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Friday, December 18, trading on U.S. stock exchanges were even in the complete absence of any significant macroeconomic data from the U.S. and globally.
therefore a guide to the markets was the successful quarterly results and optimistic projections for 2 large representatives of the high-tech sector - a leading developer of software products for large businesses, Oracle and Research In Motion, generating record sales pobivshie smartphones BlackBerry. Both companies have not only successfully made themselves by winning on the basis of trades, respectively 6.3% and 10.4%, but also contributed positive dynamics of equity markets, especially the base for high-tech enterprises NASDAQ.
important factor for developments on the stock exchange was complete and quarterly trade just four types of futures and options on indexes and stocks, as well as the quarterly change in the listing SP 500, all of which usually leads to greater sales volume and high volatility with unpredictable finale . The influence of these factors on the course of trading is clearly apparent, and on Friday, which, however, did not prevent all the major stock indexes end the day with a positive result, but with varying degrees of success on the week.
Index Dow Jones industrial average rose by 20.63 points or 0.20% to 10328.89 points, reduction per week was 1.4%. Index of Standard Poor “s 500 rose by 6.39 points or 0.58%, to close at 1102.47 points, a loss for the week amounted to 0.4%. The Nasdaq Composite Index rose by 31.64 points or 1.45% to a value of 2211.69 points, adding during the week of 1%.
at an elite American Economic Club of Top-30 in the Green Zone finished the majority of companies (18), headed by leading representatives of high-tech sector - the main driver of growth of stock markets on Friday - Intel Corporation (2.9%), Microsoft (2.6%) , Hewlett-Packard (1.9%) and Cisco System (0.7%). With a decent profit over the day and for the largest representatives of the financial sector, JPMorgan Chase (1.7%) and Bank of America (1.1%). Among the losers the worst result was marked by the aviation industry”s flagship Boeing (-1.9%) due to the breakdown of negotiations with the planned order of 200 new aircraft the airline Ryanair Holdings, after both sides failed to agree on mutually acceptable terms of the contract.
A leading manufacturer of components for large trucks and wagons Dana Holding won 11.6% due to higher rating of its shares to “neutral” to “buy” by analysts JPMorgan Chase.
Shares operator VeriSign, supporting the Internet domains of the first level. com,. net and some others, grew by7.5% after the announcement of the upcoming increase fees for registration of domain names next year.
largest in the U.S. second-hand car dealer CarMax increased its market capitalization at 7%, achieving the quarterly earnings per share of 54% above the average peer expectations.
Supplier popular computer game programs Take-Two Interactive Software jumped by 9.2% due to the success of its products in the 4 th quarter and the acquisition of an additional package of its shares by billionaire Carl Ikenom which has increased its stake in the company of up to 11%.
Major housing company KB Home lost as a result of trades 1.5%, saying the dismissal of its finance director after just one month after his appointment.
price of gold futures for delivery in December on the basis of trading on the COMEX rose by 4.00 dollars or 0.4% to a value of 1110.80 dollars per troy ounce.
Gold after sustained serious damage on the eve of Friday a few grown up in price, helped by the completion of quarterly trade various futures and options, including on the inventory of raw materials. More heavy increment, however, prevented the strengthening of the dollar. Compared with the closing level of last Friday the price of December gold futures fell by 0.8%, continuing to bear the loss of the 3rd week in a row.
price of futures on crude oil Light with delivery in January on the basis of trading on NYMEX rose by 71 cents, or 1% to 73.36 dollars per barrel.
Oil rose against the background of news about Iran”s seizure of Iraqi-owned wells in the border area and the possible escalation of the conflict, but the profit was limited by heightened by the events of the same dollar. As a whole week to win on the January oil futures reached 5% after 3 previous losing weeks.
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