Thursday, November 17, 2016

Wall St. closed on the rise after economic data and a speech from Yellen – Ambito.com

Wall Street closed upward, and the Dow Jones, its main indicator, advanced by 0.19 % after news new economic data better than expected, and a speech of the president of the Federal Reserve (Fed), Janet Yellen.

The index added 35,68 points and ended at 18.903,82 units, the selective S&P 500 climbed 0.47 % to 2.187,12 integers and the composite index of the market Nasdaq rose 0.74 percent to 5.333,96 units.

The operators in the parquet new yorker returned to recover the mood of the buyer of the last days, interrupted on Wednesday in the case of the Dow Jones, and its three main references ended up the day on the verge of reaching new highs.

The session was marked by the publication of new economic data better than expected, and a speech delivered by the chairman of the Fed to the Capitol, his first public appearance since the victory of the tycoon Donald Trump in the presidential elections in the U.S.

Yellen said to the congressmen that a new rise in interest rates may be appropriate “relatively soon” if the data provide any additional evidence of continued progress towards the objectives set.

The president of the central bank also stated that there is “a high degree of uncertainty” and needs “more clarity” about the policies of the new Government of president-elect, Donald Trump, before assessing their effects on the economic outlook.

Precisely in the day was known as the requests for unemployment benefits in the U.S. fell by 19,000 last week, and stood in the 235,000, its lowest level in four decades, while the construction of new homes shot up in October to 25.5 %.

For his part, the Commerce Department reported that the consumer price index (CPI) increased by 0.4 % in October, the biggest increase in six months, but in line with expectations, and the annual inflation stood at 1.6 %.

In terms of the results season, Walmart is not convinced with his quarterly accounts, and their actions fell with force 3.05 %, while Cisco Systems fell a 4,81 % after disappointing the day before to the investors.

Except for the energy (-0,32 %), the rest of the sectors on Wall Street ended higher, among which highlighted the technological (0,55 %), financial (0,53 %), industrial (0,32 %) and raw materials (0,12 %).

Home Depot (2,87 %) led the gains in the Dow, ahead of Nike (1,80 %), Goldman Sachs (1,69 %), Microsoft (1,66 %), Visa (1,24 %), JPMorgan Chase (0,80 %), Intel (0,52 %), 3M (0,44 %), DuPont (0,42 %), IBM (0,35 %) and Walt Disney (0,25 %).

on The other side of the table fell Cisco Systems (-4,81 %), Walmart (-3,05 %), Boeing (-0,76 %), Pfizer (-0,72 %), Caterpillar (-0,61 %), Exxon Mobil (-0,61 %), UnitedHealth (-0,48 %), Coca-Cola (-0,34 %), United Technologies (-0,23 %) and Chevron (-0,21 %).

meanwhile, the main european stock markets closed this Thursday, with moderate rises, in a market dominated by prudence after the speech of the president of the Federal Reserve (Fed) u.s., Janet Yellen.

In the London stock exchange index FTSE-100 climbed up 0.67%, Frankfurt’s Dax gained 0.2% and in Paris the CAC 40 advanced 0.6 percent. With the same trend closed the Madrid stock exchange, with the Ibex 35 gaining 0.9%. In Milan, the FTSE Mib ended almost balance, with a loss of 0.03%.

• Asia

The bag Tokyo closed stable, after having fired nearly 10% in the last few days, reacting unexpectedly with optimism to the election of Donald Trump as president of the united States.

The index Nikkei 225 leading values won by 0.42 points (0,00%), up to 17.862,63 points.

The index Topix of all values came up for your party 0,10% – 1,43-points, up to 1.423,08 points.

In the foreign exchange market, the dollar rose to 109,15 yen, compared to 109,05 yen on the eve of the close in Tokyo. In contrast, the euro gave way to 116,75 yen, compared to 117,26 yen.

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