U.S. stock indices on Thursday demonstrated a moderate increase of news on the acquisition of hedge-fund billionaire John Paulson bank assets and exceeded analysts' expectations of quarterly results of retailer Wal-Mart Stores Inc., reported Bloomberg.
Quotations
commodity securities companies improved after rising prices for oil and metals.
Trades futures on Friday reinforced the optimism: the September contract on the Dow Jones Industrial Average to 8:39 did not change, futures on the Standard Poor s 500 by 8:34 PM EDT climbed to 0.2%.
value of shares Bank of America jumped on the results of bidding for 6,7% - to $ 17. Belonging Dzh.Polsonu Credit Opportunities Fund, which in 2007 made a bet on the decline in mortgage bond market and thus increased its assets to almost six times, has acquired 168 million shares of Bank of America in the second quarter of 2009, according to data controllers. Hedge-Fund is currently the fourth largest shareholder in the bank stakes.
Credit Opportunities Fund also acquired 35 million shares of regional bank Regions Financial Corp., the paper which went up on Thursday at 7.9% - to $ 5.20.
Against this background, stock prices of financial companies on the NYSE on Thursday rose by 1,3%.
Shares Wal-Mart Stores Inc. increased in price by 2.7% - to $ 51.88.
the world's largest retailer, increased profit in the second fiscal quarter and the improved outlook for the year. Profit from continuing operations of the company in May-July was $ 3.45 billion, or 88 cents per share, which corresponds to the upper boundary of the projection of the past quarter, which stood 83-88 cents per share. Analysts on average forecast profit of Wal-Mart at 86 cents per share.
Leading aluminum producer Alcoa in the United States on Thursday showed the fastest growth in the index Dow Jones Industrial Average - its shares went up by 5.8%, to $ 13.71.
index of six non-ferrous metals added 3.6% at auction in London on Thursday, copper went up in New York at 3.2%.
Oil futures for September on Thursday added $ 0,36 - to $ 70.52 a barrel.
Index Dow Jones Industrial Average rose for the day at 36.58 points (0.39%) - up to 9398.19 points.
Standard Poor s 500 added 6.92 points (0.69%), amounting to 1,012.73 points.
Nasdaq Composite index rose for the day at 10.63 points (0.53%) - up to 2,009.35 point.
The course increased dollar purchases - the morning review of cash markets
Experts: Price of Oil WTI could decline due to increases in stocks at weak demand
Magna has waived the full utilization of intellectual property Opel
Future punish
Asian shares expensive on Friday following the rise in metal prices
Desheveet euro on Friday in anticipation of weak statdannyh on consumer prices in the euro
The very fact of reducing the volatility suggests that during the market life back on track
Judging by the mood among investors, a growing trend in the American market is unlikely to be interrupted in the next few days
The banking sector will look better than the market, the paper's oil and gas sector are unlikely to show growth
Indexes in the United States on Thursday showed moderate growth futures in the red on Friday
U.S. stock indices on Thursday demonstrated a moderate increase of news on the acquisition of hedge-fund billionaire John Paulson bank assets and exceeded analysts' expectations of quarterly results of retailer Wal-Mart Stores Inc., reported Bloomberg.
Quotations
commodity securities companies improved after rising prices for oil and metals.
Trades futures on Friday reinforced the optimism: the September contract on the Dow Jones Industrial Average to 8:39 did not change, futures on the Standard Poor s 500 by 8:34 PM EDT climbed to 0.2%.
value of shares Bank of America jumped on the results of bidding for 6,7% - to $ 17. Belonging Dzh.Polsonu Credit Opportunities Fund, which in 2007 made a bet on the decline in mortgage bond market and thus increased its assets to almost six times, has acquired 168 million shares of Bank of America in the second quarter of 2009, according to data controllers. Hedge-Fund is currently the fourth largest shareholder in the bank stakes.
Credit Opportunities Fund also acquired 35 million shares of regional bank Regions Financial Corp., the paper which went up on Thursday at 7.9% - to $ 5.20.
Against this background, stock prices of financial companies on the NYSE on Thursday rose by 1,3%.
Shares Wal-Mart Stores Inc. increased in price by 2.7% - to $ 51.88.
the world's largest retailer, increased profit in the second fiscal quarter and the improved outlook for the year. Profit from continuing operations of the company in May-July was $ 3.45 billion, or 88 cents per share, which corresponds to the upper boundary of the projection of the past quarter, which stood 83-88 cents per share. Analysts on average forecast profit of Wal-Mart at 86 cents per share.
Leading aluminum producer Alcoa in the United States on Thursday showed the fastest growth in the index Dow Jones Industrial Average - its shares went up by 5.8%, to $ 13.71.
index of six non-ferrous metals added 3.6% at auction in London on Thursday, copper went up in New York at 3.2%.
Oil futures for September on Thursday added $ 0,36 - to $ 70.52 a barrel.
Index Dow Jones Industrial Average rose for the day at 36.58 points (0.39%) - up to 9398.19 points.
Standard Poor s 500 added 6.92 points (0.69%), amounting to 1,012.73 points.
Nasdaq Composite index rose for the day at 10.63 points (0.53%) - up to 2,009.35 point.
The course increased dollar purchases - the morning review of cash markets
Experts: Price of Oil WTI could decline due to increases in stocks at weak demand
Magna has waived the full utilization of intellectual property Opel
Future punish
Asian shares expensive on Friday following the rise in metal prices
Desheveet euro on Friday in anticipation of weak statdannyh on consumer prices in the euro
The very fact of reducing the volatility suggests that during the market life back on track
Judging by the mood among investors, a growing trend in the American market is unlikely to be interrupted in the next few days
The banking sector will look better than the market, the paper's oil and gas sector are unlikely to show growth