Wall Street ended higher on Friday for the seventh straight session, no current element from upsetting investor optimism: the Dow Jones took 0.13%, a new record, and the Nasdaq 0, 70%.
According to final results, the Dow Jones took 23.50 points 18,053.71 points and the Nasdaq, dominated by technology, 33.39 points 4,806.86 points.
The broader S & amp; P 500, closely followed by investors, was up 0.33% or 6.89 points to 2,088.77 points as the Dow Jones beating a record closing.
“Given the low level of trade today, the market is based on its upward trend to go up a bit,” said David Levy of Kenjol Capital Management.
“Unless there is a catalyst downward trend will remain the same” by the end of the year, he has planned.
In the absence of news the day after a closing session for Christmas, the market continued to enjoy the revision in a free increase in gross domestic product (GDP) for the US third quarter, reflecting an annualized growth of 5%. After its release Tuesday by the Commerce Department, the Dow first passed the 18,000 points.
“The market (continued) on its momentum,” ruled Alan Skrainka of Cornerstone Wealth Management. “Investors are reinforced the idea that the economy is gaining momentum.”
In addition, investors continue to be encouraged by the monetary policy decision of the Federal Reserve, published December 17 , estimated the experts at Charles Schwab.
“The rise of the stock market has materialized (Friday) in the absence of corporate earnings or macroeconomic figures, and key indices continued a increase related to the renewed commitment of the Fed to be patient before normalizing monetary policy “, which implies above all to raise interest rates close to zero, they noted.
exchanges are generally remained limited, the day after Christmas, while on world markets, the stock exchanges in Paris, Frankfurt and London are closed until Monday
-. The biotech will resume –
The bond market closed up. The yield on 10-year Treasury fell to 2.250% 2.264% against the previous close, and that good for 30 years at 2.814% against 2.834% previously.
The oil sector has suffered from a further decline in crude oil prices in New York: the giant Chevron sold 0.19% to 113.25 dollars, and its rival ExxonMobil 0.61% to 93.21 dollars
. health, biotech groups, including turbulence led a quiet week in the markets have recovered slightly, the Gilead including winning 2.74% to 93.79 dollars, far however 108,45 dollars which he culminated last Friday at the closing
The unequal distribution sector benefited from the announcement by the main federation of the best increase in sector sales in three years for the holiday season. Wal-Mart took 0.56% to 86.91 dollars, but Kohl’s has sold 0.43% to 60.20 dollars.
Tesla, specializing in electric cars, rose 2.50% to 227.82 dollars after its CEO, Elon Musk, discussed an update of one of its models.
Qualcomm took 1.29% to 75.62 dollars, China has hinted a settlement that would end a government investigation of competition in the specialist components for mobile phones.
The messaging services FedEx and UPS, whose performance is monitored in the festive season, respectively lost 0.29% to 175.90 dollars and 0.43% to 111.93 dollars.
Microsoft fell 0.54% to 47.88 dollars, it was often impossible during the day to access online services used by the owners of its Xbox game console, as well as by those of the Sony PlayStation, after a computer attack.
jdy / jld / jpr
26 / 12/2014 10:36:01 p.m. – New York, December 26, 2014 (AFP) – © 2014 AFP
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