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For The First Time Since May, The Dow Has Stood On 11000 Points &Nbsp, And The US Stock Market Has Closed Up On Friday.

2010/10/9 8:59:00 26

Dow Jones Industrial Average Stock Index


As of 16:00 pm Eastern time,

Dow Jones industrial average

Rose 57.90 points, at 11006.48 points, or 0.53%; the Nasdaq composite index rose 18.24 points, at 2401.91 points, or 0.77%; the standard & Poor's 500 index rose 7.09 points, 1165.15 points, or 0.61%.


The Dow has stood on 11000 points for the first time since May.

US stock

Friday high income


In September, the number of non farm employment in the United States decreased by 95 thousand, much higher than expected. In September, the unemployment rate in the United States was 9.6%, unchanged from the previous month, and lower than expected.


The Dow rose to more than 11000 points, the first time the index has exceeded 11000 since May 3rd.

Investors expect the fed to further ease its currency.


Alcoa Corp (AA) led the Dow with an increase of 6.8%. Its performance after Thursday's announcement exceeded analysts' expectations and raised the demand for global aluminum market in 2010.

Dow's constituent stocks Caterpillar (CAT) rose 2.8%, Disney (DIS) rose 2%, BA (Boeing) rose 1.5%.

In terms of stocks, shares of Adobe Systems (ADBE) fell by 4.6% because of the failure of negotiations between the company and Microsoft (MSFT) about takeover.


The NASDAQ and the S & P 500 index generally climbed.

In the S & P 500 index, raw materials and non essential consumer goods led the sector.


On the external market, US official data on Friday showed that the employment market in September was unexpectedly slipping. On the same day, the stock market of financial giant Barclays Capital fell sharply.

The main market for European shares fell on most of Friday, and the European stock index eventually fell 0.02%.

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In addition, Asian stock markets generally closed down in Friday's trading, but China's stock market has climbed sharply after the long holiday.

The decline in the US dollar offset the bad job market and the main crude oil contract rose to $82.66 a barrel.


economic data


In September, the number of non farm employment in the United States decreased by 95 thousand, which was much higher than that expected by Wall Street analysts. In September, the unemployment rate in the United States was 9.6%, unchanged from the previous month, and lower than the 9.7% expected by analysts.


Company news


Beijing time October 8th morning news, Sanofi Aventis CEO Werbach (Chris Viehbacher) in September 20th and the US biotechnology company health Zan CEO Temel (Henri Termeer) meeting, said Sanofi company for the price of the price of the price of the price of $69 to $80 per share.


On the morning of October 8th, Beijing, Petroleo Brasileiro SA, which has just completed the huge equity financing, plans to raise 60 billion US dollars through the bond market in the next five years for financial investment.

In September of this year, Brazil oil raised $70 billion by issuing shares, which has become the world's largest single equity financing paction in history.

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