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.

30 yr fixed mortgage rates

interest only loans

interest only loans rates

interest only mortgage rates

quantitative easing

china inflation

china inflation rate