Thursday, October 30, 2008

Global optimism the central bank to cut interest rates is expected to bring the Dow up 189 points

U.S. stocks closed higher Thursday as investors bought fell close to al-Qaida issued another five-year low of the stock market, including the United States of the Federal Reserve, the world's central banks to cut interest rates will help cushion the global economic downturn to be optimistic.
Because there are signs that efforts to thaw the credit market is effective, as a result of bank lending interest rates to fall to avoid the release of economic decline needed capital from investors has also found support.
As the only in October last trading day, the stock market will have recorded since the 1987 stock market crash the worst decline in a month.
In the latest corporate results, Colgate (Colgate-Palmolive) announced quarterly performance is expected to win, the stock rose 7.1 percent, reported 64.23 U.S. dollars.
Although the data showed the U.S. economy in the third quarter of 2007 recorded the worst decline, but still better than market expectations.
The Dow Jones industrial average. DJI rose 189.73 points, or 2.11 percent, at 9,180.69 reported. SPX S & P 500 index up 24 points, or 2.58 percent, reported 954.09 points. Nasdaq Composite Index IXIC rose 41.31 points, or 2.49 percent, to 1698.52 points.
Nasdaq market, Apple rose 6.2 percent, reported 111.04 U.S. dollars, Intel rose 8.2 percent, reported 16.17 U.S. dollars.
Technology industry analysts believe that economic recovery will be the biggest benefit of one of the industry.
Office Depot Inc rose 48.6 percent, reported 3.12 U.S. dollars, the New York Stock Exchange or the top list, after the company said in a weak economic environment, to defer to open new stores.
Staples Inc industry jumped 15.6 percent, reported 18.42 U.S. dollars after the company said third-quarter adjusted earnings exceed expectations.
Wednesday the Federal Reserve to cut interest rates by 50 basis points to 1% in Hong Kong and Taiwan have taken measures to cut interest rates.
The market is expected Friday, the Bank of Japan will cut interest rates, European Central Bank and Bank of England is also expected to cut interest rates next week.
Oil prices more than 2%, to below 66 U.S. dollars, as a result of U.S. economic data made investors worry that demand will be further suppressed.
Airline stocks jumped up, air-Share Index. XAL surged by 10.7 percent.
Exxon Mobil fell in the afternoon to rise, up 0.5 percent, reported 75.05 U.S. dollars, the company's performance-than-expected.
Life insurance companies Hartford Financial Services Group fell 51.6 percent, reported 9.62 U.S. dollars, the company recorded a quarter Jukui accident.
New York Stock Exchange traded moderate, about 1.38 billion shares changed hands, below last year's estimated daily average volume of about 1.9 billion shares, Nasdaq market today there are about 2.54 billion shares traded, above last year's daily average of 2.17 billion shares.
New York Stock Exchange stock prices and the number of stocks fell by about 4:1, Nasdaq market is about 3:1.
美国股市周四收高,因投资人趁低买入跌至接近五年最低位的个股市场对包括美国联邦储备理事会在内的全球央行降息将有助缓冲全球经济下滑感到乐观。
  因有迹象显示解冻信贷市场的努力正在见效,因银行同业拆借利率下跌,释出了避免经济大幅下滑所需的资金,投资人也从中寻获支撑。
  由于10月仅剩最後一个交易日,股市势将录得1987年股灾以来最惨的一个月跌幅。
  在最新的企业业绩中,高露洁(Colgate-Palmolive)公布的季度业绩胜预期,股价大涨7.1%,报64.23美元。
  尽管数据显示美国经济第三季录得七年最严重萎缩,但仍好于市场预期。
  道琼工业指数。DJI大涨189.73点或2.11%,报9,180.69点。标准普尔500指数SPX收高24点或2.58%,报954.09点。Nasdaq综合股价指数IXIC上扬41.31点或2.49%,至1,698.52点。
  Nasdaq市场中,苹果上扬6.2%,报111.04美元,英特尔劲升8.2%,报16.17美元。 
  分析师认为科技业将是经济复苏中得益最大的行业之一。
  Office Depot Inc暴涨48.6%,报3.12美元,在纽约证交所涨幅榜居前,此前该公司表示,在疲弱经济环境下,推迟开设新店。
  同业Staples Inc跳升15.6%,报18.42美元,此前该公司称第三季调整後盈利将超预期。
  美联储周三降息50个基点至1%後,中港台都采取了降息措施。
  市场预计周五,日本央行将降息,欧洲央行和英国央行预计也将在下周降息。
  油价跌逾2%,至66美元下方,因美国经济数据令投资人担心需求将会被进一步打压。
  航空股跳涨,航空股指数。XAL激升10.7%。
  艾克森美孚午後转跌为升,收高0.5%,报75.05美元,该公司业绩超预期。
  寿险商Hartford Financial Services Group暴跌51.6%,报9.62美元,该公司意外录得季度巨亏。
  纽约证交所成交温和,约有13.8亿股易手,低于去年预估的日均成交量约19亿股,Nasdaq市场今日约有25.4亿股成交,高于去年日均的21.7亿股。
  纽约证交所上涨个股和下跌个股的数量比例约为4:1,Nasdaq市场中则约为3:1。

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