2010/12/30

U.S. consumer spending or make acquisitions to accelerate next year

Economists and analysts say U.S. consumers in 2010 to deal depresses the "brake", but in the next year, M & A transactions may be "throttle."

CEOs of U.S. companies this year to retain cash reserves for the company hit its highest level ever, because recent economic downturn in the cycle of depleted energy consumers doubt the economic recovery process. Although this year's global mergers and acquisitions market, the total value of more than 2 trillion U.S. dollars, 3-year growth for the first time, but still well below the 2007 record high of 4 trillion U.S. dollars.

Economists and analysts expect consumer shopping activity may help M & A transactions in 2011 the total value of close to 2007 levels. According to consulting firm MasterCard (MasterCard Advisors) SpendingPulse's data research data released by the U.S. holiday sales this year, 5.5% more than last year, marking the best performance of 5 years, mainly due to sales of clothing and jewelry to perform well.

New York Fashion maker Warnaco Group Inc (WRC) chief executive Joseph - Gloria Michael (Joseph Gromek), said the situation in consumer spending, the U.S. company's optimism is growing, and willing to take on more risk. Warnaco Group is a well-known Calvin Klein and Speedo and other brand owners.

Majority of Americans oppose the Federal Communications Commission monitor the Internet

Pollsters Rasmussen Reports survey shows that more than half of Americans oppose the U.S. Federal Communications Commission (hereinafter referred to as the "FCC") on the Internet to take regulatory measures.

Survey of 1,000 respondents, of which only 21% were in favor of FCC regulatory measures taken on the Internet; 54% against the government control the Internet; another 25% had not made a decision.

Earlier this month, FCC issued new rules to require Internet service providers to follow the U.S. "network neutrality" principles, not discriminatory treatment of Internet traffic on its network. The move provoked an uproar in the U.S. politics, it was not necessary that these provisions, the FCC has the execute permission is also debatable.

In the survey, Rasmussen Reports asked respondents to answer the following questions: FCC Should like regulatory supervision of radio and television as the Internet; regulation compared with the free market competition, which one can better protect the interests of Internet users; and whether the abuse of the Internet FCC custody, in order to achieve some ulterior purpose.

2010/12/28

Close: Stocks mixed economic data were mixed

U.S. stocks ended mixed Tuesday. Morning economic data released by the U.S. economic recovery prospects look mixed, so that the broader market continued to remain range-bound today.

At 4:00 p.m. on December 28 EST, the Dow Jones industrial average rose 20.51 points to close at 11,575.54 points, or 0.18%; the Nasdaq composite index fell 4.39 points to close at 2,662.88 points, down 0.16%; the S & P 500 index rose 0.98 points to close at 1,258.52 points, or 0.08%.

Economic data side, the United States in December from the November consumer confidence index fell 54.3 points to 52.5 points, below market expectations. U.S. October Case - Shiller 20 city price index by a seasonally adjusted, decreased by 1.0%, down 0.8%, larger than expected.

Manufacturing data from the central region in Atlanta, a bright spot. Regional Federal Reserve Bank of Richmond reported that in December of the region's rapid expansion of manufacturing activity; service activities are also greatly improved the situation.

International Council of Shopping Centers and Goldman Sachs Group, a survey showed U.S. chain store sales last week rose 4.8%. The MasterCard SpendingPulse sector consulting firm's data indicates that consumers bought more because of cold weather clothing, and buy more jewelry and other luxury goods, U.S. retailers ushered in the 5 years to represent one of the best holiday sales period.

Gold futures mark a breakthrough $ 1,400

Beijing News on Tuesday night by the stimulation of the dollar fell, gold futures rose 1.7% Tuesday, to return to the level of $ 1,400 an ounce.

 Copper is a new record high.

 February delivery gold contract rose $ 22.70, to close at $ 1,405.60 an ounce, the highest intraday rise to $ 1,407.20. Creating the contract on Tuesday, the 11th largest single-day rise since the beginning.

2010/12/27

Close: U.S. stocks traded mixed light

U.S. stocks were mixed Monday, trading volume was light. American International Group, the financial sector led the gains, the Dow record high after 26 months to the callback.
At 16:00 on December 27 EST, the Dow Jones Industrial Average fell 18.46 points to close at 11,555.03 points, down 0.16%; the Nasdaq composite index rose 1.67 points to close at 2,667.27 points, or 0.06%; the S & P 500 index rose 0.77 points to close at 1,257.54 points, or 0.06%.
By American International Group (AIG) to promote the good news, the financial sector led the broader market. The general decline in consumer discretionary sector.
Monday blizzard in most parts of the northeastern United States, New York City snowfall of up to 20 inches (51 cm). Adverse weather conditions for the northeastern United States traffic disruption, so that after Christmas the already low stock turnover shrink further.
China rate hike fears caused by the global stock markets came under pressure Monday. China on Saturday raised the benchmark lending rate, leading to general decline in global stock markets on Monday. Analysts pointed out that the rate hikes that China is trying to make an economic slowdown.
U.S. economic data, the Dallas Federal Reserve Bank reported that the Texas area in December factory activity index rose slightly, but the increase slowed. Index of factory activity in the region from 16.2 in November slowed to 12.8
European stock markets ended lower Monday. New York gold futures rose 0.2%, to close at $ 1,382.20 an ounce. Crude oil futures prices fell 0.6%, to close at 91 dollars a barrel.

