Wall Street ends higher in today's session, and the Nasdaq its worst week since October 2012
U.S. indices ended the trading session higher end of the week, and that on a day of positive economic data represented by high levels of spending over the past month in February and confidence levels during the current month of March.
Record the biotechnology sector within the NASDAQ fell today around 3% to record weekly loss of 7%, while the NASDAQ record losses over the week around 2.82% and is the worst losses since October / October 2012.
We start with a report personal income and that for the month of February, where the report came explaining that personal spending, which constitutes the largest percentage of the economy is likely to continue to grow during the current year after the report showed that spending has risen as a result of rising personal income, and may report explained also that the Americans had begun to get rid of the effects of the storms that hit the country in the past period, bringing the levels of confidence.
Personal income rose during the month of February by 0.3, while the U.S. increased spending levels by 0.3, where the largest share of this expenditure has been spent on public services, and point out that consumer spending accounts for 70% of U.S. GDP.
And a transition to the levels of confidence has today released the second and final reading of the University of Michigan index of consumer sentiment for the month of March / March with a value of 80.0, compared with a value of 79.9 in the preliminary reading earlier, and may have suffered their worst reading came from expectations that referred to 80.5.
Turning to the indicators and, when closed Closing as follows:
- Idaho industrial index rose by 0.36% or 58.83 points to close at 16323.06 points, and may settle Aqtth Atd 16267.77 points, with 26 shares rose while 4 shares declined.
- S & P 500 rose by 0.46% or 8.58 bitmap to close at 1857.62 points, and had opened trading at 1850.07 points, and 409 shares rose while 86 shares declined and 5 shares remained unchanged.
- The NASDAQ rose by 0.11% or 4.53 points to close at 4155.76 points, and had opened trading at 4163.18 points.
Comments
Post a Comment