On Friday, August 7, the stock market of the United States in the first half of trading session, rising steadily against the background of published statistics on the labor market in excess of projections. Commodity prices are rising and the dollar strengthened.
The unemployment rate in July was 9.4%, ie at 0.1% lower than in June, compared with a forecast of 9.6%. Employment in non-agricultural sectors declined less than expected, the working hours of the expectations rose, while average hourly wages rose stronger projection.
By 20:03 AM EDT index broad market Standard Poor's 500 traded increased to 1.6% at level of 1013.04 points, the indicator blue chip Dow Jones Industrial Average rising to 1.44% to a level of 9389.95 points, and the index of high-tech industries Nasdaq Composite traded in the black at 1.61% on the mark at 2,004.83 points.
insurer AIG Shares traded in the black at 18.25%, and the week the market capitalization of the company almost doubled. AIG reported a profit for the second quarter of $ 2.57 per share, surpassing forecasts.
manufacturer of digital media processors at Nvidia advanced 5.6% after it issued its forecast for sales in the third quarter, exceeding the average Wall Street expectations.
the country's largest residential-construction company DR Horton added 7.5% after analysts Goldman Sachs Group added its shares to its list of definitely buy. Shares operator American Express credit cards are increasing in price by 4%.
media company CBS flew to the bid by 21% after the publication of financial results that surpassed Wall Street expectations. By the way, CBS is the last season was the only broadcasting company that has managed to increase the number of visitors. For release reporting followed the recommendations of certain related companies for the purchase of shares of CBS.
the world's largest online recruiting company Monster Worldwide advanced 7.8% due to improved statistics on the labor market.
From the area of anomalous downs - the fourth-largest mortgage insurer PMI Group in the United States collapsed at 21.3% after publication of the eighth consecutive loss against a background of growing defaults on loans.
The second-largest bond insurer Ambac Financial Group collapsed to 21.7% after a reported quarterly loss of $ 2.4 billion
United States: the indexes react in the glimmers of positive labor market
On Friday, August 7, the stock market of the United States in the first half of trading session, rising steadily against the background of published statistics on the labor market in excess of projections. Commodity prices are rising and the dollar strengthened.
The unemployment rate in July was 9.4%, ie at 0.1% lower than in June, compared with a forecast of 9.6%. Employment in non-agricultural sectors declined less than expected, the working hours of the expectations rose, while average hourly wages rose stronger projection.
By 20:03 AM EDT index broad market Standard Poor's 500 traded increased to 1.6% at level of 1013.04 points, the indicator blue chip Dow Jones Industrial Average rising to 1.44% to a level of 9389.95 points, and the index of high-tech industries Nasdaq Composite traded in the black at 1.61% on the mark at 2,004.83 points.
insurer AIG Shares traded in the black at 18.25%, and the week the market capitalization of the company almost doubled. AIG reported a profit for the second quarter of $ 2.57 per share, surpassing forecasts.
manufacturer of digital media processors at Nvidia advanced 5.6% after it issued its forecast for sales in the third quarter, exceeding the average Wall Street expectations.
the country's largest residential-construction company DR Horton added 7.5% after analysts Goldman Sachs Group added its shares to its list of definitely buy. Shares operator American Express credit cards are increasing in price by 4%.
media company CBS flew to the bid by 21% after the publication of financial results that surpassed Wall Street expectations. By the way, CBS is the last season was the only broadcasting company that has managed to increase the number of visitors. For release reporting followed the recommendations of certain related companies for the purchase of shares of CBS.
the world's largest online recruiting company Monster Worldwide advanced 7.8% due to improved statistics on the labor market.
From the area of anomalous downs - the fourth-largest mortgage insurer PMI Group in the United States collapsed at 21.3% after publication of the eighth consecutive loss against a background of growing defaults on loans.
The second-largest bond insurer Ambac Financial Group collapsed to 21.7% after a reported quarterly loss of $ 2.4 billion
Bankers admit devaluation of hryvnia for Interbank to 8,2-8,5 UAH /USD until September
By the end of August, the RTS index might reach the level of 1150-1200 points, as the price of oil brand - $ 70-80 per barrel
After the positive results for labor market volatility in the foreign exchange market has increased dramatically: a pair eur /usd fell below 1.43, which led to the Drawdown quotations oil
At the end of the trading the MICEX currency market the U.S. dollar at the ETC in the calculations tomorrow was 31.5995 rubles. the dollar (at 1.254% over the course of Thursday)
Experts expect growth in the U.S. economy later this year, differ about the 2010
The chances for further growth of Russian stock indexes remain higher
Europe: the good statistics from abroad knocked on the door
Ruble wants to become the currency by a Ministry of Finance of Russia
United States and Canada are looking for oil in the Arctic