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New York Stock Exchange on the first day after Christmas to close base in flat plate

Since most investors are still not returned to the Christmas holiday market trading, 27 stocks traded on the New York extremely light, the three major stock indexes end flat plate to close at basic.
Christmas day is the first trading day after the holidays, according to the situation in previous years, because most investors are still on leave, and the major institutions will not be easy in the end of the year to make major adjustments to the portfolio, so the Christmas and New Year U.S. stocks a week turnover is usually low. Suffered the same day the blizzard hit the eastern United States, making the already thin market trading volume is more limited.
Morning when the interest rate announced by the Chinese once again the impact of the three major New York stock market index opened lower across the board. People's Bank of China announced over the weekend, the benchmark deposit and lending rates by 0.25 percentage point to curb domestic inflation. The timing of this announcement was a bit surprised investors in the market, so early pressure on the market, some investors worried that China take measures to continuously tighten liquidity in the market may be cooling its economy.
After midday, the New York stock market began a steady rise. On the one hand, the rise in financial stocks on the stock market has played a leading role; the other hand, some analysts have pointed out that the interest rate as the market situation in China in fact has long been expected, and the long term interest rates China's economy to its continued growth is good, so generally speaking not significant.
New York stock markets closed, the Dow Jones 30 Industrial Average index over the previous trading day down 18.46 points to close at 11,555.03 points, down 0.16%. Standard & Poor's 500 index rose 0.77 points to close at 1257.54 points, or 0.06%. The Nasdaq composite index rose 1.67 points to close at 2667.27 points, or 0.06%.
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2010/12/23

Close: Stocks Change is not a means another two-year high

U.S. stocks ended mixed on Thursday, the Dow closed more than two years another new high. The holidays have been to, economic data was mixed, most investors do not want to adjust the positions before the holidays.

At 4:00 p.m. on December 23 EST, the Dow Jones industrial average rose 14.00 points to close at 11,573.49 points, or 0.12%; the Nasdaq composite index fell 5.88 points to close at 2,665.60 points, down 0.22%; the S & P 500 index fell 2.07 points to close at 1,256.77 points, down 0.16%.

Dow has created 29 August 2008 the highest closing price since; intraday Dow rose to 11,580.84 points was the highest, the highest intraday high of two years. Financial sector generally lower. Telecommunications and raw materials sector outperformed the broader market.

Economic data side, the United States in November durable goods orders fell 1.3%, well above the average market forecast of 0.6%. U.S. consumer spending increased slightly in November, while consumer spending in October appeared the largest increase since more than a year. First-time applications for unemployment benefits last week fell by 3,000, to 42 million people, economists had expected a decline in 2000.

U.S. consumer confidence index for December of the final value of 74.5 points. November new home sales of 290,000.

Most investors believe that the holidays approached, no need to adjust positions. As traders left the market started to go on vacation Thursday and volume is thin. U.S. markets were closed Friday.

European stock markets rose slightly on Thursday. New York gold futures fell $ 6.90 to settle at $ 1,380.50 an ounce. Crude oil futures rose $ 1.03, or 1.1%, to close at $ 91.51 a barrel; this week, oil prices increased about 4%.

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New York gold futures closed lower from session lows

But rebounded from session lows, oil prices increased the attractiveness of gold to avoid the risk of inflation. Department of the New York Mercantile Exchange COMEX Gold futures for February delivery fell $ 6.90, to close at $ 1,380.50 an ounce, down 0.5%.

The contract closed Friday at $ 1,379.20 an ounce, so this week, gold futures are basically flat.

The Christmas holiday, the U.S. commodities markets closed Friday.

Floor trading in New York gold futures fell to $ 1,372.60 in the minimum, the dollar fell from a high point, and by the other commodity markets led to rising gold futures have rebounded session lows.

Crude oil futures broke through $ 91 a barrel mark, the highest since October 3, 2008 has been high.

Other dollar tracked 6 major currencies dollar index fell from Wednesday's 80.781 points to 80.511 points. Opened in New York when the dollar index 80.80 points in the vicinity.

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2010/12/22

Mediocre second-hand housing report finished lower dollar

The dollar retreated in late and turned down, the United States in November home sales index rose less than some analysts expected the report.

By the bad economic data and details of the Bank of England monetary policy impact of sterling weakness.

6 U.S. dollar against other tracking major currencies dollar index rose to intraday high of 80.781 points, currently down to 80.704 points to 80.711 points late Tuesday, the dollar index data released in the secondary housing before the 80.723 points.
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Obama "deficit reduction" hard to fulfill commitments

Data show that, as of the end of fiscal 2010, the federal government holds about 2.9 trillion dollars in assets and liabilities of 16.4 trillion U.S. dollars; the U.S. federal government budget deficit in the fiscal year'd cash in fiscal 2009 from the $ 1,417,000,000,000 narrowed to 1.294 trillion U.S. dollars, but in view of Obama has just signed on Friday immediately $ 858,000,000,000 total tax cut, in fiscal 2011 and fiscal year 2012 level of government cash budget deficit will still be over USD 1 trillion size.

Next two fiscal years, the high government cash budget deficit, combined with the level of the overall fiscal deficit from 2008's 10.2 trillion in fiscal year rose to $ 13,473,000,000,000 fast, which makes the motion is for the Obama government spending Congress of intense debate Members are more difficult to calm. However, because of Obama's legal expenses are currently running the case in the United States Eastern time at 0:00 on the 22nd due, lawmakers had passed the 21-day night a compromise motion on government spending.

The new bill will ensure that the federal government in the next March 4 the government has discretionary spending. However, the previous 1.1 trillion proposed "comprehensive" spending the motion failed to pass Congress for consideration, only the compromise bill as the basis for the U.S. federal government spending in the next 100 days time, will only be able to maintain basic operating functions, but not with Any additional spending power.

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Midday: U.S. stocks trade news promote

Midday Tuesday, the U.S. stock market continued to climb. TD Bank of Canada of 63 billion acquisition of Chrysler Financial and other merger news, including some of the improved market sentiment.

At 11:58 on December 21 EST, the Dow Jones industrial average rose 45.15 points to 11,523.28 points, or 0.39%; the Nasdaq composite index rose 13.72 points to 2,663.28 points, or 0.52%; the S & P 500 Index rose 6.05 points to 1,253.13 points, or 0.49%.

Among the Dow 30 stocks, 24 stocks rose.

Institutional investors, chief investment officer of Fred Davidson Companies - Dixon (Fred Dickson), said Dow, "three times in the past 10 days has tried to close at 11,500 points at the top, but failed. It seems to be a very difficult to overcome technical resistance , scheduled for this week, the Dow is difficult to break through this level. "

Among S & P 500 index, financial shares led the gains, consumer staples sector lagged.

On Monday, S & P and the Nasdaq composite index closed at a new high in 2010. Some analysts believe that at such a high level in the stock market, many funds may take the initiative to increase the proportion of cash and time in the New Year is around the corner to take a more cautious stance.

