Wall Street ends at the rise again, the Dow gained 1.2%
U.S. stocks finish higher again Friday, the publication of positive indicators for the economy continuing with the monthly figures of employment considered reassuring.
The Dow Jones gained 127.83 points or 1.24% to 10,447.93 points, while the Standard & Poor's 500 took 14.41 points or 1.32% at 1104.51 points.
The Nasdaq Composite was awarded 33.74 points or 1.53% at 2233.75 points.
For the week, the Dow gained 2.9%, the S & P 3.8% and Nasdaq 3.7%.
The S & P index fund managers, has realized its best weekly performance of the past eight weeks.He did not rebound above 1,100 points since Aug. 11.
For the Dow Jones and Nasdaq, it is their best week in the last six.
Equity markets had fallen sharply in August, investors fearing a recession in the fallout world's largest economy.However, information released Wednesday, showing stronger growth than expected in the manufacturing sector in August, sparked a rebound in stock market values to post their biggest gain in eight weeks.
New indicators, including real estate, went in the same direction Thursday and the rebound continued Friday with the announcement of monthly figures of employment.
THE FINANCIAL SOUGHT
The U.S. economy still has destroyed jobs in August for the third consecutive month, but significantly less than expected.In addition, the private sector has created more jobs than expected.
In this context, the announcement of a greater than expected slowdown in growth of activity in the services sector in the United States in August has left investors of marble.
"Equity markets were considered non-negligible probability of a relapse there is now an output of this fear factor," said Mike Dueker, at Russell Investments.
"The recovery will be slow but at least we can count on. This should provide a wind stern values for the remainder of the year."
Sensitive sectors such as business cycle and financial technology have been particularly sought after. The S & P financials gained 2.15%.Goldman Sachs was awarded 5.4% to 147.29 dollars.
Home Depot, the world of DIY and interior design, has gained 1.5% to 29.85 dollars, boosting her up yesterday.
Take-Two Interactive soared 7.34% to 9.50 dollars after the publication of a quarterly profit – investors awaited a loss – and raising expectations of the group.
Campbell Soup has however declined by almost 3% to 36.21 dollars, investors punishing quarterly sales below expectations and a revision of objectives.