Financial News and Economical Crisis

 

Wednesday, December 30, the main American stock market indexes finished trading at a slight plus. The Chicago index of business activity in December reached 60 points, the maximum value from January 2006, while the expected reduction rate of 56.1 points to 55 points. Such optimistic macroeconomic data once again reminded investors of the possible decommissioning of an enabling policy, which currently holds the U.S. Federal Reserve.

According to the Energy Information Administration (EIA), oil last week fell by 1.5 million barrels to 326.0 million barrels. Analysts expected indicator decrease by 2 million barrels.

As a result of trades barometer of blue chips “Dow rose 0,029% to a value of 10 548.51 points, more” broad “SP 500 index rose by 0,020% and achieved a mark 1126.42 points. Rate with a large proportion of high-tech stocks Nasdaq added 0,126% to the value 2 291.28 points.

Shares Apple “recovered” at 1,2%. Analysts Kaufman Brothers raised the valuation of securities handset manufacturer players iPods and iPhones from $ 235 to $ 253, citing the fact that the company will probably have to sell a record 9.5 million iPhones in this quarter.

Quotes Nvidia jumped 3.6% after the experts Kaufman Brothers raised their recommendations on the securities of graphics processors to “hold” to “buy” on the background of expectations of increased profits in 2010 due to increased demand for personal computers.

Pfizer market capitalization decreased by 0,3%. The world”s largest producer of medicines stopped testing an experimental drug for lung cancer after the Office of the Food and Drug Administration in the United States stated that the reported drug does not increase the survival rate of patients.

Equity Office Depot and Macy”s lost 4,93% and 2,44% of the value, respectively, leading the drop in market retailers, amid fears of downsizing the U.S. Federal Reserve enabling policy in the near future.

The dollar strengthened its positions against the euro and Japanese yen. Crude oil futures for February delivery went up by 41 cents to $ 79.28 a barrel, a fixed-term contracts for gold for February delivery fell $ 5.60 to $ 1 092.50 per troy ounce. Yield ten-year Treasury bonds fell from 3.80% to 3.79%.

USA: the market finished the week by a wave of euphoria
World stock markets: News from China was the main reason for the reduction indices
World stock markets: the bulls have tempered his enthusiasm, but maintain a presence
World stock markets: “bulls” so far managed to keep the position
World stock markets: in 2010 started with a bullish note
USA /Europe /Latin America /Asia: encouraging annual results helped to start the new year with optimism
Asia: finishing segment performed
ETF international markets: the crisis has brought incredible profits
Latin America: the Chilean market does not become a leader for the year