U.S. institutional investors market strategist at Cantor Fitzgerald Mark - Pardo (Marc Pado), said, "It's like a self-fulfilling prophecy. If we can not suppress the market down, it will become stronger."

On Monday the U.S. stock market trading volume was light. Pado said, "Yesterday's trading volume was light, probably indicates an already light at the end of the stock market turnover in the year may become even more light than expected."

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Afternoon: the financial sector led the broader market

U.S. stocks continue to rise on Tuesday afternoon, leading the financial sector gains. Some M & A news saw investors growth opportunities next year, M & A transactions, and a Chinese official's remarks strengthened the market's confidence in the euro zone economic outlook.

At 13:51 on December 21 EST, the Dow Jones industrial average rose 47.72 points to 11,525.85 points, or 0.42%; the Nasdaq composite index rose 16.62 points to 2,666.18 points, or 0.63%; the S & P 500 Index rose 6.78 points to 1,253.86 points, or 0.54%.

Financial sector led the broader market. Dow component JP Morgan Chase (JPM) rose 2.3%, American Express (AXP) rose 1.8%, Bank of America (BAC) rose 1.4%.

Some investors said the TD Bank in Canada, 6.3 billion agreement to acquire Chrysler, the financial sector, the market seems to think that more will occur next year, the financial industry mergers, the entire financial sector so prices. TD Bank rose 2.7%.

Also reported a number of other industry mergers and acquisitions news. Dutch chemicals group Royal DSM NV announced plans to $ 31.50 per share, totaling 1.09 billion to buy Martek Biosciences (MATK). MATK surged 35.1%.

Investment institutions managing director Paul Dearborn Partners - Nolte (Paul Nolte) that the above two transactions indicate that international buyers interested in U.S. companies, he was completely excited. He said, "They buy in assessing opportunities for U.S. companies and at least the value of some companies that are relatively cheap."

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2010/12/21

Afternoon: U.S. stocks mixed on stronger dollar

Dow 30 industrial stocks, 18 stocks fell. Boeing (BA) fell 2.7%, due to fears that the company will again postpone the 787 Dreamliner delivery time. 

Chip maker Intel (INTC) fell 1%, after "The Wall Street Journal" reported that European regulators are evaluating the proposed acquisition of Intel McAfee Inc offer. 

American Express (AXP) shares tumbled 5.8%. 

Foreign exchange markets, the dollar strengthened, tracking U.S. dollar against other major currencies 6 dollar index rose 80.68 points, a two-week intraday high. Dollar against the euro rose to two-week high, after the European Central Bank said last week the acquisition of substantially the number of European government bonds lower. 

Gold futures reversed early weakness up, February delivery gold gained $ 4.50, or 0.3%, to $ 1,383.70 an ounce, its highest intraday rise to 1,388.90 dollars. Crude oil futures prices. 

Despite the tensions on the Korean peninsula to upgrade again, but Monday the U.S. stock market is still slightly higher open after three weeks of trying to continue the momentum of continuous rise. According to media reports, South Korea on Monday, not far from the inter-Korean border for live-fire exercises Yin Ping Island, resulting in tightening of North-South relations. 

Institutional investors U.S. market analyst at Cantor Fitzgerald Mark - Pardo (Marc Pado) that since the fourth quarter results of listed companies is very strong, the stock market despite the overbought in the short term, but the gains are still expected to continue into next January. 

Pado said, "There is no doubt that the market has been overbought, but momentum is driving the market higher performance of listed companies, worth looking forward to the Christmas market."

Late afternoon: U.S. stocks mixed on the main index

EST at 15:14 on December 20 (Beijing time at 4:14 on December 21), the Dow Jones Industrial Average fell 2.76 points, at 11,489.15 points, down 0.02%; the Nasdaq composite index rose 9.44 points to 2,652.41 points, or 0.36%; Standard & Poor's 500 index rose 3.92 points to 1,247.83 points, or 0.32%.

However, institutional investors Cantor Fitzgerald U.S. market strategist Marc - Pardo (Marc Pado) that since the fourth quarter results of listed companies is very strong, the stock market despite the overbought in the short term, but the gains are still expected to continue into next January.

Pado said, "There is no doubt that the market has been overbought, but momentum is driving the market higher performance of listed companies, worth looking forward to the Christmas market."

The Dow rose 0.7% last week and has been rising for three consecutive weeks. Dow so far this year has already risen more than 10%. Dow 30 industrial stocks, 20 stocks rose. Credit card issuer American Express (AXP) shares fell 4%. Previously announced brokerage Stifel Nicolaus cut its rating from "buy" to "hold."

Boeing (BA) fell 3% after a decline in the Dow component American Express because of fears the company will once again be delayed 787 Dreamliner delivery time.

Chip maker Intel (INTC) fell 0.9%, after "The Wall Street Journal" reported that European regulators are evaluating the proposed acquisition of Intel McAfee Inc offer.

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2010/12/19

Reuters published an article Dec. 20 headline, "U.S. Senator said the bill is expected by 911 health," the main text content is summarized as follows

A support person on Sunday, announced that from the current indications, the U.S. government through the Health Act 911 more likely. The bill for firefighters and other emergency personnel, such as providing the necessary health protection. In a few weeks ago, the U.S. House of Representatives has expressed opposition to this bill. According to the plan, the U.S. Senate will soon discuss and vote on this bill.

U.S. Democratic Senator Charles Schumer (Charles Schumer) recently said: "I believe that this week we will usher in the victory of the bill, and ultimately be signed into law." But Charles Schumer also said that in the Through the course of this bill, there may be many unexpected obstacles arise.

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Global fund managers see more quietly heating up the concept of inflation in 2011

According to the latest survey results, most institutional investors are still optimistic on economic growth and, therefore, prefer more risky assets. On the other hand, continued monetary stimulus, but also makes investors began to pay more attention to the concept of asset inflation, such as resource stocks, while bond holdings of assets.

From the specific indicators, in December, Bank of America - Merrill Lynch global fund managers compiled by risk index rebounded sharply to 45, close to a record earlier this year, four-year high, while also significantly higher than 40 long-term average that investor risk appetite has markedly increased.

The survey interviewed a total of 209 global fund managers, which manage total assets of approximately $ 569,000,000,000. Recent survey for the Dec. 3 to 9. There are also 174 fund managers participated in the regional survey.

