Wall Street ends up, Le Figaro

Wall Street ended higher Wednesday, supported by the growth of activity in services in the United States and by an oil sharply higher: the Dow Jones took up 0.62% and the Nasdaq is 0.50%.
According to the final results, the index featured Dow Jones Industrial Average has gained 112,58 points to 18.281,03 points and the Nasdaq, to dominant technological, 26,36 points to 5.316,02 points. The expanded index S&P 500 rose 9.24 points, or 0.43 per cent, to 2.159,73 points.
”overall, the economic indicators are quite good and this explains why the stock indices are rising today,” said Bill Lynch of Hinsdale Associates.
the Main statistics retained by the investors, the activity in services in the United States has advanced 5.7 percentage points in September, accelerating its progression, according to the purchasing managers index published by the association of professional ISM.
”most of The components of the index are good, especially the employment, which is a good sign,” detailed Peter Cardillo, chief economist of First Standard Financial Company.
The New York stock Exchange has also benefited from industrial orders in the biggest increase than expected in August, according to the u.s. department of Commerce.
These good figures have overshadowed the publication of a u.s. trade deficit in growth unexpectedly in August, and especially of job creation in the private sector was disappointing, down 12% in September, according to the it services company ADP.
”This may be due to a certain volatility of these numbers, but this could also be a warning about economic growth more soft”, asked the independent economist Joel Naroff in a note.
investors scruteront with much more attention to the official figures of employment for the month of September, which will be published on Friday.
Another factor of support Wednesday, “the oil has gone up and this is positive, particularly for the values of the energy sector,” added Bill Lynch.
The price of a barrel of oil has increased by about a dollar after the unexpected announcement of a new weekly drop of the reserves of crude oil in the United States.
The bond market fell. Towards 20: 20 GMT, the yield on Treasury bills to 10 years amounted to 1,705%, compared to 1,687% Tuesday night, and one of the good 30 years to 2,424%, compared to 2,413% previously.