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6/10/11

Wall Street Closed Dell Increases Driven Benefits?

Team Coverage 6 SCTV
Make Money Blog$, New York: Wall Street at the end of tradingThursday (19 / 5) early days was increased significantly. U.S.shares rose strongly supported commodity price hikes andcomputer maker Dell's profit better than expected.



Dow Jones Industrial Average closed down 80.60 points (0.65percent) higher at 12,560.18 points. S & P 500 Index rose 11.70points (0.88 percent) to 1340.68, while the Nasdaq composite index of technology stocks jumped 31.79 points (1.14 percent) to2815.00 points. The stock market ignored the message of Federal Reserve's policy setting meeting April 26 to 27.

Minutes of the debate revealed the Federal Open Market Committee (FOMC) regarding future central bank policy after theend of the bond purchase program 600 billion U.S. dollars in Juneas planned. A wave of risk appetite (risk appetite) push commodity prices higher, with New York crude oil jumped 3.3 percent to100.10 dollars per barrel. Dow component ExxonMobil, the largest of blue chips, rose 1.8 percent to 81.84 U.S. dollars for crude oilrose more than three U.S. dollars per barrel in New York. Chevron, as well as Dow component, jumped 2.4 percent to 102.86 U.S.dollars.

Replying to a Hewlett-Packard's gloomy forecast a day earlier, Dellcomputer giant beat expectations with first-quarter profit rosenearly tripled from a year ago to 945 million U.S. dollars. Dellshares jumped 5.3 percent to 16.75 U.S. dollars. Analyst ResearchVibiz of Vibiz Consulting considers that direction for the U.S.market will still be influenced predominantly by factors in themarkets of the financial statements of companies. It is estimated that in the Asian trading session today will likely accompany a decline in the stock closing early this morning.(http://www.vibiznews.com/ARI)
source: liputan6.com
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