Wall Street jumped fence Friday as its European counterparts enjoying the unexpected intervention of the Bank of Japan, as well as US indicators subdued: the Dow Jones gained 2.47% and the Nasdaq 2.38%.
According to final results, the index Featured Dow Jones Industrial Average gained 396.66 points 16,466.30 points and the Nasdaq, dominated by technology, 107.28 points 4.613 ., 95 points
Considered the most representative by many investors, the broader S & amp;. P 500 gained 2.48% or 46.88 points to 1940.24 point
The increase of the indices accelerated late in the session after the oil market has signed a fourth session straight increase.
At the opening, investors had greeted d On the one hand the intervention of the Bank of Japan, raising hopes that other central banks will also listen to their concerns for the global economy, and also the US data showing a sluggish growth, but without Short-term recession spectrum.
The Bank of Japan made a surprise by imposing negative interest rates on bank deposits, to push companies and individuals to spend and invest. This delighted the Tokyo Stock Exchange and the European stock exchanges.
In addition, the gross domestic product of the United States came out up only 0.7% in the fourth quarter, showing that even at floor rates, companies were reluctant to invest.
In addition, consumer confidence has deteriorated against all odds in January, according to the University of Michigan, but at the same time economic activity in Chicago area rebounded sharply after two months of contraction
With all this, “the market has had two things he wanted. Signs of an economy that has slowed down, which away the prospect of a rate hike [directors] too fast [the US], but at the same time a sign that the economy is doing rather well “with Chicago indicator, said Gregori Volokhine at Meeschaert Financial Services
-. Contrasting developments –
The e-commerce giant Amazon plunged 7.61% to 587.00 dollars after its results considered disappointing for the holiday season, despite a jump of 20% of annual turnover, together with a return to profit.
However, Microsoft jumped 5.83% to 55.09 dollars. The strength of its activities in the “cloud” of cloud computing services, have contributed to a better than expected, although net income and revenue declined.
Chevron oil was driven by the recovery in the oil market, which moved to the background its results, winning a total of 0.64% to 86.47 dollars. Weakened by the fall of black gold, it recorded its first annual net loss since 2002.
Xerox took 5.63% to 9.75 dollars after announcing its split into two independent companies, one devoted to document management and other services, as demanded by activist investor Carl Icahn.
The Honeywell Industrial Group gained 5.34% to 103 20 dollars. It generated an annual net profit up, together with sales down slightly and confirmed its forecast.
American Airlines, which took advantage of cheap kerosene to more than double its annual profit, despite the erosion of its sales, gained 2.23% to 38.99 dollars.
The group of hygiene products and household Colgate Palmolive has won 3, 86% to 67.53 dollars despite a 36% fall in annual profit, together with a more severe decline than expected sales.
The video game publisher Electronic Arts plunged 7.52% to 64.55 dollars. The success of a game derived from Star Wars has not prevented from delivering disappointing forecasts.
The pharmaceutical company Gilead dropped 5.18% to 83 dollars. Its CEO John Martin decided to hand over the reins to his number two John Milligan.
His rival Amgen gained 2.95% to 152.73 dollars after having adjusted its forecasts upwards, at Following a strong performance in 2015.
The bond market was rising. The yield on ten-year Treasury was displayed at 1.924% against 1.982% Thursday evening, and that good for 30 years at 2.749% against 2.788% yesterday.
chr / JLD / Lys
01/29/2016 11:00:48 p.m. – New York, January 29, 2016 (AFP) – AFP © 2016
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