New York Stock Exchange opens up in an upbeat Mood

The New York Stock Exchange opened today with advances and a half an hour after the start of the session the Dow Jones, its main indicator, climbed 0.44% encouraged by the creation of 201,000 jobs in March in the U.S. private sector. This indicator, which comprises the 30 large listed companies in the country at this time amounted to 54.31 points to settle finally at 12,333.32, the selective S & P 500 gained 0.5% (6.55 units) to 1325.99, and the Nasdaq composite index rose 0.49% (13.53 points) to 2770.42.Wall Street continued the upward trend and it closed the day on a positive note.
On Wednesday, investors were encouraged by the creation of 201,000 net jobs in the U.S. private sector in March and, according to the firm Automatic Data Processing (ADP), the increase underscores the positive evolution of employment in this country. These figures come two days before the United States Government, through the office of statistics, disseminates official figures for job creation in March, which also includes those generated by the public sector.

At this time only four companies in the Dow Jones recorded decreases: the chain Home Depot (-1.03%), Bank of America and Boeing (-0.07% in both cases) and the chain Walmart (-0.02% ), while the U.S. Supreme Court., is considering the latter’s request to dismiss the class action sex discrimination against them. The plot of this index remained positive on Wednesday led by mobile operators AT & T (1.96%) and Verizon (1.54%). Exxon (1.57%), Merck (1.19%), the DuPont chemical (1.01%) and also Chevron (0.98%) rose strongly at this time. On Wednesday, the software company Qihoo China began trading on the New York Stock Exchange (NYSE), where its shares shot up 110.07% to move to $ 30.46 per share.In contrast, the investment firm Apollo Global Management, which today also began trading on the NYSE, moved down 3.74% to move to $ 18.28 per share. In the Nasdaq market the e-commerce giant Amazon rose 2.51% encouraged by the presentation of their new services for data and music storage in the cloud, while Apple fell 0.57% a day after the phone company Nokia (-1.15%) returned to accuse her of taking advantage of its patented technology. In other markets the Texas oil fell to $ 104.27 a barrel, gold rose up to $ 1,426.8 an ounce, the dollar rose against the euro (which was exchanged for 1.4063 U.S. dollars) and bond yields American public to ten years down to 3.48%.

By: Teni Sow | Senior Editor at Tambapress.com and Regular Contributor to Presspresser.com

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Category: Business/ Economy, Finance