Tag Archives: Wall Street

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.

Hesitant start to Wall Street after a series of losses

Wall Street indexesThe leading indexes on Wall Street started the trading session on Friday tentatively. The investors are still wary about the intentions of the U.S. Federal Reserve to reduce monetary stimulus.
Dow Jones Industrial Average rose 0.10% to 15754.42. The broader index S & P 500 was almost unchanged as inferior minimum of 0.01% to 1775.35. Telecommunications and energy companies represent the worst so far, while consumer goods companies – best among the 10 sector indexes. The technological Nasdaq Composite rose 0.11% to 4002.92 points. Producer prices in USA declined for the third consecutive month in November, despite signs of possible stabilization annually. To the Ministry of Labor of the United States showed that the index of producer prices has declined by 0.1% last month after falling 0.2% in October and that of 0.1% in September. Last Meter fell in three consecutive months at the end of 2012. The analysts believe that low inflation will force the Fed to keep the size of their incentives. Federal open market committee (FOMC) to the central bank will meet on 17-18 December to determine the future of monetary policy.

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.

Wall Street closed with slight increases

Wall Street indexThe US stocks closed with slight increases sluggish session at the start of the week amid mixed earnings reports and weaker than expected sales of existing homes. The index of 30 leading US companies Dow Jones is practically unchanged at a level of 15,546 points, the broader S&P 500 rose 0.2% to 1,696 points, while the technology-oriented Nasdaq rose 0.4% to 3 600 points.
“By next week there will be news from the Fed and the market will be driven by the season of the reports and news from Congress. Enduring auctions market can maintain current levels. To go up, you will need a good foundation”, said Brian Battle, vice president of trading at Performance Trust Capital Partners.
The gold reached a peak of nearly one year, breaking key resistance level of 1,322 USD per ounce, after concerns that the Federal Reserve will reduce monetary stimulus fade. The shares of gold mining companies rose, led by Kinross Gold, Yamana and Iamgold. The shares of the components of the Dow Jones McDonald’s fell 2.7% after the fast-food chain reported earnings and revenue disappointed after weak sales in Europe and Asia.

US indexes erased only part of yesterday’s losses

USA Wall StreetThe major US indexes registered strong increases in today’s session, erasing some of yesterday’s losses, after a series of better than expected economic reports choked fears of credit crunch in China. Further relief filed comments yesterday by representatives of the US Federal Reserve that the impact on the stock markets of a possible shrinking of the stimulus programs of the central bank may not be as hard as you thought.
“Overall, people are still trying to assess the bigger picture in terms of the Fed and the moment will start shrinking”, said Joe Bell, senior analyst for the stock market in Schaeffer’s Investment Research. “In the long term, we think the market will take up, but we are in a transitional period in which there is a lot of uncertainty”, says Bell. “Whenever high growing and cyclical stocks start to lead, we think this is a good sign for the overall market. Even in an environment of rising interest cyclical handle a little better”, he added.
Dow Jones rose 0.69% to 14 760.31 points, led by shares of Verizon, which have added 2.7% to its value to 50.44 USD and that of Bank of America, increased by 3% to 12.67 USD.

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.

Wall Street warned Washington to decrease the budget deficit

Congress spokesmanWall Street is sending a strong and unequivocal signal to Washington – cut costs and solve the deficit problem now, without raising taxes. Of conducted in January CNBC Fed Survey shows that 8 out of 10 analysts agree that USA should “urgently implement a plan to ensure the country’s sustainable budget deficit”. Only 20% believe the U.S. still have some time to implement such a plan or that do not need such a solution.
“The need for fiscal adjustment in the U.S. and Europe is compelling”, said Subod Kumar, Director Subodh Kumar & Associates. “The investors are probably not as confident as the current levels of bond and stock markets suggest”, he said. About 60% of analysts surveyed believe that the U.S. should “implement budget constraints this year.” Other economists recommend this to happen next year or in 2015.
Only 2% of respondents believe that the government needs to cut spending. “Clearly, at some point the financial markets will start to worry when our debt out of control”, said Scott Warren Wells Fargo Advisors. “As history teaches us, the markets can move from a state of euphoria in a state of panic within seconds”. Still, Wall Street sees no problem about the so-called budget gap by the end of the year. 86% of the analysts believe that Congress will raise the debt ceiling every time is reached.

US indexes are looking towards in the beginning of the session

Wall Street indexesThe main US indexes erasing gains from the beginning of the session after disappointing data on the housing market, but Caterpillar shares rose despite a relatively weak statement for the fourth quarter of last year. Dow Jones gave up 0.19 percent to 13 869.75 points, led by JPMorgan Chase, which decreased in value by 0.9% to 46.76 USD and that of Citigroup, fell 1 percent to 42.47 USD. The Caterpillar’s market capitalization is rising by 1.4% to 96.96 USD per share, although the company announced a profit of 1.04 dollars per share for the fourth quarter – well below analysts’ expectations of 1.70 USD per share, and its revenue also not justified forecasts. American International Group gained 0.8% to 37.00 USD per share. The index Standard & Poor’s 500 lost 0.29% to 1 498.65 points. Only the Nasdaq managed to maintain a small profit from 0.05% to 3 151.32 points. The outstanding sales of US homes fell by 4.3 percent in December on a monthly basis, the index shows the U.S. National Association of Realtors, while the expectations of analysts was for an increase of 1%. The orders for durable goods in December but rose by 4.6% – well above the 2 percent initially projected. For capital expenditure increased from 0.3% – a welcome increase, provided that the balance sheets of the US companies have expanded to 1.8 trillion USD, investors stalk for new signs. The investors do this year is 55 billion USD invested in mutual funds linked securities, a record for the period, according to market research firm TrimTabs.

Technology stocks posted strong growth in today’s session of Wall Street

USD Cash moneyWith increases in the indexes ended today’s session on Wall Street. At the end of trading Dow Jones rose by 0.49% to 13,779 points, S & P 500 rose 0.16% to 1495 points and the Nasdaq added 0.34 percent to 3,154 points. The technology stocks have made outstanding performance in today’s session. Lots of Apple rose nearly 2 percent as investors look forward to the financial statements of the company. The analysts fear that the technology giant may decline in net profit during the first quarter of the financial year for the first time in ten years. Nearly a year since replaced Steve Jobs, Tim Cook faces serious obstacles such as rising costs of production and increasing competition in the market. With more than 5% shares rose on Google, after the company reported strong profit growth. An increase of more than 4 per cent registered shares of IBM once again for good financial statements of the company. The shares of Advanced Micro Devices (AMD) recorded a growth of nearly 11%, although the company’s financial result deteriorated more severely than expected. Besides the reporting season, the attention of investors again fell budget negotiations in the U.S.. House of Representatives postponed temporarily solve debt problems by adopting a compromise bill to raise the debt ceiling. By mid-May, Washington can safely borrow. If no agreement is reached then the budget, however, will have to find another way to raise new interim debt ceiling. The clients say fiscal health of the United States is among the biggest threats to the global economy. The results of a study of information among investors Agency show that about half of them are ready to cut their investments if they broke severe budget battle.