Wall Street closes with a gain of 1.03 %

Best Growth Stock – The New York Stock Exchange recovered the strong upward trend that began the day before the expectations of that Greece will receive another bailout and the Dow Jones ended with a rise of 1.03%.

That index, comprising the 30 largest companies listed in the United States, added 128,21 points this first trading week session – that on Monday the New York floor remained closed for the holiday of the day of the fallen in the United States, which closed the day at 12.569,79 points.

For its part the selective S & P 500 rose 1.06% (14.1 points) to 1.345,2 points, and the composite of the Nasdaq market index rose 1.37% (38,44 points) up to 2.835,3 points.

The floor New York, who had lost something of bellows into the Middle session, managed to close at the highs of the day, encouraged by expectations that Greece will agree on a new bailout with the European Union (EU), a hope that also lifted the mood buyer in the main European financial centres.

That optimism more influenced the mood of investors than the publication of various macroeconomic data worse than expected in the United States, by what finally all the components of the Dow Jones closed in field positive except for the McDonald’s fast food chain (- 0.1%).

The progress of that index led them the pharmaceutical Pfizer (2.48%) and the technological Cisco (2.07%), while more than a third of the components of the Dow managed promotion higher than the percentage, including point manufacturer of aluminum Alcoa (2%), the industrial group United Technologies (1.67%), the oil company Chevron (1.65%) and also pharmaceutical Merck (1.49%).

Out of that index highlighted the strong advance of 11.95% American Chemistry Ashland, a day in which announced that it has agreed to with the signing of specialty chemicals International Specialty Products (ISP) for US$ 3.2 billion in cash, an operation that seeks to increase its business of pharmaceuticals and for personal hygiene.

It stressed also the fall of 14,39% of the shares of Nokia that is listed in the New York Stock Exchange, a day in which the largest manufacturer of mobile phones in the world lowered their forecasts for the second quarter of the year and noted that both its sales and profits would be substantially “less” than expected.

On the other hand the decision of Germany of stand out from the atomic energy after the catastrophe of Fukushima (Japan) to announce the closure of its plants for 2022 pushed the progress of companies of solar energy as the American GT Solar (Zarya %) and First Solar (2.37%) or the china LDK Solar (8.12%).

On the Nasdaq market technology giant Apple won 3.09% after it was revealed that its CEO, Steve Jobs, who wore low medical since early this year, on 6 June, to participate in a Conference of the company which will be also presented a new storage service in the cloud.

In other markets, crude oil rose to US$ 102,7 per barrel, gold had fallen to US$ 1.536,8 an ounce, the dollar lost ground against other currencies as the euro (which is changed to the closure of the session by US$ 1,4392) and the profitability of the US public debt at 10 years retreated to 3.05%.