Accounting for 44% of the net of the respondents expect the world economy strengthened in 2011, higher than 35% of the survey last month. Accounting for 51% of net fund managers believe that corporate earnings will continue to improve next year, and last month, compared to just 36%.

Enhance investor confidence, is also reflected in greater support for business investment. Accounting for 62% of net fund managers surveyed claimed that inadequate investment in listed companies the situation prevailing, the proportion was in August 2005 a new high since.


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2010/12/17

Midday: the tech sector in general rose

Dow Jones Industrial Average fell 23.05 points to 11,476.20 points, down 0.20%; the Nasdaq composite index rose 7.45 points to 2,644.76 points, or 0.28%; Standard & Poor's 500 index fell 0.44 points to 1,242.43 points, down 0.04% .

Among the major plates, the best performance of the tech sector, pharmaceutical sector underperformed the broader market, the weakest performance of the telecommunications sector. Dow component Merck (MRK) fell 1.9%, Pfizer (PFE) fell 1.1%.

Thursday, the Dow and S & P 500 Index since September 2008 at a new high. So far this week, the Dow is up about 0.5%. S & P 500 index points from Friday's closing up 0.1%. The Nasdaq rose 0.2% in the week.

The Conference Board announced that the United States, the United States in November leading economic indicators appeared the largest increase since 8 months, indicating that the rate of U.S. economic recovery next year, will accelerate. Tracking orders and new products, including data such as index of leading economic indicators rose 1.1%, in line with accepted average estimate of economists surveyed by MarketWatch.

But the message is still cause for concern overseas. Agency Moody's Investors Service lowered its rating on Friday to Ireland 5 grades, from Aa2 cut to Baa1, and warned that if the country can not achieve the desired economic growth, its financial position will continue to deteriorate.


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Afternoon: The main stock index within a narrow range

U.S. stocks on Friday afternoon within a narrow range, between the major indexes continued consolidation in the small ups and downs. Pharmaceutical sector are declining. But the technology companies supporting the strong earnings fell sharply tape Buzhi Yu.

EST at 12:56 on December 17 (Beijing time at 1:56 on December 18), the Dow Jones Industrial Average fell 24.52 points to 11,474.73 points, down 0.21%; the Nasdaq composite index rose 7.62 points to 2,644.93 points, or 0.29%; Standard & Poor's 500 index fell 0.17 points to 1,242.70 points, down 0.01%.

Pharmaceutical stocks were mostly lower, Dow component Merck (MRK) fell 1.8%, Pfizer (PFE) fell 1.1%. Pharmaceutical stocks fell across the board for a reason. U.S. Food and Drug Administration (FDA) yesterday recommended not to use under certain circumstances Roche (Roche Holding AG) of the breast cancer drug; today to delay approval of AstraZeneca (AZN) the company's blood-thinning drugs. In this case, the market worried that FDA may increase the threshold for regulation of pharmaceutical companies.

So far this week, the Dow rose 0.6%. Despite the end of the stock market is expected to be as many on Wall Street prepared to spend the holiday will not be large fluctuations, and the volume will be very light, but recent U.S. economic data released by the U.S. economic outlook that investors see the hope of gradually improving.


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2010/12/16

Midday: Wall Street optimistic about the overall rise in market sentiment

U.S. stocks rose on Thursday midday round. Economic data released the morning investors saw some reasons for optimism.

At 11:22 on December 16 EST, the Dow Jones industrial average rose 32.51 points to 11,489.98 points, or 0.28%; the Nasdaq composite index rose 16.07 points to 2,633.29 points, or 0.61%; the S & P 500 Index rose 5.65 points to 1,240.88 points, or 0.46%.

Institutional investors, chief investment strategist at Davidson Companies Fred - Dixon (Fred Dickson) said on Friday will be the four options and a futures expiration date, before the market may be more volatile.

Industrial sector outperform. Dow 30 industrial stocks, 15 stocks were down.

Package delivery company FedEx (FDX) shares rose 1.8%, the company's second-quarter earnings consistent with the lower limit of its forecast range, but below analyst expectations. FedEx and its rival United Parcel Service (UPS) are regarded as the economic situation of the market benchmark, because the two companies freight services cover a very wide range of industries. UPS rose 1.4%.

Economic data plane, today's employment market data is encouraging. The Labor Department reported the week ending December 11 initial claims for unemployment benefits fell by 3,000, to 42 million people. Data from 42.1 million the previous week were revised up to 42.3 million. Economists surveyed by Dow Jones Newswires had expected claims for unemployment benefits last week increased the number of 4000.
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Afternoon: FedEx raised its outlook broad based industrial stocks

In the industrial sector, driven by rising U.S. stock market Thursday afternoon, continue to climb. FedEx raised its full-year outlook, the industrial sector in general to rise. 

At 12:35 on December 16 EST, the Dow Jones industrial average rose 34.67 points to 11,492.14 points, or 0.30%; the Nasdaq composite index rose 17.31 points to 2,634.53 points, or 0.66%; the S & P 500 Index rose 5.57 points to 1,240.80 points, or 0.45%. 

Industrial and raw materials sector led the broader market. Dow component Alcoa (AA) rose 2.7%. Bank of America (BAC) rose 2.2% after reports that the company has started with some of the largest mortgage investors to negotiate, it is possible to reach a settlement. 

Package delivery company FedEx (FDX) shares rose 2.2%, the company announced second-quarter profit fell 18%, but raised its full-year outlook and said the global economy is expected to have become more optimistic. FedEx said that despite the second quarter by a wide range of labor costs and expenses of legal proceedings, but this quarter include the delivery of overseas reached a record level.

2010/12/15

Afternoon: U.S. stocks within a narrow range of financial stocks Pudie

United States within a narrow range on Wednesday afternoon, the major indexes fluctuated between ups and downs in the small. Positive economic data for the local investors are excited, but also the debt crisis for the euro area worry about the new progress. 

At 13:47 on December 15 EST, the Dow Jones industrial average rose 18.62 points to 11,495.16 points, or 0.16%; the Nasdaq composite index fell 6.42 points to 2,621.30 points, or 0.24%; the S & P 500 Index fell 2.54 points to 1,239.05 points, down 0.20%. 

