October to 38 points. This represents a 23.4 point lower than the previous month, when the index was 61.4 points.

Such a sharp drop in the index of consumer confidence was a surprise to experts from Wall Street, which had previously predicted a possible decline in the indicator in October, but did not think that it would be so significant. According to the forecasts of experts, the index would fall to 52 points. The index of consumer confidence - a key economic indicators in the U.S., which reflects the population's attitude to the economic situation in the country, Americans' confidence in the future and, accordingly, their willingness to spend funds for the purchase of consumer goods and services in the near term. U.S. economists have always been closely watching the behavior of the indicator, given that the activity of the U.S. economy about two-thirds depends on the mood of consumers.

In addition, there were reports that the Federal Reserve (Fed) U.S. may declare on Wednesday to lower the discount rate interbank loan from the current 1.5% to 1 per cent. According to experts, 1% - is the lowest rate since 2003. Such actions the Fed, analysts believe, will show that in the fight against financial crisis, the U.S. government is ready to take decisive action. Low bank interest rate makes loans cheaper for companies and consumers and thus can stimulate much-needed in the economy right now, although at the expense of inflation, experts note.