Stocks pull strength of energy stocks

y the positive economic data and energy stocks boosted by strong performance, the three major New York Stock Exchange 31 index rose across the board.

On the New York stock market rose, while the energy sector rose significantly among the top, mainly due to the Exxon Mobil Corporation fourth-quarter results bright push. Exxon Mobil Corporation announced the same day last year, up sharply quarter profit increase of 53% for the third quarter of 2008, one of the best quarterly performance since. Before that, another energy giant Chevron announced the results of 28 better-than Wall Street expectations.

In addition, economic data released the same day also showed further signs of recovery the U.S. economy, and promote the New York stock market strength. First, the Commerce Department data showed U.S. consumer spending in December rose 0.7%, better than market expectations. Moreover, consumer spending in the fourth quarter of last year, the data is a record since the first quarter of 2006, the highest level.

Meanwhile, the U.S. Institute for Supply Management also announced the same day, January the Chicago purchasing managers index since July 1988 record high, giving investors a pleasant surprise.

Nevertheless, the market may be volatile situation in Egypt, the impact of the financial markets are still on the sidelines. Now, the impact of the New York Stock Exchange is not obvious.

New York stock markets closed, the Dow Jones 30 industrial average index rose 68.23 the previous trading day points to close at 11,891.93 points, or 0.58%. Standard & Poor's 500 index rose 9.78 points to close at 1286.12 points, or 0.77%. The Nasdaq composite index rose 13.19 points to close at 2700.08 points, or 0.49%.

All three major U.S. stock indexes closed up the Dow rose 0.58%

Better than expected U.S. economic data boosted market sentiment, the United States on January 31 the three major indexes all closed up. At the close, the Dow Jones industrial average closed at 11,891.93 points, up 68.23 points, or 0.58%; the Nasdaq composite index closed at 2700.08 points, up 13.19 points, or 0.49%; the S & P 500 index closed at 1286.12 points , Up 9.78 points, or 0.77%.

 From the disk, the majority of stocks closing higher. In technology stocks, AMD rose 4.54%, or topped; Yahoo, IBM rose 1.83%, 1.75%; financial stocks in, REGIONS FINL led the gains rising 3.20%, Citigroup, CIGNA rose 2.12%, 1.84%; other industries Individual stocks, Rio Tinto rose 2.13%, General Electric fell 0.30%.

Citigroup CEO: capital markets will remain strong this year

Citigroup's Pandit (Vikram Pandit) in Davos, said the capital market in 2011 is expected to remain strong.
Pandit in a Bloomberg Television interview that, although in the last quarter to make money in the capital markets become more difficult, "but there is no indication that the market is unable to maintain strong momentum."
Is to attend the World Economic Forum, Switzerland Pandit also said: "Credit quality has been significantly better than a year ago. 2011 job creation will be more constructive. Our customer flow remains strong and very stable. Citigroup is the more funds to lend customers. "
He said: "Citigroup is committed to long-term growth in emerging markets, the market momentum is quite strong. The Group is very optimistic about the prospects for the euro, we believe that Europe has sufficient funds to address the current problems."

S & P: U.S. fiscal position is far better than in Japan

International rating agency Standard & Poor's (Standard & Poors) sovereign ratings committee chairman and executive director John Chambers on Thursday (January 27) in an interview that the U.S. fiscal and monetary position of strength to be much stronger than that of Japan.

Standard & Poor's Thursday lowered Japan's long-term debt rating, saying the Japanese government's debt ratio has reached its highest national assessment, and expected that this level will continue to rise and will peak in the 2020s, Thus Japan's long-term sovereign rating lowered to AA from AA-, stable outlook.

Critics began to question whether the U.S. will eventually rising because of the deficit but suffered downgrades, Chambers said the U.S. sovereign debt rating outlook is stable, while the rating outlook coverage of 6-24 month's time.

Chambers said that at present enjoy the "AAA" sovereign rating than the United States and Japan have many positive factors. He compared the U.S. and Japan pointed out, the U.S. government drastically reduced debt levels, the United States is more than willing to cut the deficit in Japan, but also more optimistic about economic prospects.

