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York - Wall Street finally closed higher after a volatile tradingsession in a thin volume. Stock trading was overshadowed by the European crisis spread to Italy.
Wall Street spends most of its trade in negative territory, beforefinally rebounding after Juergen Stark, a member of the ExecutiveCouncil of the European Central Bank said the crisis in the regionwill probably be completed in 1 or 2 years.
The market moves very volatile examine the condition of crisisthat occurred in Europe. Especially after the resignation of PrimeMinister of Greece George Papandreou and also the possible spread of the crisis to Europe.
From Italy, Prime Minister Silvio Berlusconi refused to backpressure, so the market chose to wait to be careful sembaruparliament voted to reform the budget.
"Any news that is deemed posotof will move the market, but I do not believe in the movement. We can easily fall again," said MarkLuschini, chief investment strategist at Janney Montgomery Scott, as quoted by Reuters on Tuesday (11/08/2011).
In trading Monday (8/11/2011), the Dow Jones industrial averageclosed up 85.15 points (0.71%) to as low as 12068.39. The broader Standard & Poor's 500 rose 7.89 points (0.63%) to a level of 1261.12 and the Nasdaq gained 9.10 points (0.34%) to a level of 2695.25.
Amid signs that investors are still cautious, the best performance of stocks printed by the health sector and telecommunications.The health sector index S & P rose 1.2%, Pfizer Inc. shares rose 2.1% to U.S. $ 20.07.
Trade went very quiet, with transactions on the New York StockExchange only amounted to 6.3 billion shares, below the dailyaverage of 8.47 milira shares.
source: detik.com
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Wall Street spends most of its trade in negative territory, beforefinally rebounding after Juergen Stark, a member of the ExecutiveCouncil of the European Central Bank said the crisis in the regionwill probably be completed in 1 or 2 years.
The market moves very volatile examine the condition of crisisthat occurred in Europe. Especially after the resignation of PrimeMinister of Greece George Papandreou and also the possible spread of the crisis to Europe.
From Italy, Prime Minister Silvio Berlusconi refused to backpressure, so the market chose to wait to be careful sembaruparliament voted to reform the budget.
"Any news that is deemed posotof will move the market, but I do not believe in the movement. We can easily fall again," said MarkLuschini, chief investment strategist at Janney Montgomery Scott, as quoted by Reuters on Tuesday (11/08/2011).
In trading Monday (8/11/2011), the Dow Jones industrial averageclosed up 85.15 points (0.71%) to as low as 12068.39. The broader Standard & Poor's 500 rose 7.89 points (0.63%) to a level of 1261.12 and the Nasdaq gained 9.10 points (0.34%) to a level of 2695.25.
Amid signs that investors are still cautious, the best performance of stocks printed by the health sector and telecommunications.The health sector index S & P rose 1.2%, Pfizer Inc. shares rose 2.1% to U.S. $ 20.07.
Trade went very quiet, with transactions on the New York StockExchange only amounted to 6.3 billion shares, below the dailyaverage of 8.47 milira shares.
source: detik.com
please give me comments thanks
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