Late in New York stock indexes were mixed Diving

By a series of merger news and the Obama administration tax cuts approved by Congress and other factors increase the likelihood of boost, 13 New York stock market index rose in most of the time throughout the day, but it appears a small wheel in the late diving market, eventually the three major indexes ended mixed at close.

Nearly a week in New York the stock market very stable, the fluctuation index is not, however, can best represent the S & P 500 index market trends are in such a steady climb in the last two years set a record.

Day morning, a series of mergers and acquisitions news makes the stock market's upward trend to continue. Investors generally believe that mergers and acquisitions is the company's own financial condition and optimistic about the prospects for economic identity, and thus the market sentiment has played a supporting role.

In addition, although the data released by China's consumer price index has risen 5.1% increase in two-year high, however, the People's Bank of China did not like the market is expected to announce interest rate as it eased further tightening the market for Chinese investors monetary policy concerns. In addition, analysts believe that although China has raised the deposit reserve ratio, but did not announce a rate hike, which shows China's inflation is still within control.

In addition, investors are still waiting for Congress to extend the Bush-era tax cuts on the final decision. While Barack Obama and Republican tax cuts reached a compromise between a number of Democrats have been criticized, but the market generally expected that this program will finally get the support of the Senate.

However, in the late afternoon before the three major indexes rose but quickly narrowed the final two years of the Dow Jones index closing high and missed the S & P closed at the basic to flat plate, while the Nasdaq is up to turn down the end of the previous rising trend for 8 days.

New York stock markets closed, the Dow Jones 30 industrial stock index rose more than 18.24 points the previous trading day to close at 11,428.56 points, or 0.16%. Standard & Poor's 500 index rose 0.06 points to close at 1240.46 points, basically unchanged from the previous session. The Nasdaq composite index fell 12.63 points to close at 2624.91 points, down 0.48%.
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