Posted on 27 May 2010. Tags: Dow Jones IA, high speed, homes, Increase trend, investors, session, speed, US Indexes
Today’s session began on Wall Street with strong increases in the indexes in line with the positive wave that swept and securities markets in Asia and Europe. Investors welcomed the better than expected sales figures for new homes and orders for production of durable goods in the U.S., which showed the economy recover. Before the start of stock trading today showed that new orders for the production of durable goods in the U.S. jumped 2.9 percent on a monthly basis in April, which was twice as high as expected. The reported growth also is fourth in the last five months, which predicts greater activity in the manufacturing sector of the country. Even more encouraging were the data on sales of new U.S. homes last month, which increased to 504 thousand housing units annually. This is 15% above the March level and their highest value in the past two years. Sales of new homes are leading indicator for the state of the economy and consumer attitudes. The index of the 30 largest U.S. stock market liquidity and Dow Jones IA companies increased by 1.3% to 10 170.87 points and a half hours after the start of the session. The broader S & P 500 advanced at the same time with 1.2% to 1 086.73 points and Nasdaq Exchange main index Nasdaq Composite rose by 1.6% to 2 246.96 points.
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Posted in USA Finances
Posted on 15 April 2010. Tags: Dow Jones IA, Exchange, General Electric, Nasdaq, quarter reports, Wall Street
Friday’s session began with reductions for the main indexes of Wall Street, although two of the companies in the Dow Jones IA – General Electric and Bank of America, announced better than expected financial results for the first quarter. Data on housing in the U.S. in March, which came out before the start of the session also proved to be much better than forecasts. However, the index of the 30 largest stock exchange and frequently traded companies Dow Jones IA decreased by 0.5% to 11 093.33 points and a half hours after the start of the session. The broad measure of stock S & P 500 lost 1 percent to 1 200.61 points and the index of companies by the exchange Nasdaq – Nasdaq Composite, decreased by 0.8% to 2 496.73 points. Session on Thursday brought minor changes to the index after three disappointing news for initial unemployment and industrial production. Shares of industrial conglomerate General Electric dropped by 2.4 percent to 19.03 dollars on the New York Stock Exchange after the company reported 18 percent drop in profit for the first quarter to 2.3 billion dollars, or 21 cents a share. Analysts had expected a smaller profit per share of 16 cents. The largest U.S. bank Bank of America, in turn, said it issued a profit of 3.2 billion dollars for the first three months of the year, or 28 cents a share. This was three times more than market forecasts, but shares of the bank dropped by 3.6 percent to 18.75 dollars on the New York Stock Exchange.
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Posted in USA Finances
Posted on 23 March 2010. Tags: Dow Jones IA, session, shares, Timid beginning, Wall Street, Wall Street session
Today’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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Posted in USA Finances