* The Dow rose 0.55, the S & amp; P 500 and the Nasdaq 0.52% 0.43% * GE announced disposals and share buybacks * Title flies more than 10% (Updated with dollar, oil, bond market analyst comment, precisely on the rise in the stock GE) Ryan Vlastelica NEW YORK, April 10 (Reuters) – The New York Stock Exchange Friday completed his week progress with a new session of gains, investors hailing the asset disposal plan and large share buyback program announced by General Electric, who thinks so to repay up to $ 90 billion to shareholders by 2018. With the exception of financials, symbolic drop of 0.01%, all sectoral indices Standard & amp; Poor’s 500 ended in the green, industrial worn by GE scoring the best performance of the 10 with a gain of 1.8%. The action GE has itself soaring 10.8% to 28.51 dollars, a peak since September 2008, being by far the most active of the day on Wall Street with over 351 million shares traded. This is the largest increase in the S & amp;. P-500 ” This is indicative of a general trend, a new attention turned to the shareholders and this can help support markets, “said David Lebovitz, strategist at JP Morgan in New York , about General Electric announcements. “If we continue to see share buybacks and dividend hikes, and I think this will be the case, it makes it even more compelling scenario of rising equity markets.” The Dow Jones 30 large values is back above the 18,000 points. It gained 98.92 point or 0.55% to 18,057.65 while the Standard & amp; Poor’s broader took 10.88 points, or 0.52%, to 2102.06. More …
Friday, April 10, 2015
UPDATE 2-Wall Street, led by GE, ends up – Reuters
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