S & P expects the general government debt in Japan in 2010 gross domestic product (GDP) ratio will reach 115%, while the U.S. was 71%. S & P said the general government debt, including a State from the federal government to the state level, local level of government in all levels of government debt.

Federal Reserve monetary policy meeting held in the beginning

The Fed has started Tuesday a two-day monetary policy meeting, expected outcome of this meeting members agreed that the Fed will be the U.S. economic outlook has improved, but not its 600 billion U.S. dollars of debt acquisition plans to make changes.
Fed official said the bank's policy-making Federal Open Market Committee (FOMC) on Tuesday in the U.S. Eastern time 13:00 (Beijing time on Wednesday at 2:00) to begin the first policy meeting this year, is expected to be in the United States Wednesday, 14:15 Eastern Time (3:15 GMT on Thursday) about monetary policy statement released to explain the Fed's views on the U.S. economy and monetary policy.
Financial markets will close attention to the Fed to extend or reduce the national debt is any hint of the acquisition plan. In December 2008 the Federal Reserve will cut benchmark interest rate to near zero, and at the time the acquisition of 1.7 trillion worth of longer-term bonds, to provide an additional U.S. economic stimulus measures. The end of 2010, the Federal Reserve to restart the bond purchase program, because the U.S. economic recovery was stalled.
Late last year, U.S. economic growth momentum has been enhanced. According to a report released earlier today showed consumer confidence index in January surged unexpectedly; expected to be released data on Friday will show that last year's fourth quarter U.S. economic growth rate of 3.5% per annum, 2.6% higher than the third quarter. At the same time, the U.S. unemployment rate is still hovering above the level of 9%, the inflation rate was still below the Fed's target level.
Macro world-renowned independent research consultancy Capital Economics senior U.S. economist in Toronto Paul - Dallas (Paul Dales), said: "Fed policy statement will show a slight improvement in economic activity, but I doubt the job market has not improved much."

The three major U.S. stock indexes closed up a strong trend of technology stocks

The three major U.S. stock index on January 24 ended higher across the board, the Dow Jones industrial average closed at 11,980.52 points, up 108.68 points, or 0.92%; the Nasdaq composite index closed at 2717.55 points, up 28.01 points, or 1.04%; standard Poor's 500 Index closed at 1,290.84 points, up 7.49 points, or 0.58%.
 Point of view from the disk, the strong trend of technology stocks, Apple closed up 3.28%, IBM, Siemens, Cisco and other gains were more than 2%. Differentiation trend of financial stocks, Berkshire - Hathaway closed up 3.21%, Mastercard, NYSE Group, closed up, AIG, Bank of America closed down more than 2%. McDonald's closed up 0.5%, the company announced Monday that fourth-quarter net profit rose 2.1%.
 Message level, Barack Obama went to Congress on Tuesday to members of Congress State of the Union speech.

The three major U.S. stock indexes the Dow ended down 0.02% down

The three major U.S. stock indexes fell on Jan. 20. At the close, the Dow Jones Industrial Average index closed at 11,822.80 points, down 2.49 points, or 0.02%; the Nasdaq composite index closed at 2704.29 points, down 21.07 points, or 0.77%; Standard & Poor's 500 index closed at 1280.26 points, down 1.66 points, or 0.13%.
Read from the disk, technology stocks, eBay rose 5.76%, Oracle rose 2.23%, Nokia was up 1.95%, AMD rose 1.13%, among the biggest gainers such as Hewlett-Packard rose 0.99%, down 6.40% Polycom, Amazon fell 2.63%, Dow down 2.50%, Akamai or 2.27%, 1.82% or so decline in Apple's top. Financial stocks, rose 4.58% Morgan Stanley, JP Morgan Chase rose 2.38%, up 2.35% Allstate, Visa, etc. up 2.27% among the biggest gainers; AIG fell 15.37%, Goldman Sachs fell 0.48%, down Hartford 0.36% 0.18% Metropolitan Life or other decline in the top.
News of the U.S. Labor Department data show that initial claims for unemployment benefits last week dropped significantly the number of 3.7 million, a decline far more than market expectations; U.S. existing home sales in December at 528 million units, exceeding analyst expectations; by significant increase in the promotion of asset management business, Morgan Stanley earnings in the fourth quarter rose 60%.

