Friday 1 April 2011
Dow Jones Industrial has best start to the year since 1999
Dow Jones Industrial Average for the year, its best start since Thursday, 1999, off 6.4 percent in the first three months is increasing. Index of 30 large companies in the segment of 742 points. Other first quarter, the biggest point gain since 1998, and measured against the second best on record.
Stocks end mixed as oil prices the day jumped to a 30-month high. Unemployment claims and factory orders report slightly disappointing weighed on the market.
The first-quarter profit was anything but an easy ride. Revolt in the Arab world, oil prices, earthquakes, tsunamis and the nuclear crisis with Japan jumped several deep one-day falls on the LED.
"It's a market that has been in the face of uncertainty is defined by flexibility," Andrew Goldberg, a market strategist at JP Morgan Funds, said.
Dow Jones industrial average 30.88 points, or 0.3 percent to 12319.73 fell. The 72 points for the year just shy of its February 18 is high.
Standard & Poor 500 2.43 to 1325.83, or 0.2 percent fell. Nasdaq Composite 2781.07 4.28, or 0.2 percent, rose.
S & P 500 during the first quarter rose 5.4 percent, Nasdaq 4.8 percent.
Market in March was wildly unstable. Third week, the Dow moved more than 100 points four straight days. March 16, fears that Japanese nuclear crisis worse all three major indexes for the year will be negative. The next day, a jump in manufacturing and a drop in unemployment claims helped bring them back.
Stocks Thursday between small gains and losses as oil prices settle at 106.72 dollars a barrel has come increased. Libyan leader Moammar Gadhafi troops loyal to the rebel army from the major oil port of Ras Lanouf control retook. Win a rebel threat of regime change oil export promised a quick restart.
Oil prices jumped $ 20 since Libya's rebellion began in February. High oil prices force consumers to pay more for gasoline by cutting spending and economic growth can pinch.
There are also new unemployment claims and factory orders report a bit disappointing. The Labor Department said last week applied for unemployment benefits at people, companies indicated that layoffs may be slow. The number of new claims fell by 388 000 by 6000. Analysts had expected a larger drop.
News Labor Department's monthly employment report comes a day before. 8.9 percent unemployment rate can remain unchanged.
Ireland were under pressure from the banks. India's central bank said Thursday that four of its cash-strapped banks in the coming months another euro24 billion needed to show that they will not fall in the face of future crises. Ireland is already the country's banks euro46 billion since 2009, put it. Four banks of the European Union and the IMF will need to draw on an emergency credit line.
Stocks end mixed as oil prices the day jumped to a 30-month high. Unemployment claims and factory orders report slightly disappointing weighed on the market.
The first-quarter profit was anything but an easy ride. Revolt in the Arab world, oil prices, earthquakes, tsunamis and the nuclear crisis with Japan jumped several deep one-day falls on the LED.
"It's a market that has been in the face of uncertainty is defined by flexibility," Andrew Goldberg, a market strategist at JP Morgan Funds, said.
Dow Jones industrial average 30.88 points, or 0.3 percent to 12319.73 fell. The 72 points for the year just shy of its February 18 is high.
Standard & Poor 500 2.43 to 1325.83, or 0.2 percent fell. Nasdaq Composite 2781.07 4.28, or 0.2 percent, rose.
S & P 500 during the first quarter rose 5.4 percent, Nasdaq 4.8 percent.
Market in March was wildly unstable. Third week, the Dow moved more than 100 points four straight days. March 16, fears that Japanese nuclear crisis worse all three major indexes for the year will be negative. The next day, a jump in manufacturing and a drop in unemployment claims helped bring them back.
Stocks Thursday between small gains and losses as oil prices settle at 106.72 dollars a barrel has come increased. Libyan leader Moammar Gadhafi troops loyal to the rebel army from the major oil port of Ras Lanouf control retook. Win a rebel threat of regime change oil export promised a quick restart.
Oil prices jumped $ 20 since Libya's rebellion began in February. High oil prices force consumers to pay more for gasoline by cutting spending and economic growth can pinch.
There are also new unemployment claims and factory orders report a bit disappointing. The Labor Department said last week applied for unemployment benefits at people, companies indicated that layoffs may be slow. The number of new claims fell by 388 000 by 6000. Analysts had expected a larger drop.
News Labor Department's monthly employment report comes a day before. 8.9 percent unemployment rate can remain unchanged.
Ireland were under pressure from the banks. India's central bank said Thursday that four of its cash-strapped banks in the coming months another euro24 billion needed to show that they will not fall in the face of future crises. Ireland is already the country's banks euro46 billion since 2009, put it. Four banks of the European Union and the IMF will need to draw on an emergency credit line.
