Large companies index Dow Jones Industrial Average closed 1.2 percent higher on the index level of 18,034, while the broader S & amp; P 500 climbed 0.9 percent to 2,100. Technology Seal the Nasdaq Composite rose 1.3 percent to 4994.
sales amounted to 670 million shares on the New York Stock Exchange and 1.6 billion on the Nasdaq.
On Monday said China’s central bank PBOC the numbers showed that the country’s GDP growth rate is now the lowest in six years. The banks’ reserve requirements were lowered from Monday, with 100 points.
On the stock front stood the Morgan Stanley report in the center. The bank reported an adjusted earnings per share of 0.85 dollars, which was better than analysts’ expectations of 0.78 dollars. Although revenue topped estimates, but shares accounted for a moderate increase of 0.6 percent.
IBM’s report was expected after closing. Shares were strong before this – up 3.4 per cent – which meant first place in the Dow Jones index.
Furthermore, the technology and the IT sector was noted companies like Facebook, Microsoft and Google 2.2-3, 1 percent higher.
toy and media company Hasbro reported a loss per share of 21 cents, which was more than twice as good as expected. Shares rose close to 12.6 percent.
On the bond market, the interest rate on a ten-year US Treasury bond up 2 points at 1.89 percent.
No comments:
Post a Comment