On Tuesday the Dow rose in September 2008 after the closing high since, on Wednesday the Dow continued to climb. In the New York area manufacturing activity rose under the impetus of Dow component Caterpillar (CAT) rose 1.9%, 3M (MMM) rose 1.2%. JP Morgan Chase (JPM) fell 0.9%. 

The general decline in the financial sector, Morgan Stanley (MS) fell 1%, Goldman Sachs (GS) fell 0.8%, after some Wall Street analysts downgraded the investment bank's two fourth-quarter earnings forecast, saying the downside is fixed-income departments of both companies trading volume decline in foreign exchange rates and commodity futures price movements and so on. Show that the market is expected to cut fourth-quarter of the financial sector is expected to tone shifted. 

Most of the other sections are also slightly lower. Although the U.S. economic data show that the New York area manufacturing activity index rebounded in November, after shrinking, the U.S. industrial output fell in November after a slight increase in capacity utilization has gone up, but the debt crisis in Europe continues to make investors feel the situation concern.

Late: the debt crisis put pressure on European stocks within a narrow range

U.S. stocks within a narrow range late Wednesday, the major indexes fluctuated between the small ups and downs. Although U.S. economic data improved, but progress in the euro zone debt crisis as investors worried about the new.

At 15:25 on December 15 EST, the Dow Jones industrial average rose 8.97 points to 11,485.51 points, or 0.08%; the Nasdaq composite index fell 6.16 points to 2,621.56 points, down 0.23%; the S & P 500 Index fell 3.06 points to 1,238.53 points, down 0.25%.

On Tuesday the Dow rose in September 2008 after the closing high since, on Wednesday the Dow lower. Dow component GE fell 1.5%, JP Morgan Chase (JPM) fell 1.3%, Alcoa (AA) fell 1.1%.

Wednesday night, the euro dropped to 1.3234 against the dollar. Moody's Investors Service, said the Spanish government bonds or the rating will be lowered, Standard & Poor's rating agencies will also be Belgium's debt rating outlook from "stable," citing "not optimistic."

While U.S. economic data today, good, but Moody's and Standard & Poor's warned that the eurozone increased worries about the debt crisis. U.S. economic data on Wednesday showed the New York area manufacturing activity index rebounded in November, after shrinking, the U.S. industrial output fell in November after a slight increase in capacity utilization also rebounded.

Institutional investors, said Peter Chase Investment Counsel - Tuz (Peter Tuz) said, "In the past few weeks, as economic data showed the U.S. economy is steadily recovering, the U.S. market and economic dimensions of performance are quite good. But Europe is not the case. We U.S. economy improves, and the EU's economy pales, especially those who suffer from the debt crisis of the EU countries hit hardest. "

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2010/12/14

Midday: telecommunications and health care stocks led the broader market

Midday on Tuesday, U.S. stocks continued to climb, telecommunications and health care sector led the broader market. Investors are waiting for the upcoming Federal Reserve monetary policy meeting, their poor response to economic data.
At 11:36 on December 14 EST, the Dow Jones industrial average rose 65.32 points to 11,493.88 points, or 0.57%; the Nasdaq composite index rose 9.48 points to 2,634.39 points, or 0.36%; the S & P 500 Index rose 4.55 points to 1,245.01 points, or 0.37%.
Janney Montgomery Scott investment agency chief investment strategist Mark - Luxi Ni (Mark Luschini) said, "The market response to economic data to make a point, but we pay more attention to is the Federal Open Market Committee (FOMC) statement will soon be published. Macro economic conditions determine the attitude of investors, which is why the FOMC monetary policy statement is more important than the cause of economic data. "
Telecommunications and health care sector led the broader market. Among the Dow 30 stocks, 22 stocks rose.
On the data front, the Commerce Department reported Tuesday, the United States in November retail sales rose 0.8%, economists had expected a growth of 0.5%. Automobile and auto parts retail sales in October rose by 5.6% in 0.8% decline in November. Excluding autos, retail sales rose 1.2% in November, economists had expected a growth of 0.7%.
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Afternoon: Stocks continue to rise in the Fed statement soon

U.S. stocks continued to climb Tuesday afternoon, telecommunications and health care sector led the broader market. Investors are waiting for the upcoming Federal Reserve policy statement.
At 12:36 on December 14 EST, the Dow Jones industrial average rose 68.00 points to 11,496.56 points, or 0.60%; the Nasdaq composite index rose 9.59 points to 2,634.50 points, or 0.37%; the S & P 500 Index rose 4.82 points to 1,245.28 points, or 0.39%.
Janney Montgomery Scott investment agency chief investment strategist Mark - Luxi Ni (Mark Luschini) said, "The market response to economic data to make a point, but we pay more attention to is the Federal Open Market Committee (FOMC) statement will soon be published. Macro economic conditions determine the attitude of investors, which is why the FOMC monetary policy statement is more important than the cause of economic data. "
Telecommunications and health care sector led the broader market. Among the Dow 30 stocks, 22 stocks rose.
On the data front, the Commerce Department reported Tuesday, the United States in November retail sales rose 0.8%, economists had expected a growth of 0.5%. Automobile and auto parts retail sales in October rose by 5.6% in 0.8% decline in November. Excluding autos, retail sales rose 1.2% in November, economists had expected a growth of 0.7%.
A separate data by energy and food costs led the U.S. producer price index last month (PPI) rose more than expected, but the rate of inflation is still moderate internal wholesalers. The Labor Department reported Tuesday, Jan. measure manufacturers and wholesalers of products and raw material costs paid by the producer price index at a seasonally adjusted increase of 0.8% compared with October, the highest growth rate since the highest since March, has been rising for 5 consecutive months.
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2010/12/13

Midday: Stocks rally to promote M & A news

At 11:57 on December 13 EST, the Dow Jones industrial average rose 38.83 points to 11,449.15 points, or 0.34%; the Nasdaq composite index rose 2.77 points to 2,640.31 points, or 0.11%; the S & P 500 Index rose 4.66 points to 1,245.06 points, or 0.38%.

Raw materials and energy sector led the broader market. Dow component Caterpillar (CAT) rose 1.5%, Disney (DIS) rose 1.4% Pfizer rose 1.5%.

