Media claim that this has been the most volatile week for the New York Stock Exchange in its 115-year history.
NEW YORK–The dow Jones of the New York Stock Exchange index gained Friday 125.71 points, or 1.13%, to 11 thousand 269.02 units, despite which ended with a fall of one percentage point in the more volatile week in its 115-year history.
It examines how the stock market the day
The Nasdaq composite index rose 15.30 points, 0.62 per cent, to stay in two thousand 507.98 units and & Standard Poor’s 500 selected actions advanced 6.17 points, 0.53%, a thousand 178.81 units, said AFP.
In the energy market, crude oil benchmark West Texas Intermediate (WTI)for delivery in September, fell 34 cents and was quoted in 85.38 dollars per barrel, which ended with losses for third straight week.
Historical week for Wall Street
In the first four days of the week, the Dow moved more than 400 points, both upward and downward, an unprecedented behavior caused by uncertainty about the economy of United States and the crisis of debts in Europe.
The upside of this Friday was favored then that the Commerce Department reported that retail in United States sales advanced 0.5 percent in July, a sign that consumers keep spending despite the turbulence.
Contributions overlooked that United States consumer confidence fell in August to 54.9 points, with regard to the July 63.7, its lowest level since May 1980, according to the partial index published by the University of Michigan, reported Notimex.
“Securities traders and investors are at the point of complete exhaustion.” “Investors are wondering now how behave stock market next week”, said Gary Flam, analyst of Bel Air Investment Advisors.
During the day were negotiated for about one thousand 253 million titles, operated by three thousand 118 radio stations, of which thousand 945 rose price, mil 90 fell and 83 remained unchanged.
The other major stock indicators finished in positive ground, as the Dow Jones.
Europe also with green numbers
For its part the European markets, likewise ended in hikes, with Paris winning 4.02%, Frankfort 3.45% and London 3.04%. The bags were driven by banking values, following the announcement of restrictions on the uncovered short sales, which allow speculate downwards, France, Italy, Spain and Belgium.
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