Geithner said the abolition of negative economic growth, health care reform bill

According to media reports, the U.S. House of Representatives Republicans are launching a two-year "campaign" aimed at the gradual dismantling of the strategy through the abolition of Obama legislation signed last year as the official health care system overhaul bill, and take measures to weaken U.S. public support for the bill.

House of Representatives voted to abolish the Obama health care reform bill

According to foreign media reports, local time on January 19 night, the Republican dominated U.S. House of Representatives by 245 votes to 189 vote, passed the repeal Obama health reform law passed.

 Reported that the health care bill through the House of Representatives, the abolition of the Republican mid-term election last year to honor the commitments made to voters, but also for the next phase of "repeal and replace the " cleared the way for health care reform bill. In addition, the Republicans also decided that a direction in 20 House committees to redraft the resolution of medical reform bill also hold a vote.

Another two and half years the Dow closing high

While Citibank announced the day of disappointing earnings and other news was putting pressure on the market, but the 18 New York stock market is still full up three major indexes closed at the end, the Dow hit another two and a half to a close.

Day morning, the trend of division in the major indexes, the Dow Jones index in the Boeing and other companies thriving, driven by strong performance, while the tech heavy Nasdaq index has since been a drag on Apple's shares fell weak.

Apple CEO Steve Jobs announced the previous day, due to personal health reasons, he will temporarily leave the company once again treated. Affected by this news, Apple's stock price dropped 6% in opening up over time, causing a drag on the whole tech sector.

At the same time, including Delta Airlines, Citibank and some large companies announced the same day less than last year's fourth quarter earnings expectations, but also putting pressure on the market.

Nevertheless, the major indexes in the midday been boosted by good news from Europe. Following last week's Portugal, Spain and Italy experienced strong demand for debt sales, the same day the Greek government bond auctions also achieved success, which to some extent, ease of market investors worried about the European financial system.

Economic data, released the same day in January Empire State Manufacturing index lower than expected, while the January index for the third consecutive month in U.S. home prices remained unchanged, but these data have little effect on the market.

The three major U.S. stock indexes rose Dow closed up 0.43%

The three major U.S. stock indexes rose on January 18. The Dow had risen to 11,858.78, the highest 30-month high. At the close, the Dow Jones Industrial Average index closed at 11,837.90 points, up 50.55 points, or 0.43%; the Nasdaq composite index closed at 2765.85 points, up 10.55 points, or 0.38%; Standard & Poor's 500 index closed at 1295.02 points, up 1.78 points, or 0.14%.

Read from the disk, science and technology shares, rose 5.41% Allegheny, Vodafone rose 4.51%, Google gained 2.48%, among the biggest gainers such as Texas Instruments rose 2.39%, Qualcomm, SAP, Amazon, Microsoft, Adobe gains surpassed 1%, Verizon dropped 3.10%, Nokia fell 3.00%, the core into the semiconductor or 2.77%, Nvidia fell 2.35%, 2.25% or so decline in Apple's top. Financial sector, CIGNA rose 2.77%, REGIONS FINL rose 1.07%, 0.72% Allstate rose, up 0.30% MasterCard, Berkshire - Hathaway rose to 0.27% among the biggest gainers, etc.; Citigroup fell 6.43%, Bank of America or 1.64%, AIG fell 1.54% or 1.08% of New York Mellon, Wells Fargo and other banks fell 0.79% decline in the top.

