Wall Street ends rise (AFP / File / TIMOTHY A. CLARY)
According to final results, the index Featured Dow Jones Industrial Average rose 66.77 points 18,005.05 points and the Nasdaq , dominated by technology, from 12.89 points 4974.64 points. The broader index Standard and Poor’s 500 gained 6.99 points, or 0.33%, to 2119.12 points.
“The dollar showed a slight weakness and this seems to have a Indeed relatively challenging, “said Alan Skrainka, at Cornerstone Wealth Management, when the S & amp;. P 500 is approaching day by day its peak in May 2015
the dollar-hook effect Friday after very poor employment figures in the United States in May. These figures have led most investors to exclude the hypothesis of a rise in interest rates next week, which could revaluate the dollar.
Mr. Skrainka stressed that the very sensitive areas in the dollar, such as raw materials and the export industry, were particularly fortunate Wednesday.
In addition, the further rise in oil prices, the highest since the summer 2015 also benefited the energy-related sectors.
However, the rise in stock indexes remained cautious, and some analysts cautioned against the possibility that a ceiling is reached.
“We will probably get into a consolidation phase, since we’re on the rise even as the World Bank has revised down its expectations for global economic growth,” said Peter Cardillo and, in First Financial Standard.
the World Bank said Tuesday night that the activity “anemic” in rich countries and the weakening of emerging economies should limit growth to 2.4% of global gross domestic product this year, instead of the 2.9% it expected in January. She warned that “the world economy is exposed to major risks”, including “geopolitical” threat and financial volatility.
On the other hand, investors who had worried the numbers on the job may have been a little reassured with a strong record of job offer in April.
“the job offers are now at record levels, although hiring slowed,” he said economist Joel Naroff, saying that “companies do not find the employees they are looking for.” According to him, “companies will have to either start paying more, or find ways to increase productivity”
-. Indulgence for Lululemon –
The sportswear manufacturer premium Lululemon jumped 4.90% to 71.48 dollars after the publication of a turnover slightly above expectations, despite a quarterly profit and annual profit forecast slightly disappointing, placed on the account an increase in its costs.
the specialist for VeriFone payment terminals plunged 24.65% to 21.27 dollars after announcing a quarterly profit below expectations and revision downward its forecasts. The French competitor Ingenico also announced it was launching a strategic review of its activities that could lead to job losses.
Polycom conferencing specialist, gained 1.00% to 12, 08 dollars after announcing it had received an unsolicited offer from an investment fund wishing to delist. He said he continued to favor the offer of Canadian Mitel (-0.44% to 6.75 dollars).
The giant of online business Amazon was up 0.40% to 726.64 dollars after his boss Jeff Bezos announced it would of 2-5000000000 dollars investment in India.
The bond market was up slightly. Around 8:20 p.m. GMT the yield on 10-year Treasury was displayed to 1.704%, against 1.709% Wednesday night, and that good for 30 years at 2.509% against 2.534% previously.
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