Return to Main Menu
Wall Street on Wednesday to extend the increase (18 / 3) local time, in a trading market that is changeable, driven surprise Federal Reserve decision to add 1.15 trillion U.S. dollars to make up the economic recovery.
Index Dow Jones Industrial Average rebound (turn increase) decrease from the beginning and increased 90.88 points, or 1.23 percent, to be closed at 7486.58, back again from the daily increase of more than 170 points.
Jump Nasdaq composite index rose 29.11 points, or 1.99 percent, to be 1491.22 and the index Standard & Poor's 500 rose 16.23 points, or 2.09 percent, to be 794.35, the sixth increase in the time seven sessions on Wall Street.
Market digging for most of the session until there is surprising announcement from the Fed, that the government will buy up to 300 billion U.S. dollars of bonds (T-bond) and long-term add 850 billion U.S. dollars of other debt in an effort to lower borrowing costs further and reawaken the economy is almost dead.
Ryan Sweet of Moody's Economy.com says this step is a decrease in the market. The Fed is delaying action on the previous meeting. "The pull out all the Fed to improve the termination of the trust back, stabilize the financial markets and stimulate the economy," he said.
Cary Leahey, economist of Decision Economics, said the Fed action as "bullish for bonds that crowded, and less for equity, but it is positive since the Fed wishes to buy something ... and anything."
Leahey said the Fed recognizes adannya signal improvements, instead choosing to take an aggressive strategy to ensure that recovery mengakar. "You can rotate, as a signal that (Fed officials) really ditakutkan, but I think conditions better than their six last week," he said.
Julia Coronado of Barclays Capital, said Fed officials have concluded they can not wait for Congress and the financial department to solve the problem and the need for more aggressive moves in the financial markets.
Coronado, said that the initiative may be large impact on the economy, bringing down many of the loan interest rates by central banks can not directly control.
He noted that the lopsided results (yield) T-bonds show a decrease immediately after the announcement, and this will be translated into a decrease in interest rates for housing loans, consumer, and business. The Fed triggered a rally in full strength with the bond market, pushing down yield.
Yield bond measure of 10 years the U.S. had fallen from a 2533 percent 3003 percent on Tuesday, and on the state bond measure to U.S. down 30 percent from 3572 into 3804 percent. Bond prices and yield move in the opposite direction.
Financial sector to extend a sharp rebound from the lowest position in history. Bank of America jumped 22 percent to 7.67 U.S. dollars, after the Executive Director Kenneth Lewis said the group can pay back the capital injection from the U.S. Government in early 2010.
Competitors, Citigroup, maintain momentumnya well, rising 22.7 percent to 3.08 U.S. dollars and Wells Fargo up 17.4 percent to 17.22 U.S. dollars.
Dalam program ini tersedia dana dengan jumlah tak terbatas yang berasal dari ribuan sumber sehingga memungkinan bagi siapa saja untuk mendaftar dan berpeluang mendapatkan dana hibah, tanpa syarat!
Gabung Disini
Tidak ada komentar:
Posting Komentar