Although the number of initial claims for unemployment benefits rose last week, but due to higher than expected performance of the company, 27 three major U.S. stock indexes to rise at close.
27 U.S. Department of Labor announced, as of January 22, when the weekly initial claims for unemployment benefits increased by 5.1 million to 45.4 million, well above market expectations. The Labor Department said initial claims for unemployment benefits the current round of the unexpected rise in very cold weather may be due to short-term unemployment of factors.
Meanwhile, the U.S. real estate brokers association bulletin, signed in December of second-hand housing sales index up 2% qoq. The item data also higher than the market this chain is expected to drop 0.5%. November sales of second-hand housing index ring sign was an increase of 3.5%.
Performance of the company, the telecommunications giant AT & T announced its fourth-quarter profit, slightly better than market expectations, but revenue slightly below expectations. Heavy machinery maker Caterpillar reported fourth-quarter profit from 232 million last year rose to 968 million, beating market expectations.
In addition, Standard & Poor's lowered Japan's long-term sovereign credit rating to AA-, that the Japanese government to reduce the debt burden of 11 trillion anxiety. Japan's debt will grow to two of the gross domestic product.
New York stock markets closed, the Dow Jones 30 Industrial Average index over the previous trading day up 4.39 points to close at 11,989.83 points, or 0.04%. Standard & Poor's 500 index rose 2.91 points to close at 1299.54 points, or 0.22%. The Nasdaq composite index rose 15.78 points to close at 2755.28 points, or 0.58%.