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8/20/12

Wall Street Continue Strengthening Weekend Ahead


make money blog$~Jakarta - American Stock Exchange (U.S.) continue to rally until the close of the third week of August. The S & P 500 rose 0.19% and closed at 1418.16 level.



The S & P 500 is approaching the highest position four years ago, when the crisis began to spread fears of the U.S. in 2007. Although it has been touch 1400 level, the stock trading volume is low.

Dow Jones Index increased 0.19% to 13275.2 thin. While the Nasdaq to achieve positive results and closed at 3076.59 territory.

Nasdaq posted its highest compared to other indices, with the encouragement of Apple Inc. stock. increased 1.85% to 648.11 level. While the CBOE VIX index moves volatile. VIX fell to its lowest level in five years.

"The market was deliberately holding a higher increase in the index. Rally is happening is certainly a good news market. Many stocks boosted because of the progress occurring in the industry," said Director Ralph Edwards ITG Derivatives Strategy as reported by Reuters on Saturday (08/18/2012) .

Achievement is not reflected on the Nasdaq stock up, which again falls deeper and farther away from the position of inaugural price.

Groupon Inc. shares also slumped on Friday trading, after analyst at Evercore Partners, Ken Sena Groupon lowered its price target to U.S. $ 3. GRPN finally fell 5% to as low as U.S. $ 4.51 from the previous position of U.S. $ 4.75.
sources:http://finance.detik.com

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