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Friday, March 16, 2012

Dow Jones closes seventh consecutive day in positive territory

Dow Jones closes seventh consecutive day in positive territory
Good news from the U.S. labor market spur the exchanges. Dow Jones, S & P and Nasdqaq continue their upward trend. Apple shares, however fell short of expectations.

The U.S. stock markets have continued their recent upward trend on Thursday. Good economic data from the domestic economy ensured that the Dow Jones and the seventh consecutive trading day ended with a gain. The final bell, he was up 0.44 percent to 13252.76 points and went on to its highest level since late 2007 from the market.

A record also broke the broader S & P 500 index. For the first time since mid-2008, he climbed back over the threshold of 1400 points. Ultimately, he won 0.60 percent to 1402.59 points. Friendly, it was also on the Nasdaq: The Composite Index gained

0.51 percent to 3056.37 points and strengthened the mark of 3,000 points, which he had skipped the last time in 2000. The selection index Nasdaq 100 rose by 0.24 percent to 2714.79 while points.

Good news from the labor market

There was good from the labor market in the U.S. reported: Initial applications for unemployment benefits had fallen in the past week more than expected, reaching its lowest level in four years. This was backed up from better-than-expected economic sentiment indicators.

Contrary to expectations, the mood of the manufacturing sector in the State of New York had brightened further in March. In addition, the business climate in the Philadelphia area was increased for the same month more than expected.

The peak in the Dow Jones climbed the day before as the title of Bank of America, which rose by 4.52 percent to 9.24 U.S. dollars upwards. Shares of JPMorgan were at a premium of 2.57 percent is the second biggest winner.

Outside the benchmark index, the shares of Goldman Sachs and Citigroup rebounded yesterday from their losses. They rose by 2.23 or 3.01 percent.

Apple in the center of attention

Worst performer in the Dow, meanwhile, were announced after a purchase of the shares of Cisco Systems. The world's largest network equipment manufacturers willing to take on a pay-TV solutions, specialized software company NDS. The purchase price includes debt of around five billion dollars. Cisco's shares subsequently gave around 1.39 percent, to $ 19.91.

In addition, Apple's shares once again drew attention to himself. In anticipation of the new iPad available starting Friday, they reached the commercial launch for the first time the mark of $ 600.

They turned then down quickly and gave it to the end by 0.68 percent, to $ 585.56. Previously, she had six trading days in a row and closed in positive territory won in the top since the beginning of almost half its value.

Guess shares slump from

Meanwhile, there were major losses in the shares of the retailer Guess, which sagged because of a disappointing outlook by slightly more than 10 percent. Also, an IPO was in sight: Shares of software maker Demandware soared by almost half to the top, after they were issued at $ 16.00.

The euro has recovered somewhat from its recent losses. The common currency cost in New York trading last $ 1.3089. Ten-year U.S. bonds, however, gave a 5/32 points according to 9714/32 counter. Your margin rose accordingly to the seventh trading day in a row and is now 2.288 percent, which means the highest level since October.

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