Tag Archives: Nasdaq

Wall Street indexes slightly increased

Wall StreetWall Street indexes finished the session without single direction, as Dow Jones rose with 0.13% to 16,983 points, S&P 500 added 0.03% to 1, 979 points and Nasdaq lost 0.1% to 4,445 points.
The strong growth in today’s session marked the shares of utilities – an average of 1.46%. Follow telecoms with an increase of 0.46%. At the other extreme are companies from the construction sector, as a sector sub-index fell 0.5%. The gold futures for delivery in August remained unchanged in today’s session on the stock exchange in New York amid geopolitical risks. The price per ounce was 1,303.3 USD.
The experts explained that the price changes are minimal because of pent-up demand in China and India – the leading markets of the precious metal in the world.

Wall Street praised the withdrawal of Larry Summers

Larry SummersThe session on Wall Street ended with the rise of Dow Jones and S & P 500, after the person nominated by the US President Barack Obama’s successor to Federal Reserve Chairman Ben Bernanke – Lawrence Summers himself withdrew from the race for the post. The “Blue chips” added 0.77 percent to 15,495 points, led by shares of Boeing and General Electric, but the shares of Hewlett-Packard, Microsoft and Intel put the brakes on the meter. The index of 500 large companies did increase by 0.59% to 1,698 points. Only the Nasdaq ended the session with a fall of 0.11% to 3718 points. The index heavy stocks of Apple, which fell 3% after a report was published that the Chinese carrier gives a lower subsidy for new iPhone. Among the gainers were shares of Facebook, after Goldman Sachs raised its assessment of the price of the lot. Just this month, the company’s market value has increased by 8 percent. The market participants rely on Janet Yellen as a possible successor to Bernanke. They see it as closer policy that leads the current Fed chairman, and expect that it will withdraw liquidity from the economy rapidly.
“I do not think the markets were aware of exactly what the Fed chairman would be Summers, so after dropping out of the race things look more confident and relaxed”, said Colleen told Bloomberg accompanied, director of Osborn&Scarborough in San Francisco. “It seems that a possible reduction program for the purchase of bonds is now accepted by the market, so expect modest movements”, she predicted.

Financial reports supported the stock trading in USA

US InvestorsBetter-than-expected financial results erased negative sentiment that ruled in the last days the stock markets overseas. So investors forgot his fears of the publication of the transcript of the last meeting of the Federal Reserve. The document will be publicly available tomorrow.
“We have some very good financial performance of retailers. They simply show that consumers are not dead and things are moving in the right direction”, said a senior trader at NorthCoast Asset Management Frank Ingara quoted by Bloomberg.
The S&P 500 overcame four consecutive sessions of decline in value. The index ended trading with an increase of 0.4% to a value of 1 665.42 points. Negative sentiment wiped and Nasdaq. The value of the index reached 3 613.59 points at the end of the day. This represents an increase of 0.7 per cent compared to the closing level on Monday. Albeit with minimal change of 0,05% Dow Jones closed red territory. The index closed the session at 15 002.99 points.
The shares of Best Buy jumped over 10% after the company reported sales that exceed expectations. The profit for the second quarter of the largest retailer of consumer electronics has reached 266 million USD, compared to 12 million USD an year earlier. Company’s securities are traded at a price of just over 34 USD per share.
Among the best performing companies of the S&P 500 today is another company retail – Urban Outfitters. The company added about 10% to its market capitalization and ended the day with a price of about 44 USD per share.

Wall Street started the week with increases

Deal wall streetThe US stocks ended the first session with increases for the week as investors weighed weaker than expected economic data against potentially easing by the Federal Reserve.
“There are many signs of an economic slowdown, but do not know how this has affected the markets, since the actions of the Fed distorts everything”, said Joe Saluzzo from Themis Trading. “The investors need to be careful – a recovery in the market is not based on a solid foundation”. The index of 30 leading U.S. companies Dow Jones Industrial Average (DJIA) rose 0.9% to 15,253 points. S&P 500 rose 0.6% to 1,640 points, while the NASDAQ climbed 0.3% to 3,465 points.
The economic news of the day showed that manufacturing activity in the country unexpectedly shrank to 49 points in May, this is the first drop of 6 months after new orders fell, and demand for exported goods was less, according to the compilation by the Institute for Supply Management’s index. The expectations were for keeping the reported 50.7 points in April. The construction spending in April rose by 0.4% year on year by 861 billion dollars, said the U.S. Department of Commerce. Preliminary estimates, however, were for growth of 0.8%.

Wall Street started the week with small decreases

WallStreet indexesThe US stocks started the week with small decreases after the session reached new highs and amid fears that the Federal Reserve may reduce its program of buying bonds. The index of 30 representative U.S. companies Dow Jones Industrial Average lost 0.1% to 15,336 points. With so also decreased the index of the large companies S&P 500 (up to 1666 points) and technology-oriented Nasdaq (up to 3496 points). The broad Russell 2000 index surpassed 1,000 points for the first time in its history, nearly four months after it passed 900 points.
With no major economic news of the day investors focused on whether and when the Fed will start to decrease purchases of bonds. Topic caused a sensation last week after comments by John Williams and Charles Plosar – two of the leaders of the Fed who are against ultra expansionary monetary policy.
The investors will closely follow the report of the Head of the Federal Reserve Ben Bernanke before the Senate committee on Wednesday that can illuminate the central bank plans the program for the purchase of bonds. Earlier in the day the head of the branch of the Dallas Fed’s Richard Fisher, who is also a longtime opponent of bond purchases, said that the Fed’s program has supported the shares, but it is unclear whether it has done enough for the economy.
Yahoo shares rose 0.2% after the Internet company announced it would acquire Tumblr blog for 1.1 billion USD in cash. The deal is the largest purchase among social sites as Facebook Instagram bought last year for 1 billion USD.

