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9/12/12

Wall Street Uphill Powered Technology Stocks


MAKE MONEY B; OG $ ~ New York - Wall Street stock markets closed positive following the strengthening of the European markets after a German court agreed to give a bailout for the EU debt crisis.


Technology stocks led the gains this time. Facebook shares rise 7% after the owner of the Mark Zuckerberg said he would explore the smart phone industry to boost revenue. Stock market also helped Apple has just launched its latest generation of smart phones, the iPhone 5.

"No doubt, this is a good day for the European Union and financial markets," said Andreas Rees, an analyst from Unicredit diutip AFP on Thursday (13/09/2012).

"Together with the promise of the ECB to buy bonds of European countries, Germany made ​​the decision that given the security wall for the EU," he said.

Shares of Apple rose 1.4% to U.S. $ 669.79 per share, shortly after the company was founded Steve Jobs unveiled a new smartphone.

While Facebook shares rebounded 7.7 percent to U.S. $ 20.93 per share, still far below the initial public offering price of aliases initial public offering (IPO) U.S. $ 38 per share in May.

At the close of trading Wednesday, the Dow Jones industrial average edged up 9.99 points (0.07%) to a level of 13334.05. The S & P 500 rose 3.00 points (0.21%) to a level of 1436.56, while the Nasdaq Composite Index increased 9.78 points (0.2%) to a level of 3114.31.
source: detik.com

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