On Friday, Wall Street had ended slightly higher already taking advantage of the lack of news for moderately continue printed rebound the day before the monetary policy decision of the Federal Reserve System (Fed): Dow Jones took 0.15% and the Nasdaq 0.36%.
Around 9:40 am Monday, the Dow Jones Industrial Average advanced 63.14 points to 17 867.94 points and the Nasdaq, dominated by technology, 4.66 points 4,770.04 points.
The Toronto stock market continued its momentum from last week by starting the day Monday up.
At the opening, the S & amp; P / TSX has appreciated by 66.26 point to score 14 Points 534.52
.
For its part, the Canadian dollar slipped 0.14 percent to trade at 86.01 cents US
The broader S & amp;. P 500, closely followed by investors took 0.01% or 0.28 points to 2070.93 points.
Wall Street began “a shortened week, during which it will close earlier than usual Wednesday and will remain closed all day Thursday for Christmas” , noted analysts of brokerage Charles Schwab.
Without news, indices are supported by Wednesday’s decision by the Fed, which has pledged to be ‘patient’ about to raise its interest rates that investors have generally perceived as a restraint.
The Fed has “calmed the nerves” of markets, “worried an increase Early interest rates, “recalled the experts at Charles Schwab.
On Monday, the market will hardly be interested only an indicator on existing home sales in November in the US” single digits expected on today provided some economic calendar, “they added.
According to Wells Fargo analysts, the market expects a decline in sales for the last month, after a rise in October .
Moreover, “according to an indicator published by the Federal Reserve of Chicago, the economy has improved more than expected last month,” they noted.
– With The Canadian Press
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