Wall Street Closed Up 14.08 Points
Wall Street advances eased today in the final of the day and the Dow Jones Industrial closed with a slight rise of 0.11%, on a day when they met some encouraging data U.S. labor market.
The benchmark of New York gained 14.08 points to end at 12,922.02 points, or S & P 500 gained 0.36% (4.96 points) to 1,370.87 and the Nasdaq Composite Index advanced 0.60% (17.92 points) to 2,988.34 points.
Investors on Wall Street had started the day with optimism after news that the U.S. economy had a net gain of 227,000 jobs in February, up from what analysts expected, which stood at 210,000.
The Labor Department announced that the unemployment rate in the United States remained at 8.3% last month, adjusted its figures for January and rose from 243,000 to 284,000 net gain of jobs.
Traders in New York also held off the historic Greek debt, most of its modern history, and allows access to a second bailout worth 130,000 million euros, which will avoid the dreaded bankruptcy.
However, Wall Street advances slowed down the stretch after news that the International Swaps and Derivatives (ISDA) held in London who has been a “credit event” regarding Greek debt implying a de facto default.
At the end of the day most of the sectors recorded increases, among which highlighted the service (0.54%), the capital goods (0.47%) or financial (0.32%), while the energy 0.36% was left as a whole.
Two thirds of the thirty Dow components ended the session in positive, led by JPMorgan Chase (1.46%), the insurer Travelers (0.89%), the Intel technology (0.86%) and chemicals DuPont (0.82%).
Also rose Cisco Systems (0.61%), the DIY retailer Home Depot (0.59%), the operator AT & T (0.58%) , Merck (0.55%) or the entertainment giant Disney (0.52%), among others.
Across the board declines highlighted the HP (-1.87%), the aircraft manufacturer Boeing (-1.19%) and oil companies Exxon Mobil and Chevron, which were left respectively 0.62% and 0.42%.
Out of the index, said the rise of 3.25% of the coffee chain Starbucks on the Nasdaq, after announcing that it will release a new coffee capsule system to open a hole in market dominated by other firms.
The news made a stunning plummet 15.72% shares of the company Green Mountain Coffee, which had closed a deal with Starbucks to sell in their stores its popular Keurig coffee pods.
The giant Apple closed with a rise of 0.59% while Carnival Corporation, the largest cruise operator in the world, was down 1.23% after confirming that came into red in its fiscal first quarter.
In other markets, oil rose to $ 107.4 per barrel, gold rose to $ 1,713.9 an ounce, the dollar gained ground against the euro ($ 1.3124) and profitability of U.S. government debt to ten years progressed to 2.03%.
Category: Investing
