Friday, December 23, 2011

Wall Street rallies complemented by the rise in the light of positive economic data

Wall Street rallies complemented by the rise in the light of positive economic dataWhich supports the expectation that the recovery of the largest economy in the world
Completed U.S. stocks on Wall Street rallies gains during the middle of trading last trading sessions this week, following a rise in new home sales and higher demand durable goods today are better than expected, in addition to the decline in jobless claims to their lowest level since April of 2008 and rise in consumer confidence better than expected yesterday in light of the relative improvement witnessed by the world's largest economy in the whole sectors over recent times, which supports the expectation that the fact that the U.S. economy on the right track to recovery please him, knowing that this recovery may take more time.
And talk about the performance of U.S. stocks during the mid-session trading today, we have seen a rise in shares of AT & T Inc. Corp. By 0.9%, following approval by the U.S. company to buy the company Qualcom Inc., Increased share of Walt Disney, Bank and Bank of America rose 1.6% and 1.8%, to lead the rise in shares of companies and banks, the American giant.
The shares rose Rambus Inc. By 14%, after overcoming designed high-speed memory chips in disputes with Broadcom Corporation, and Verizon shares rose by 1.6%, while shares rose Tellabs Inc. By 3.5%, following the lifting of the U.S. assessed the company's shares to "neutral" as if by UBS AG.
On the other hand has dropped shares of Mead Johnson Nutrition Co. By 6.3%, following comments by the Food and drugs that investigations are still ongoing until next week to detect whether the dairy products dried by the American company to contain harmful bacteria that led to the death of the baby or not.
Get this for the dollar index, which measures the performance of the dollar against six major currencies including the euro and the Japanese yen and the pound sterling, which rose to currently trading at levels 79.94, with the highest level during the day at 80.06 since the opening of trading at levels of 79.83 and achieving the lowest level during the day at 79.73 .
On the other hand have stabilized gold prices near the levels of opening, where the trading currently at levels of 1,605.75 dollars per ounce, compared with the levels of the opening, which amounted to 1,607.23 dollars per ounce, as Astaqrat crude oil prices also near the levels of the opening of trading currently at levels of $ 99.68 U.S. dollars a barrel, compared to with opening levels, which amounted to $ 99.38 U.S. dollars a barrel.
As a result, all the shares rose in the U.S. to be more sectors in terms of adding points to the Dow Jones industrial average is the telecommunications sector and consumer services, as well as technology shares, respectively, while the index of the S & P 500, led by shares of the telecommunications sector and the sector consumer services, as well as technology shares.
This has made the Dow Jones industrial average rose by 94.91 points, or 0.78 percent to 12,264.56 points, while the index of the S & P 500 has increased the impact of 9.09 points, or 0.72 per cent to 1,263.09 points, rose NASDAQ Composite Index by 16.60 points, or 0.64% to reach 2,616.05 points. (Data recorded at exactly at 12:57 pm New York time).

Forex

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