Since no major economic data released the same day, 8 New York Stock Exchange trading hours at most to maintain momentum within a narrow range, the three major stock indexes end lower led by financial stocks to rise at close.
Obama announced the previous day, reached with the Republican Party during Bush's tax cuts to extend the agreement, even though the agreement also must be approved by Congress, the final, but most market participants are optimistic about the future, and believe that this initiative will have help to stimulate consumption, and promote sustained recovery in the U.S. economy.
By the impact of this policy, investors sell U.S. Treasury bonds suffered the 10-year U.S. Treasury yields rose to 6 months since the day the highest level. Meanwhile, the dollar strengthened, resulting in dollar-denominated gold, silver and crude oil and other commodity prices under the greater pressure.
In contrast, prominent New York stock market did not change throughout the day, the three major indexes opened higher, after the shock will be maintained between the trend in the ups and downs, after midday, boosted by financial shares steadily higher, eventually rising to close across the board.
Placid compared to the overall performance of the stock market, the two day in New York Stock Exchange set off a round of Chinese Internet companies boom. China's largest video site Youku and e-commerce website Dangdang day initial public offering (IPO) while landing the NYSE, a listed company's share price the first day of the performance of the two are very rosy. Among them, Youku shares closed up more than 160% for all companies listed on the NYSE in recent years in the first day of the performance of the best one.
New York stock markets closed, the Dow Jones 30 industrial stock index rose more than 13.32 points the previous trading day to close at 11,372.48 points, or 0.12%. Standard & Poor's 500 index rose 4.53 points to close at 1228.28 points, or 0.37%. The Nasdaq composite index rose 10.67 points to close at 2609.16 points, or 0.41%.
Obama announced the previous day, reached with the Republican Party during Bush's tax cuts to extend the agreement, even though the agreement also must be approved by Congress, the final, but most market participants are optimistic about the future, and believe that this initiative will have help to stimulate consumption, and promote sustained recovery in the U.S. economy.
By the impact of this policy, investors sell U.S. Treasury bonds suffered the 10-year U.S. Treasury yields rose to 6 months since the day the highest level. Meanwhile, the dollar strengthened, resulting in dollar-denominated gold, silver and crude oil and other commodity prices under the greater pressure.
In contrast, prominent New York stock market did not change throughout the day, the three major indexes opened higher, after the shock will be maintained between the trend in the ups and downs, after midday, boosted by financial shares steadily higher, eventually rising to close across the board.
Placid compared to the overall performance of the stock market, the two day in New York Stock Exchange set off a round of Chinese Internet companies boom. China's largest video site Youku and e-commerce website Dangdang day initial public offering (IPO) while landing the NYSE, a listed company's share price the first day of the performance of the two are very rosy. Among them, Youku shares closed up more than 160% for all companies listed on the NYSE in recent years in the first day of the performance of the best one.
New York stock markets closed, the Dow Jones 30 industrial stock index rose more than 13.32 points the previous trading day to close at 11,372.48 points, or 0.12%. Standard & Poor's 500 index rose 4.53 points to close at 1228.28 points, or 0.37%. The Nasdaq composite index rose 10.67 points to close at 2609.16 points, or 0.41%.
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