Dow component, enterprise groups, giant GE (General Electric) was down 0.2%, the company announced plans to spend 1.3 billion acquisition of British Energy equipment manufacturers Wellstream Holdings PLC.Wellstream company mainly produces oil and gas industry-specific hose products. GE said in a statement, this proposed deal would help GE to expand the share of oil and gas industry, especially in the Brazilian market. Wellstream board has said it will recommend shareholders accept the deal.

U.S. stocks opened on Monday, before the Asian and European stock markets generally rose. China on Saturday announced the November CPI rose 5.1% annualized the fastest pace in two years, however, did not announce on Monday the People's Bank of China to raise interest rates. If China hiked interest rates, it means that China's economic growth rate will slow down. People's Bank of China announced on Friday raised the deposit reserve rate, which has been taken within one month of the Bank's third such move.


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Afternoon: Stocks rise of China did not raise interest rates

U.S. stocks continue to rise on Monday afternoon. Corporate mergers and acquisitions news market sentiment improved; as the engine of world economic growth, inflation, China announced in November but did not raise interest rates rise, the market are greatly relieved.

At 12:37 on December 13 EST, the Dow Jones industrial average rose 45.56 points to 11,455.88 points, or 0.40%; the Nasdaq composite index rose 0.84 points to 2,638.38 points, or 0.03%; the S & P 500 Index rose 4.92 points to 1,245.32 points, or 0.40%.

Raw materials and energy sector led the broader market. Dow component Caterpillar (CAT) rose 2%, Disney (DIS) rose 2%, Pfizer (PFE) rose 1.2%.

Dow component, enterprise groups, giant GE (General Electric) was down 0.2%, the company announced plans to spend 1.3 billion acquisition of British Energy equipment manufacturers Wellstream Holdings PLC.Wellstream company mainly produces oil and gas industry-specific hose products. GE said in a statement, this proposed deal would help GE to expand the share of oil and gas industry, especially in the Brazilian market. Wellstream board has said it will recommend shareholders accept the deal.

U.S. stocks opened on Monday, before the Asian and European stock markets generally rose. China on Saturday announced the November CPI rose 5.1% annualized the fastest pace in two years, however, did not announce on Monday the People's Bank of China to raise interest rates. If China hiked interest rates, it means that China's economic growth rate will slow down. People's Bank of China announced on Friday raised the deposit reserve rate, which has been taken within one month of the Bank's third such move.


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2010/12/10

Midday: U.S. stocks rose slightly positive export figures

U.S. stocks rose slightly on Friday midday, the disk more volatile. U.S. export figures rose sharply in October as well as improvement in consumer confidence news heartened investors, but China announced that it will continue tightening the news of rising U.S. stocks power was suppressed.

At 12:15 on 10 December EDT, the Dow Jones industrial average rose 12.64 points to 11,382.70 points, or 0.11%; the Nasdaq composite index rose 10.08 points to 2,626.75 points, or 0.39%; the S & P 500 Index rose 3.50 points to 1,236.50 points, or 0.28%.

Dow component Kraft Foods (KFT) fell 0.7%.

Dow component Procter & Gamble (PG) rose 1.2%, after Goldman Sachs cut its rating raised to buy from neutral. Goldman Sachs said the market underestimated the consumer goods giant's development prospects in emerging markets, but Goldman Sachs believes that P & G in this market, "a huge opportunity."

Among the major sector, rising health care sector, financial sector lower.

Economic data side, the United States in December consumer confidence index has increased, U.S. exports in October rose to its highest level since more than two years, but investors remain concerned about China's austerity policies may affect global economic growth.

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Afternoon: The main stock index rose slightly

U.S. stocks rose slightly on Friday afternoon. U.S. export figures rose sharply in October growth and improvement in consumer confidence news heartened investors, but China continues to lead U.S. stocks rose austerity power is suppressed.

At 13:14 on December 10 EST, the Dow Jones industrial average rose 16.57 points to 11,386.63 points, or 0.15%; the Nasdaq composite index rose 13.88 points to 2,630.55 points, or 0.53%; the S & P 500 Index rose 4.60 points to 1,237.60 points, or 0.37%.

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Afternoon: Stocks mixed to reproduce the Irish crisis

U.S. stocks ended mixed on Thursday afternoon. Good morning the Labor Department released employment data. Ireland renewed fears of debt crisis. Mixed company-specific news.

According to the latest reports, some political opposition groups in Ireland said they would vote on the rescue of the Irish vote against the program.

At 13:15 on December 9 EST, the Dow Jones Industrial Average fell 10.67 points to 11,361.81 points, down 0.09%; the Nasdaq composite index rose 7.82 points to 2,616.98 points, or 0.30%; the S & P 500 Index rose 3.66 points to 1,231.94 points, or 0.30%.

Dow component DuPont (DD) dropped 1.7%, this integrated manufacturing and Science Group, said 2010 results exceeded expectations, and expected profitability will increase. But the patent expired, the company's pharmaceutical business in 2011 revenue would fall.

With crude oil futures prices fell, the energy sector lower.

In Barclays Bank lifted its Janus Capital, Waddell & Reed, and Legg Mason (Legg Mason) and other three asset management company's rating, the financial sector generally rose.

However, State Street Bank (State Street, STT) fell 3.7% after the company announced that it has sold about 11 billion U.S. dollars in mortgage loans and mortgage securities as collateral, and the fourth quarter is expected to suffer losses of $ 350,000,000.

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Late: the major indexes were mixed

U.S. stocks mixed on late Thursday, the disk more volatile. Morning the Labor Department released employment data raised market confidence. The dollar rose, making commodities suppliers generally feel the pressure.

At 15:22 on December 9 EST, the Dow Jones Industrial Average fell 23.31 points to 11,349.17 points, down 0.20%; the Nasdaq composite index rose 5.65 points to 2,614.81 points, or 0.22%; the S & P 500 Index rose 2.93 points to 1,231.21 points, or 0.24%.

Investment institutions Beacon Trust Vice President Fred - Frankel (Fred Fraenkel), said, "There is no doubt that the present data have shown that the number of initial claims for unemployment benefits consecutive month, the slow progress in the right direction." He also pointed out that continue to emerge in recent weeks is evidence that the slow recovery in U.S. economic growth.

