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Archive | March 23rd, 2010

Timid beginning of the session of Wall Street

Cruide oil Gold trendsToday’s session on Wall Street began timidly with slight increases for the main indexes reached new highs for the past 18 months to the end of yesterday’s stock trading. Shares of extraction and cyclical companies perform best and brought out three U.S. index of positive territory despite news of the decline in sales of homes to their lowest level in nine months in February. Dow Jones IA, which unites 30 largest actively traded stock companies in the U.S., added 0.3 percent to 10 820.88 points and a half hours after the beginning of the session. The broad S & P 500 remained almost unchanged at a level of 1 166 points, having earlier climbed by nearly 0.2 per cent. On the Nasdaq Stock Exchange main index Nasdaq Composite also gravitates around the zero level of 2 393.55 points. All three indexes ended the session in positive territory Monday backed by shares in the health sector due to the adoption of health reform the House of Representatives to the Senate, cited by CNN. Shortly after today’s session it became clear that cold weather and snow storms in the U.S. in February decreased further activity in the property market, resulting in sales of existing homes decreased for the fourth consecutive month. They fell to 5.02 million residential units on an annual basis in February, which was their lowest level in nine months.
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