After the opening day of the New York stock market has soared, mainly due to domestic and international economic data boosted by better than expected.
First, the U.S. private sector jobs increased significantly, so investors were pleasantly surprised. ADP report showed private-sector U.S. November 93,000 new jobs, the increase is not only far exceeded market expectations, it is nearly three years reached the highest level. In addition, the report also the number of new jobs in October from a previously reported 43,000 82,000 raised sharply, indicating that the U.S. employment situation has gotten better.
Secondly, from overseas, especially China's manufacturing data from positive, to the market into a shot in the arm. China October purchasing managers index for the first four months of growth, proving once again that strong economic growth, thereby reducing the market investors in China to tighten monetary policy may affect economic growth concerns, support the bulk of crude oil and copper, etc. Commodity prices rose to its highest level in two years. At the same time, the day from all of the report also showed the euro zone manufacturing activity in November was the highest increase in four months, the British manufacturing index hit a 16-year high, while the German October retail sales growth rate exceeded expected, these are important reasons for the same day the stock market rally.
Not only that, the day the market rumors that the United States prepared by the International Monetary Fund to help maintain financial stability in Europe, this is the recent pressure by the European sovereign debt crisis of the U.S. stock market provides a further rise in power.
New York stock markets closed, the Dow Jones 30 Industrial Average index over the previous trading day up 249.76 points to close at 11,255.78 points, or 2.27%. Standard & Poor's 500 index rose 19.47 points to close at 1206.07 points, or 1.64%. The Nasdaq composite index rose 51.20 points to close at 2549.43 points, or 2.05%.