Rabu, 16 Juni 2010

Industry & Technology Causes index on Wall Street surge

Pakar Iklan Industry & Technology Causes index on Wall Street surge : Industry and technology share prices managed to move the boom on Wall Street index. Traders eager to hear a report from Boeing Co. and projections of rising demand for computer products.

At the end of the transaction Tuesday afternoon New York time (Wednesday morning GMT), the price index of industrial stocks, Dow Jones rose 213.88, or 2.1 percent, to 10404.77. Index Standard & Poor's 500 rose 25.60 points (2.4 percent) to 1115.23. Similarly, the Nasdaq composite index, soaring 61.92 points, or 2.8 percent, to 2305.88.

This time the industrial sector to bring positive influence to the sentiment in the stock market. Boeing shares drove 4.1 percent after a leading American manufacturer of the aircraft revealed that the production increase fleet of 737 aircraft type after the order rate increases.

n addition to Boeing, industry stocks are not less powerful, Illinois Tool Works Inc.. producers rose 2.5 percent after it raised the target equipment revenue for the second quarter of this year.

Good news also came from the Central Bank of New York's research, which revealed that the performance of regional manufacturing rose again in June. This is an increase of 11 consecutive months.

"We still see many plants that contribute to boost the economy of this country," said Michael Church, observers from Addison Capital Group in Philadelphia.

Technology stocks helped push the index rise on Wall Street after the International Data Corp. projections raise the level of shipments of personal computers (PCs) in the year. In April, the projected increase of only 15 per cent, but this time IDC revised so nearly 20 percent.

Data is what makes traders bought technology stocks. Microsoft shares rose 4.3 percent and 2.4 percent of Hewlett Packard.

Related Post:

Tidak ada komentar:

Posting Komentar