Saturday, June 9, 2012

Optimistic market , Wall Street landed in the green zone



Pasar optimis, Wall Street mendarat di zona hijau


NEW YORK . Although time pressure , eventually the U.S. stock market performed brilliantly . Three personnel Wall Street managed to close a trade this weekend by landing on the green zone . Investors are optimistic , a meeting of European finance ministers will result in a bailout for Spain .

The broader Standard & Poor \ ' s 500 closed up 0.8 % to as low as 1325.66 at 4 pm New York time . As a result , in the past week , major U.S. indexes have jumped 3.7 % . This is the steepest weekly gain in 2012 . All sectors together in the green zone . The financial sector led the way with 4.7 % jump .

Meanwhile , the Dow Jones Industrial Average rallied 0.8 % to 12554.20 position . If calculated in a week , this index was already in motion 3.6 %. Meanwhile , the Nasdaq composite index advanced 0.97 % to 2858.42 level .

Optimistic market , the central bank will take coordinated steps to save Spain at a meeting this weekend . A source whispers , Vice President of the European Central Bank or the European Central Bank ( ECB ) Vitor Constancio has said there will likely offer a good way out at the request of the Spanish banking bailout .

Walter " Bucky " Hellwig , investment manager of BB & T Wealth Management judgment, courage investors to take risks started to emerge . There is a belief that something positive will happen in Spain . "Everything that could lead to a better direction would have a positive impact for the market , " he said .(Kontan.co.id)

No comments:

Post a Comment