Slight supremacy of the bulls on Wall Street
Friday, January 15th, 2010
The trading session on Wall Street began hesitantly yet again this week, having started trading on negative territory, but shortly afterwards the three main index gave up. Data today showed that U.S. consumers are reticent in their purchases, in 2009 retail sales in the U.S. recorded a record fall within one calendar year from 6.2 percent. The index of blue chip Dow Jones IA increased by 0.1% to 10 694.37 points about an hour and a half after the start of trade. It reached its highest level since early October 2008 at the end of yesterday’s session, supported by a solid economic report from the U.S. Federal Reserve. S & P 500 added 0.1 percent to 1 146.3 points and the Nasdaq Composite advanced 0.2 percent to up 2 313.4 points. Before the start of trading session showed that retail sales unexpectedly decreased in the United States by 0.3 percent on a monthly basis in December and initial claims for unemployment benefits rose more than expected by 11 thousand to 444 thousand for the week to 9th January. The number of persons receiving unemployment benefits for more than two weeks, reduced with 211 thousand to 4,6 million people. After the end of today’s session did expect the financial performance of the technology company Intel, which participates in the index, Dow Jones IA. Market analysts predict a substantial increase in earnings per share to 30 cents in the last quarter of 2009 compared to earnings of 4 cents a year ago, cited by CNN. Shares of Intel Increase 1.4% to 21.26 dollars per share.
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