The Dow Jones closed with an increase of 1.68 percent
The Dow Jones industrials, a leading indicator of Wall Street, closed today with a strong increase of 1.68% to win back the mark of 13,000 points after learning the outcome of the meeting of the Federal Reserve.
This index, which brings together thirty of the largest U.S. publicly traded companies, totaled 217.97 points to end at 13,177.68 units, which finished back above the level on which closed on February 28 first time since May 2008.
Even more striking was the conquest of the Nasdaq Composite Index, which closed today above 3,000 points for the first time since December 2000 after rising 1.88% (56.22 points ) and settle at 3039.88.
The benchmark S & P 500 meanwhile won another solid 1.81% (24.87 points) to the 1395.96 drives.
The parquet New York, who had begun the day with a strong upward trend due to increased retail sales in the U.S., increased its gains after the Fed announced it leaves interest rates unchanged between 0% and 0.25%, and said the rising gasoline prices have effects only “temporary” on inflation.
In addition, investors were pleased that the largest U.S. bank by assets, JPMorgan Chase, announced it would raise its quarterly dividend to 30 cents and it will initiate a share repurchase plan of up to 15,000 million dollars, so which shot up 7.03%.
The impressive increase also occurred after several media publish that bank and Bank of America (shot another 6.26%) have passed stress tests to which they were submitted by the Fed and now expected to be published today instead of Thursday as expected.
The strong gains of the two banks led gains in the Dow Jones, whose thirty components closed in positive day also captained the aluminum producer Alcoa (4.46% ), the heavy equipment maker Caterpillar (4%), Walt Disney group (3.94%) and industrial group United Technologies (3.07%).
Closed with gains of more than two percentage points five other companies in the index, while over a third ended with gains greater than 1%, including Intel (1.87%).
The rise of the latter came after that was published that the largest chipmaker in the world is developing a new Internet TV channel and is promoting it among media companies.
Outside of that index the multinational Internet Yahoo gained 0.41% one day after claiming in a court of California to Facebook for violation of ten patents, including those governing the operation of privacy systems or advertising.
In other markets, oil rose to $ 106.71 per barrel, gold fell to $ 1,694.2 an ounce, the dollar gained ground against the euro ($ 1.3076) and profitability of U.S. government debt to ten years progressed to 2.13%.
Don't Miss
Wall Street opens with a drop of 0.14 percent after goods data in the U.S.
Wall Street opens almost flat and the Dow Jones goes to 0.02 percent
Wall Street rises after an increase in retail sales in the U.S.
Wall Street closes with a decrease of 0.6 percent 
Seoul’s stock market lost 1.5 percent dragged down by Wall Street
Category: Business News