Dow component DuPont (DD) dropped 1.9%, this integrated manufacturing and Science Group, said 2010 results exceeded expectations, and expected profitability will increase. But the patent expired, the company's pharmaceutical business in 2011 revenue would fall.

Bank of America (BAC) rose 4.6%, as the Dow's biggest gainers.

Several opposition groups in Ireland, said the program will be voting on the rescue of the Irish vote, the U.S. stock market was down by the turn up. Today morning, Fitch rating agency (Fitch Ratings) will be Ireland's rating to BBB-level, that is, the third lowest investment grade. Fitch lowered its rating because of the Irish take into account the high cost of rebuilding the banking system, and lost at an acceptable price the ability to obtain financing from the market.

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2010/12/9

Afternoon: general rise in financial sector

Stronger dollar, U.S. stocks were mixed Wednesday afternoon, the disk more volatile. General rise in the financial sector, offsetting the negative impact of raw materials sector down.

At 13:00 on December 8 EDT, the Dow Jones Industrial Average fell 13.62 points to 11,345.54 points, down 0.12%; the Nasdaq composite index rose 3.84 points to 2,602.33 points, or 0.15%; the S & P 500 Index rose 0.19 points to 1,223.94 points, or 0.02%.

Rising dollar led to a general fall in commodity futures prices, dragged down raw materials, energy and industrial sector decline. Consumer pressure plate, which McDonald's (MCD) fell 2.1%. The fast food giant announced that November same-store sales increase of 4.8%, but below market expectations.

General rise in the financial sector, including small regional banks leading gains. Lincoln National Bank (Lincoln National, LNC) rose 7.5%, Regions Financial (RF) rose 4.7%, Zions Bancorp rose 4.3%.

Among the large financial stocks, Morgan Stanley (MS) rose 2.4%. Bank of America (BAC) rose 2.4%. JP Morgan Chase (JPM) rose 1.7%.

In the United States government and the Republican members of Congress, tax cuts Extension Agreement was reached after the U.S. dollar against other major currencies continue to rise. The euro fell to 1.3242 against the dollar. The dollar rose to 84.12 yen.

Treasury yields continued to climb, the 10-year bond yields rose to 3.278 percent. Today the U.S. Treasury will auction 21 billion U.S. dollars of 10-year Treasury bonds.

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Midday: Stocks mixed on stronger dollar

With the stronger dollar, U.S. stocks ended mixed on Wednesday midday. Obama's tax cut compromise bolstering hopes that U.S. economic growth, but its potential side effects of increasing the deficit caused bond prices fell sharply.

At 11:40 on December 8 EDT, the Dow Jones Industrial Average fell 15.21 points to 11,343.95 points, down 0.13%; the Nasdaq composite index rose 4.16 points to 2,602.65 points, or 0.16%; the S & P 500 Index fell 0.40 points to 1,223.35 points, down 0.03%.

Dow 30 industrial stocks among the 16 stocks rose, including Home Depot (HD) rose 0.9% after the company raised the second time in two months since its profit forecast.

Institutional investors, chief investment strategist at Davidson Companies Fred - Dixon (Fred Dickson) said, "Investors will continue to explore the significance of Obama tax cut compromise."

Dixon believes that the compromise tax cut capital investment projects allow companies to immediately tax deductible, so it is for the benefit of industrial equipment manufacturers, and can contribute directly to economic growth. The motion of tax cuts has not yet formed a special bill.

Investors believe that Obama's tax cut compromise help to stimulate economic growth, but also make the budget deficit further. This sentiment led to concern U.S. Treasury prices fell sharply on Wednesday, 10-year U.S. Treasury yields rose to its highest point since June. 10-year Treasury yield is used to determine the base cost of consumer loans.

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2010/12/3

Afternoon: U.S. stocks fell within a narrow range

The dollar index fell sharply, the U.S. stock market Friday afternoon within a narrow range. November employment figures disappointing, but many investors expect the next few weeks the data may be increased.
EST at 13:03 on December 3rd, the Dow Jones Industrial Average fell 14.91 points to 11,347.50 points, down 0.13%; the Nasdaq composite index rose 4.35 points to 2,583.70 points, or 0.17%; the S & P 500 Index fell 1.69 points to 1,219.84 points, down 0.14%.
Cantor Fitzgerald U.S. institutional investors, chief market strategist Mark - Pardo (Marc Pado), said, "very disappointing jobs data, but I suspect the data in the next month may be increased. November sales fell it? Market may will respond to this data, but you must remain suspicious of it. "
U.S. Department of Labor announced in November nonfarm payrolls increased by only 3.9 million people, so bullish investors disappointed. Economists surveyed by Dow Jones Newswires had expected an increase of 14.4 million. November private sector employment increased by only 5 million people. Last month the unemployment rate unexpectedly rose to 9.8%, economists had expected the unemployment rate will remain at October's 9.6% level. Unemployment data from another survey carried out for the family.
After the publication of the non-farm payrolls, the dollar fell sharply. Currently tracking dollar trade-weighted basket of six major currencies, the dollar index fell more than the performance of 1%.

More:

USA: new posts far below expectations


CBS: supported by a positive note


USA: Orders for the industry worse than expected

Late afternoon: U.S. stocks mixed on mixed data

U.S. stocks within a narrow range late Friday, the major indexes fluctuated between the small ups and downs. U.S. November unemployment rate rose to a new high since April, but investors believe that negative employment data will lead to Congress to take measures to stimulate economic growth.
EST at 15:12 on December 3rd, the Dow Jones Industrial Average fell 15.28 points to 11,347.13 points, down 0.13%; the Nasdaq composite index rose 6.65 points to 2,586.00 points, or 0.26%; the S & P 500 Index fell 0.94 points to 1,220.59 points, down 0.08%.
Telecommunications sector led by the broader market. In less than expected in November after the release of employment data, U.S. stocks ended with positive gains in the two. However, two other economic data eased the market disappointment. In addition, some analysts also pointed out that the bad employment data will improve this year, the U.S. Senate to extend the Bush tax cuts expire at the end of the possibilities.
President of asset management institutions Sterne Agee Jerry - Harris (Jerry Harris) said, "today's economic data showed the job market conditions, will become the driving force prompted Congress to take measures." He said Congress Yaome extend the Bush tax cuts or unemployed relief program will be expanded.
U.S. Department of Labor announced in November nonfarm payrolls increased by only 3.9 million people, so bullish investors disappointed. Economists surveyed by Dow Jones Newswires had expected an increase of 14.4 million. November private sector employment increased by only 5 million people. Last month the unemployment rate unexpectedly rose to 9.8%, economists had expected the unemployment rate will remain at October's 9.6% level. Unemployment data from another survey carried out for the family.