US indexes finished the session with moderate increases

100 USDThe main US indexes closed near their highest levels recorded in today’s session, thanks to better-than-expected macroeconomic data and despite the statement of the Chairman of the U.S. Federal Reserve Ben Bernanke before the Commission on the banks of the Senate. Dow Jones advanced 0.84% ​​to 13 900.13 points, led by shares of Home Depot, rose 5.7 percent to 67.56 USD after the chain stores for home goods announced a program to buy back shares 17 billion USD and quarterly results exceeded analysts’ expectations and those of Intel, which added 1.7% to its value to 20.58 USD.
The Index Standard&Poor’s 500 won 0.61 percent to 1 496.94 points, with all its subsectors ended in positive territory, led by companies to produce materials and energy companies. Nasdaq Composite added 0.43 percent to 3 129.65 points. The Standard&Poor’s 500 and Nasdaq Composite even briefly took the loss after Bernanke did not provide much new information to impress investors. He defended the loose monetary policy of the central bank, disproving fears last week that the Fed can reduce the size of its program of buying bonds. He said the benefits of the stimulus to the US economy beyond the potential loss. The Fed Chairman also urged lawmakers to avoid sharp spending cuts in federal and state budgets, which should come into force on Friday as coupled with the cancellation of Fiscal concessions this year, it could create “strong headwinds” economic recovery.

US indexes are near 5-years high

NYSE indexesThe US indexes retreated slightly on Monday due unconvincing performance of energy companies and chains of retail sales. The S&P 500 lost 0.06% to 1517 points after eight of the 10 industry groups in the index ended the session in the red. Last week, the index rose 0.3 percent, indicating growth for the sixth consecutive week. The Dow Jones Industrial Average divided by 0.16% to 13,971 points. With the strong decline among blue chips ended the session retail chain Home Depot Inc, while the best performance noted pharmaceutical giant Pfizer Inc. Nasdaq Composite fell 0.06 percent to 3,192 points.
The US indexes are near five-year high and it raises the possibility that markets enter bear phase, say analysts.
“There is no news and the markets are on pause”, said Mark Lucia, chief investment strategist at Janney Montgomery Scott. The Goldman Sachs warned of global stock markets in the short term, having lowered its outlook to neutral for the next three months. Most of the Asian markets were closed for the holidays around the eastern new year and with it dropped another market catalyst, said Dan Griynhaus, global strategist at BTIG. The data for retail consumption on Wednesday will probably have a sensitive effect on the shares predicted Steven Englander by Citi. The only other catalyst for the next day’s annual speech State of the Union, which President Barack Obama will deliver Tuesday evening.

Wall Street remained cautious before elections

Wall Street bullThe US Investors remained cautious ahead of the presidential elections despite a better than expected employment data in the country. The Indexes started Friday’s session with growth following the publication of the report on employment, which revealed that in October were hired new employees more than expected – a sign of an increasingly sustainable recovery of the US labor market. Subsequently, however, the uncertainty surrounding the outcome of the presidential election and won market is dyed red. Dow Jones Industrial Average lost 0.3 percent to 13,193 points after first reaching a level of 13,289 points.
Insurer Travelers Cos. and Chevron Corp. exhibited the most severe losses among the blue chips. S & P 500 divided by 0.15% to 1,425 points by the least among the 10 industry groups in the index are presented mining and energy companies. Nasdaq Composite lost 0.32% to 3010 points.
The latest employment figures show that in October were employed 171 thousand new employees, which exceeded analysts’ expectations. At the same time the unemployment rate rose to 7.9 percent from 7.8 percent as a growing number of Americans looking for work.

Nasdaq Composite reached 12-year top

Nasdaq Composite topThe bulls on Wall Street continue to occur and dictate the rules in today’s trading session. This display is deemed to technology index Nasdaq Composite up 12-year high and the Dow Jones Industrial Average and S & P 500 reached its highest levels since 2008. The underlying growth rates of recent days is the hope that the leading central banks to take coordinated measures to encourage economic growth and support the financial markets.
Nasdaq Composite Index advanced by 0.66 percent today to 3,096 points – a value that is not reached by December 2000 so far. With a major contribution to growth is another record set of the shares of Apple – 674,88 USD in cash. In today’s session the S & P 500 moves up by 0.55 percent to 1,426 points. This index exceeds the highest value for this year, and with it came its level in May 2008. Since the beginning of August, S & P 500 was up nearly 3 percent. The volume of trade remains relatively low, as investors await the forthcoming meetings of the central bank before taking a final position.

New fears for Europe dimmed the mood on the Wall Street

Wall StreetWith minimal declines in the indexes kept trading on Wall Street. Less than an hour after the start of the session Dow Jones fell by 0.10% to 13,061 points, S&P 500 yielded 0.04% to 1398 points and the Nasdaq fell 0.06% to 3066 points. The resurgent fears of investors in the Eurozone and its ability to cope with the debt crisis. The reason – the yield on Spanish bonds, which reached their highest levels since the European Central Bank (ECB) dropped the first three years of cheap credit to community banks, currency. The yield on 10-year bonds of Spain reached 5.81 percent, which is the highest level since December 12th, 2011. To increase profitability and Italian bonds, for which again sparked suspicions that the effect of the actions of the ECB fade. Today we held a peaceful auction of French debt, but market participants are still tense because less successful auction of Spanish bonds yesterday. The good data on the labor market in the U.S. But so far do not allow a deeper decline in New York. The labor ministry announced that applications for unemployment benefits fell by 6 thousand to 357 thousand in the last week, their level remains at 4-year low, and they continue to reduce long-term unemployed in the United States.