Investors accepted the Fed optimism with caution, the US stock markets closed lower

Waiting for more significant increase of rates by the Federal Reserve System (FED) spooked investors, despite the optimistic forecasts for the US economy.
Immediately after the news about the increasing rates the major US stock indexes briefly switched to growth, but then resumed their decline and fell by 0.5-0.8%.
Dow Jones Industrial Average index on the session on December 15 fell by 118.68 points (0.60%) - up to 19,792.53 points. Standard & Poor's 500 was down by 18.44 points (0.81%) - up to 2,253.28 points. Nasdaq Composite lost 27.16 points (0.50%) and amounted to 5436.67 points.
Shares of financial companies fell by 0.6% on the news from the FED.
Oil and gas companies index fell by 2.1% following the decline in WTI oil prices by 3.7%, to $51.04 per barrel.
Stock price of Hertz Global Holdings Inc. dropped by 8.3%. CEO of the company John Teygen resigns from 2 January, he will be replaced by Kathryn Marinello.
Share price of analyst firm Neustar Inc. It jumped by 21% in trading in New York after the announcement of its purchase of a group of investors led by Golden Gate Capital for $2.9 billion.

European stock indexes rose on Wednesday after oil

European stocks finished the session in the growth on Wednesday. Driver of growth was the rise of shares of energy companies, caused by OPEC agreement for limitation of the production.
The composite index of the largest companies in the region Stoxx Europe 600 rose during trading by 0,3%, to 341.99 points.
The index of 50 largest enterprises of the euro zone Euro Stoxx 50 added 0.43%. The British FTSE 100 stock indicator rose by 0.17%, the French CAC 40 - by 0.59%, the German DAX - by 0.19%.
Prices of Brent crude for delivery in February soared on Wednesday by nearly 9%, to $51.55 for a barrel on news that OPEC agreed to reduce the collective production to 32.5 million barrels a day, starting from January next year.
Countries outside of OPEC will cut output at 600 000 b/d, and 300 000 b/d of them will fall to Russia.
Shares of Total SA (PA:TOTF) rose in price by 2,4%, BP Plc (LON:BP) - by 3,8%, Royal Dutch Shell - by 4%. The capitalization of the smaller European oil and gas company Tullow Oil (LON:TLW) and Saipem SpA increased by 13% and 10%, respectively.
However, the prospect of rising fuel prices led to a decline in prices for securities airline EasyJet Plc and Air France-KLM by more than 2%.
The contract value for most metals is reduced on Wednesday, due to which the capitalization of Anglo American Plc (LON:AAL) and Rio Tinto Group (LON:RIO) has decreased by 1.6% and 2.5%, respectively, at auction in London.
The market value of the German industrial gases producer Linde AG (DE:LING) increased by 1% on the news that its US rival Praxair Inc (NYSE:PX) resumed merger talks that could lead to the creation of a giant with $60 billion market capitalization.
Quotes of pharmaceutical companies Novo Nordink increased by 3.4% thanks to the good results of the clinical trials of its production of insulin.
Meanwhile, the price of securities of Royal Bank of Scotland fell by 1.4%. The bank failed the British Central Bank stress tests.

Dow Jones Industrial Average for the first time rose above 19,000 points

Indexes in Europe recorded gains supported by growth in the oil price and positivism overseas. The price of oil reached a month high today amid expectations that OPEC will agree to limit yields. The market continues to be sensitive to comments from OPEC members, but expectations for an agreement are growing, despite opposition from Iraq and Iran.
German DAX 30 ended with an increase of +0.27% at the level of 10713 points. Here the gains came from stocks of Thyssenkrupp who have added +2.85%, followed by Deutsche Telekom with a daily increase of +1.67%.
Britain's FTSE 100 rose by +0.62%, closing the session at 6819 points.
France's CAC 40 also ended at green area adding +0.41% to close at 4548.35 points.
Dow Jones, S&P500 and Nasdaq ended the session on Tuesday at record high levels. For the first time since March 1998 indices ended for second consecutive trading session, both reaching a record at once.
The data showed that existing home sales rose in October by 2% annual growth to 5.6 million units, the highest level in nine years and a half.
S&P500 also reached a record, rising above 2200 points, leading sectors are real estate and energy, recording daily growth of +0.22%. It closed at 2202.94 points.
Technological Nasdaq Composite added +0.33%, closing the day trading at a level of 5386.35 points.

Review of European financial markets for 17/06/2016

Following the trading session on Friday the major indexes in Europe showed the following results:
FTSE 100 - 6021.09, 70.61, 1.19%, DAX - 9631.36, 80.89, 0.85%, CAC 40 - 4193.83, 40.82, 0.98%.

Key stock indexes in Europe have shown plus at the end of trading session on Friday, thereby reducing the third consecutive weekly decline. Fears that the UK would go out of the EU, and the growth of the energy sector shares (after oil) were the main drivers of the day.

Stoxx Europe 600 (composite index of the largest companies in the region) has increased by 1.4%, after the election campaign for the exit of the Britain from the EU has been suspended due to the MP Joe Cox murder (Labour Party of Great Britain).

Overview of the stock. Europe
Leaders:
Volkswagen AG and BMW AG (DE: BMWG) have increased by about 2% and 1%, respectively, after the rise of the stock market as a whole.

Outsiders:
Ericsson AB (a Swedish company) - capitalization has shrunk by 1.5% after it was said in Ericsson that the company have received a request from the US authorities concerning its activities. Previously, it was known that the authorities hold an investigation on suspicion of corruption.

Randgold Resources Ltd. (The company is engaged in gold mining) - shares were down 4.6%. After strong growth in the beginning of the week quotations of gold, which was an asset of refuge for a few days, started a regular correction (fixation of profits).