Monday, January 3, 2011

Stock Market

Investors mostly stayed off the road on Friday, when New Year's Eve and the markets largely closed mixed. It was also one of the lightest days of the year the trade volume. Although outside of the Dow Jones, some criteria in some points in the last day the market showed an optimistic outlook at the end of the year. It was the second consecutive year that the leading markets. In addition, the benchmarks have also posted double-digit growth for the year.
On Friday rose close the Dow Jones Industrial Average (DJIA) 0.07% to 11,577.51. The S & P 500 fell 0.02% to close at 1,257.64 and the Nasdaq ended the day at 2652.87, after 0.38%. The CBOE Volatility Index (VIX) rose to 18 In the New York Stock Exchange, the expected volume, and for every four shares dried roses, three shares finished in the red numbers. For the year, the Dow Jones rose 11% while S & P 500 and Nasdaq by 13% and 17%.
December was a month full of events and played an important role in the market in 2010 to move. The month of December also helped to record the rate of post-some new, mainly due to positive economic data and earnings growth, among other factors. A large increase in December was also the result of the expansion of the tax cuts Bush era. The Dow Jones, S & P 500 and Nasdaq posted its best performance since December 2003, 1991 and 1999.
Concerned about the debt crisis in the euro zone, the market for a few weeks affect end of 2010. The financial sector also has the impact before the markets taking into account the concerns that the EU has said the rescue plan be felt. In other news, the Fed also said that its 600 billion U.S. dollars economic stimulus package in an attempt to help the economy, help the financial sector to some extent positive. The financial sector posted significant gains in a month in December as the key actions has soared.
Financial sector earnings have not selected by the major banks in a strong recovery. Shares in the banking sector, such as Marshall & Ilsley (NYSE: IM - Analyst reports) rose by 45%, Regions Financial (NYSE: RF Analyst Reports) increased by 30%, Zion Bancorp (Nasdaq: ZION - Analyst Reports) increased by 25% , Bank of America (NYSE: BAC - Analyst Reports) increased by 22%, while Wells Fargo (NYSE: WFC - Analyst Reports), JP Morgan (NYSE: JPM - Analyst Reports) Citi (NYSE: C - Analyst reports) 14%, 13% and 13%.
Mergers and acquisitions news, Universal American Corporation (NYSE: UAM - Report Snapshots) jumped 40% on agreement, CVS Caremark Corp. will be acquired (NYSE: CVS - Analyst Reports), a chain of pharmacies, for $ 1,250,000,000th CVS fell 0.7%. The shares of IMAX Corporation (NASDAQ: IMAX - Report Snapshot) rose by 4.5% to close at $ 28.07 after a report that Sony Corp. (NYSE: SNE - Report Snapshot) to at least $ 40 per share for the Society offer movies on the big screen. However, Sony has refused to provide information. Fremont, Michigan InsuraCorp Inc. rose 9.6% to $ 28.50 to close after Biglari Holdings Inc. raised its offer to $ 31 per share to buy the insurance.
In a few feet, fell, the shares of Borders Group, 22% after the second largest library in the country, "he said, payments to some producers delay and warned it against a crisis of liquidity in the spring of 2011, Netflix Inc. (NASDAQ: NFLX - report snapshots). And F5 Networks Inc. (NASDAQ: FFIV - Snapshots report), both of which had jumped 226% and 150% in 2010 fell by 2.3% and 1.7% in trading on Friday.

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