More:

Eurozone: Trichet calls on states to raise funds if needed stability


The DJ Euro Stoxx 50 is down -0.17% to 2776.68 points


Wall Street stabilizes after mixed indicators

2010/12/2

Afternoon: European stocks rise will continue easing

U.S. stocks on Thursday afternoon to continue to maintain a high level consolidation, and continued there for 3 months on Wednesday, the strongest gains since. U.S. retail sales exceeded expectations. Europe central bank said it would continue to implement incentives.
EST at 12:35 on December 2, the Dow Jones industrial average rose 93.01 points to 11,348.79 points, or 0.83%; the Nasdaq composite index rose 21.35 points to 2,570.78 points, or 0.84%; the S & P 500 Index rose 12.11 points to 1,218.18 points, or 1.00%.
The Dow had gained more than 108 points up.
Financial and consumer goods sector led the broader market. Dow 30 industrial stocks, 24 stocks were up, stocks that Home Depot (HD) rose 3.6%.
As consumers become active again the performance of the U.S. retail industry in November same-store sales growth of 6%, exceeding analyst expectations. Strong growth in retail sales in November, supporting the recent retail sales in the holiday began to perform well during the economic data.
After the announcement of sales, retailer Abercrombie & Fitch (ANF) rose 10.5%, the retailer Target (TGT) rose 1.7%.
European Central Bank President Jean-Claude Trichet said on Thursday the central bank will continue to provide special year in 2011, long-term liquidity support. The current measures to provide additional liquidity support will gradually expire early next year, so the new ECB decision, as problematic by a little euro-zone markets debt relief.

More:

Wall Street: grade uncertainty after job and the ECB


Lower profits for Bombardier, CIBC and TD


The euro decreased again during a press conference of the ECB

Wall Street Goldman Sachs is expected to rise 23% next year

Goldman Sachs analysts led by David Kostin a study published on Thursday is expected to report next year, the U.S. stock market is expected to rise 23%.
Analysts cited positive factors including GDP growth accelerated in 2012 to 4%, interest rates will remain low and earnings per share growth of 10% to 12%.
Kostin and his colleagues expected the end of 2011 the S & P 500 index will reach 1450 points, S & P 500 profits will reach $ 94 next year, representing growth of 12% this year, 11% profit growth in 2012.
The current S & P 500 index gained 1.1% to 1219 points.

More:

USA: promises of real estate sales up


USA - promises surprise increase in October sales


The IMF chief says the crisis in Europe should not be underestimated

2010/12/1

Afternoon: the rush to the rescue the U.S. or European stocks rose

U.S. stocks rose sharply on Wednesday afternoon. Positive economic data at home and abroad to promote U.S. stocks opened higher after the United States is prepared to help maintain financial stability in Europe to further enhance the market rumors that optimism.
At 12:55 on December 1 EST, the Dow Jones industrial average rose 243.10 points to 11,249.12 points, or 2.21%; the Nasdaq composite index rose 55.68 points to 2,553.91 points, or 2.23%; the S & P 500 Index rose 18.82 points to 1,205.42 points, or 1.59%.
Reuters quoted a U.S. official said Wednesday the United States prepared by the International Monetary Fund to "financial stability mechanism of the EU (European Financial Stability Facility)" to provide additional funding. This was announced after midday on Wednesday, U.S. stocks rose sharply when the sudden force. The Dow was up over 252 points up.
Good start in the U.S. stock market ushered in December, before the poor performance of stocks in November, the Dow fell 1%. Technology and industrial sector led the broader market. Dow component United Technologies (UTX) up 3.1%.
Wednesday's economic data improved market sentiment. ADP agency reported Wednesday, the U.S. November employment in the private sector added 9.3 million people, has been growing for 10 consecutive months, November to increase the number of 3-year record high. Report preparers, "said employment growth accelerated, suggesting that the nation's employment situation improved."
Another Labor Department report showed that with the U.S. companies to increase production, reduce labor costs, productivity growth in the third quarter than expected.

More:

USA: surprise hike in construction spending in October


USA:November ISM manufacturing unsurprisingly


Peugeot: 11.5% decline in car sales in November

Late afternoon: U.S. stocks rose Fed optimistic about the economic outlook

U.S. stocks surged late Wednesday, the three major indexes rose more than 2.1%. Investors noted that the European and good news, the latest economic data and Fed's optimistic assessment of the economy are made them feel comforted.
At 15:43 on December 1 EST, the Dow Jones industrial average rose 260.96 points to 11,266.98 points, or 2.37%; the Nasdaq composite index rose 53.92 points to 2,552.15 points, or 2.22%; the S & P 500 Index rose 26.15 points to 1,206.70 points, or 2.22%.
U.S. stocks rose on Wednesday was a great, completely restore the loss in November. In November the Dow fell a total of 1%.
The broader market rallied, the Dow 30 industrial stocks all rose, the S & P 500 index composed of 10 blocks are all up, the S & P 500 index fell only 13 stocks. Measure of market panic CBOE market volatility index (VIX) fell 11%.
U.S. stocks opened higher on Wednesday to go high, the Dow rose soon after opening more than 200 points. Reuters reported that the United States is prepared by the International Monetary Fund to "financial stability mechanism of the EU (European Financial Stability Facility)" to provide the funds, the stock market has been the extra push. Although the market for traders and investors on this later questioned the authenticity of the news, but Wall Street still maintained gains. The euro rose sharply against the dollar, the current rise of up to 1.1%, at 1.3124.

More:

Property leads U.S. growth


US stocks get a sharp rebound in opening session


USA: slight decline in the ISM manufacturing index in November