Posts Tagged ‘U.S. indexes’

The service sector dropped Wall Street

Thursday, December 3rd, 2009

Woman BusinessThe serial news, which showed that the redundancies of employees in the U.S. decreased, increased U.S. indexes at the beginning of today’s session. Shortly thereafter, the indexes changed direction and brought up briefly in negative territory, mainly because of sell-offs in mining and energy sector. The reason for the decrease in quotations was news of a contraction in the services sector which is dominating the U.S. economy. The index of business activity in the service sector unexpectedly dropped to 48.7 points in November and thereby once again fell into the pessimistic zone below 50 points. Market analysts expect the value of the barometer of business activity in not-fabric sector rose from 50.6 points in October to 51.6 points in November. Most are decreasing the volume of new orders and employment in the sector continues to decline, albeit at a weaker pace. Shares of Bank of America Increase 1.5% to 15.89 dollars per share after the Bank’s management said it would return 45-they billion dollars owed to American taxpayers. Market capitalization of the banking giant has risen by nearly 13 percent since the beginning of the year. The index of the 30 largest and traded stock companies Dow Jones IA remained almost unchanged at a level of 10 461.6 points an hour and a half after the start of trading. Yesterday the index of blue chips was down by 0.2 percent despite the good economic forecasts of the Federal Reserve.
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Second serial weekly growth of Wall Street

Friday, November 13th, 2009

Bank ManagerDespite the uncertainly home, stock indexes in the U.S. rose by nearly 1 percent by the end of the last session of this week’s Wall Street. Investor confidence that the pace of economic recovery is gaining momentum, prevailed over the news of the sudden deterioration in consumer confidence in November. Dow Jones IA, which comprises 30 most-traded stock companies, added 0.7 percent to 10 270.5 points. The majority of companies in its stock rose today, but with the strong growth media distinguish Walt Disney, whose shares added almost 5 percent to 30.44 dollars, which is a record level last year. The reason for that became a surprise best financial results for the company’s third quarter. The strong performance of its television channels to compensate for decreased revenues from amusement parks and Walt Disney also released a profit of 895 million dollars for the three months to October 3rd. A broader index S & P 500 added 0.6 percent to 1 093.5 points, and Nasdaq Composite, which includes companies from the Stock Exchange Nasdaq, increase its value by 0.9% to 2 167.9 points. Technology and extractive companies are ranked among the most profitable, aided by the dollar’s depreciation against the euro. Since the beginning of this week’s Dow Jones IA has increased by 2,5%, S & P 500 – by 2.3 percent and the Nasdaq Composite has added 2.6 percent. This is the second consecutive weekly increase in U.S. indexes.
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U.S. indexes ended the week with decreases

Friday, October 2nd, 2009

NasdaqLast week proved to be win-win for U.S. indexes and bring them loss of around 2% over the previous Friday. The reason for this was a string of disappointing economic data, led to today’s report on the labor market in the largest economy in the world in September. He wavered investors about the pace of recovery in the U.S. economy because unemployment in the country has risen to 9.8 percent in September, the highest level in 26 years. Employers in the United States are abbreviated 263 thousand jobs in the past month, which significantly exceeded analysts’ expectations. Meanwhile, factory orders unexpectedly fell in August by 0.8 percent on a monthly basis, with expectations for a monthly growth of 0.7%.
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