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Wall Street continues gains to close in green as optimism persists...
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- Wall Street continues gains to close in green as optimism persists...
29/11/2012 09:30:14 PM
- European stocks closed in Green due to market relief
29/11/2012 05:44:31 PM
- Wall street open green, as optimism rise over federal budget
29/11/2012 04:28:55 PM
- European equities rally on U.S. budget deal hopes
29/11/2012 01:37:30 PM
- Asian stocks rise on hopes for a deal on the U.S. budget
29/11/2012 09:15:19 AM
- Japan stimulus, optimism over U.S. fiscal cliff push Asian stocks higher
29/11/2012 12:51:06 AM
- U.S shares closed in green as optimism returned to the local market…
28/11/2012 10:40:38 PM
- European stocks closed in Green due to John Boehner optimism
28/11/2012 05:31:48 PM
Publish Date29/11/2012 09:30:14 PM
Last Update
Since that the stock market opened till it closed we only saw its shares rise to close the day in green as optimism persisted along the day amid hopes than an agreement over the federal budget will be made as soon as possible while that the second reading for third quarter Gross Domestic Product, showing an expansion of 2.7%, slightly missing the estimate of 2.8%, compared to the prior reading of 2.0%.
Plus the country`s jobless claims report showed a drop in unemployment beneficiaries, missing the analyst`s estimates, while the Housing Sector showed a notable improvement as Pending Home Sales reached its highest since May, which might have had the positive effect on Wall Street.
Accordingly as of 16:02 pm New York time, The Dow Jones Industrial Index rose by 36.71 points or 0.28% to 13021.82 points, while S&P 500 increased by 6.03 points or 0.43% to 1415.97 points, whereas the Nasdaq Index rose by 20.25 points or 0.68% to 3012.03 points.
As for the Dollar Index, which measures the value of the U.S dollar against six other majors, including the Euro, Yen, and Pound Sterling, opened at 80.32 and retreated to trade around 80.18, and reached a high of 80.35 and low of 80.02.
Moreover, Gold price inched up slightly to trade around $1724.82 per ounce, after opening at $1722.52 per ounce, while Crude Oil prices have increased and trading around $88.35 per barrel, after opening at $86.67 per barrel.
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