(Rpt without changing the dispatch aired Thursday night) * The Dow took over 0.74% and the S & amp; P 500 0.52% Nasdaq stable * Market supported by the ongoing rebound in gross * ECB promises to review its March * Home Depot policy, Verizon, GE supports the Dow * The trend remains fragile by Noel Randewich NEW YORK, Jan. 21 (Reuters) - Wall Street modestly rebounded Thursday after his fall the day before, taking advantage as European stock markets earlier from the rise in oil prices and hopes of further monetary easing by the European Central Bank (ECB) in the month of March. The Dow Jones .DJI of 30 great values regained 115.94 points, or 0.74%, to 15,882.68 after a 1.17% retreat and Standard & amp; Poor's 500 .SPX broader gained 9.66 point or 0.52% at 1868.99. The Nasdaq Composite .IXIC ended flat at 4472.06 points, a modest gain of 0.37 points (0.01%). The ECB as expected held rates at its policy meeting on Thursday but its president Mario Draghi said the turmoil in financial markets and concerns about the emerging markets, led by China, to lead to "review and possibly reconsider "its policy at its next meeting on March 10. Meanwhile, oil prices rebounded with US crude which took over 4.1% in New York and the North Sea Brent nearly 5%, their best session since the start of the year. The continuing decline in oil prices and concerns about global growth had terminated the day before the S & amp; P to its lowest level since 2014. However, the Wall Street indices ended in their best levels of the day and do crossed no mean technical level, speakers noted seeing in it a sign that the market remains fragile. "This is a different situation from other years when you could buy peace of mind after a sharp decline," Judge Bruce Bittles, strategist at Robert W. Baird & amp; Co in Nashville. "There was actually a negative trend and a Fed that is much less accommodative in 2012, 2013 or 2014." Financier George Soros told Bloomberg TV be for sale on the S & amp; P and was confident of a hard landing of the Chinese economy, it "already seen." Volumes remained high with 9.9 billion shares that changed hands, compared with an average of 7.8 billion over the last 20 sessions, according to Thomson Reuters data. 2003 values were counted up on the New York Stock Exchange down against 1075, representing a 1.86 ratio to 1. On the Nasdaq, there were 1508 to 1282 increases decreases, a ratio of 1.17 to 1 . "It would take at least two close sessions where the proportion increases would be much more important," said Bruce Bittles. "There only we could say that the downward trend has been broken." REBOUND OF ENERGY VALUES Seven of the ten major sector indices S & amp; P have finished higher, led by energy .SPNY compartment which jumped 2.89% in the wake of crude. Home Depot HD.N, up 3.23%, made the largest contribution to the increase in Dow Jones. The US number one DIY received a note from JP Morgan predicting strong quarterly results thanks to the mild weather of late 2015. Verizon VZ.N, the first mobile operator in the US, has won 3 26% after the publication of quarterly results better than expected. Also within the Dow, General Electric GE.N has granted 2.11% on the eve of the publication of its results, helped by positive comments from Citigroup, which has made it his preferred value within groups multi- industrial. Among the second-tier securities, the pipeline operator Kinder Morgan KMI.N jumped 13.88% after announcing a debt reduction plan that leaves hope for a dividend preserved or increased. The technology, the chip maker Xilinx XLNX.O jumped 8.59% to 46.78 dollars after better than expected results and amid takeover speculation, Qualcomm QCOM.O or Chinese Tsinghua Holdings that can serve predators as BMO analysts. Lattice Semiconductor LSCC.O, also seen as a target, won 10.77%. On the downside, the Union Pacific Railway Group UNP.N lost 3.55% to 71.00 dollars after the results and forecasts that disappointed investors. The Dow Jones rail transport .DJUSRR yielded 2.15% in stride to bring its decline to 12% since the beginning of the year, a result of lower commodity prices and freight volumes. (Abhiram Nandakumar in Bangalore, Veronique Tison for the French service)
Associated values © 2016 Thomson Reuters. All rights reserved.
Friday, January 22, 2016
RPT UPDATE 2-Wall Street takes a bit with the ECB and oil – Boursorama
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