Friday, June 19, 2009

Many Wall Street, Dow Finally Up


NEW YOR, KOMPAS.com - Stocks, U.S. stocks ended mostly on Thursday (18 / 6) local time, supported a series of economic data that is relatively supportive, because it suggest that investors carefully review the system of financial regulation.

Index Dow Jones Industrial Average rose 58.42 points (0.69 percent) to end at 8555.60, a decline in three days in succession.

Index dominant Nasdaq technology stocks ended almost flat, thin down 0.34 points (0.02 percent) to 1,807.72, while the index Standard & Poor's 500 to 7.66 points (0.84 percent) to close at 918.37.


After the weakening of the trade and move into positive territory in thin trading, Wall Street reject a movement back into the last end in the position of 'hujau'.

"More good economic reports estimates of the expectation recession will end this year," said Scott Marcouiller of Wachovia Securities.

Index indicators-the main economic indicators monitored carefully Conference Board research institutions, economic development projects in the upcoming months, up to two weeks time, respectively.

Manufacturing activity index in the central Atlantic from Philadelphia Federal Reserve, rose for the fourth consecutive month, in an unexpected sharp increase to a highest position since September.

Government's weekly report on initial unemployment benefit claims sending various signals. U.S. Department of Labor reported the increase is higher than estimated in new claims, but down on the staggering number of continued claims, down from the previous weekend in the highest position for this.

"This is still a high level of continued claims that confusing, but in this case, that qualified as news these days is relatively good, since the first sign of a decrease in claim 3 further in January," said Patrick O `Hare's Briefing. com.

Finance Minister Timothy Geithner on Capitol Hill Thursday, the manufacturer of shrimp maintain a survey plan carefully the rules as "important" in preventing financial crises in the future.

Stock-financial stocks that have been beaten on Wednesday by the plan and a decrease in the ranking of 22 banks by the S & P pemeringkat turn menguat.

Bank of America picked up 4.88 percent to 12.90 U.S. dollars, JPMorgan Chase rose 4.40 percent to 34.17 dollars and Wells Fargo menguat 2.64 percent to 23.70 U.S. dollars.

While ual, parent company United Airlines, had fallen 4.02 percent to 3.82 U.S. dollars after lowering the target labanya. And General Electric fell 1.47 percent to 11.97 U.S. dollars. In addition, technology stocks are also under pressure, Intel down 1.67 percent to 15.87 U.S. dollars, and Microsoft down 0.76 percent to 23.50 U.S. dollars.

Bonds fall

Unbalanced results (yield) on the bond measure of 10-year increase to 3.834 percent from 3.647 percent on Wednesday and the bond measure on the 30-year increase to 4.624 percent from 4.465 percent. Bond prices and yield move in the opposite direction.


thx to (KOMPAS)

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