The three major U.S. stock indexes ended higher across the board the Dow rose 0.47%

The three major U.S. stock indexes closed Jan. 14 rose across the board. Dow Jones Industrial Average index closed at 11,787.38 points, up 55.48 points, or 0.47%; the Nasdaq composite index closed at 2755.30 points, up 20.01 points, or 0.73%; Standard & Poor's 500 index closed at 1293.24 points, up 9.48 points, rose 0.74%.
Read from the disk, the technology sector, Akamai, Alcatel-Lucent and other income rose more than 2%, eBay, HP, Google, Ericsson, Nokia and other gains surpassed 1%; Intel, Dell and other lower. Financial stocks, the first capital, Bank of America closed up more than 3%, Wells Fargo, American Express, Morgan Stanley rose surpassed 2%; AIG fell 5.58%, the NYSE, Visa and other slightly lower .
Message level, the latest data showed the U.S. December CPI rose 0.5%, or an 18-month high.

U.S. credit rating suffered another warning

Moody's Investors Service released a report that day that if the U.S. does not reverse the momentum of debt expansion, will lose "Aaa" credit rating.
Sarah Carlson, senior analyst at Moody's, said: "We are increasingly aware of the fact that if there is no reversal of the negative factors in the United States continued deterioration of fundamentals remedies, sovereign debt outlook to negative the possibility of transfer will increase."
Another credit rating agency Standard & Poor's Carol French head of the office or West on the same day in a meeting, over the past few months, the U.S. fiscal situation worse, "one day we do not rule out the possibility of future adjustments."
Contrary to
Moody's and S & P has not yet taken concrete actions to cut U.S. credit rating. Even a small downturn in financial markets could disrupt and weaken the ability of the U.S. debt fill the deficit.
Moody's since 1917 to the U.S. national debt rating has been maintained "Aaa" rating. In 1996 alone, the Republicans refused to support the increased debt ceiling, Moody's lowered before considering the possibility of some U.S. Bond Rating.
Barack Obama is urging the Government to increase the national debt ceiling approved by Congress, to avoid sovereign debt "off for." Treasury Secretary Timothy Geithner said last week, bonds will hit the March 31 limit.
Moody's report author Steven Helsing said: "The United States is contrary with the fiscal consolidation. In fact, they will seek more economic stimulus."

The three major U.S. stock index edged down 0.20%, Dow down

Less than expected employment data by the factors, the U.S. stock market on January 13 slightly lower. The Dow Jones industrial average closed at 11,731.90 points, down 23.54 points, or 0.20%; the Nasdaq composite index closed at 2735.29 points, down 2.04 points, or 0.07%; Standard & Poor's 500 Index closed at 1283.76 points, down 2.20 points, or 0.17% .

From the disk, the financial stocks, resource stocks weaken, technology stocks Change half and half. Financial shares in, AIG fell 2.07%, Bank of America, Morgan Stanley fell 1.47%, 1.43%; technology stocks in, AMD fell 1.55%, Dell, Microsoft fell 1.54%, 1.26%, in addition, SAP rose 6.64 % ISSI rose 3.28%; resources sector, ConocoPhillips, Rio Tinto fell 2.08%, 1.02%.

World Bank to restore "bottom of " the global economic slowdown or a homogeneous vortex trap

"With slow economic growth and commodity prices, the global economy back in 2008 'dark days' of the risk." To the economic recovery in the market continues to heat up when expected, the World Bank to come forward to remind the world economy to bottom risk.

January 12, the latest of a World Bank "Global Economic Prospects report," said the world economy into recession in 2009, began to rebound in 2010, but 2011 is the year of economic slowdown.

Reported that the global economy is expected to grow 3.3% in 2011, down from 3.9% in 2010. Emerging economies and developing economies is expected to grow 6.0%, down 1 percentage point higher than last year; high-income countries is expected to grow 2.4%, down 0.4 percentage points compared with last year.

The Bank believes that the overall global economic growth is difficult enough to support global economic recovery. In addition, the "anxiety in the global economy and defects may be different degrees in the short term so that the economic recovery 'derailed'."

Particular, the report expressed for food, fuel and other commodity prices concern. "If the international prices continued to rise, the ability to pay issue will be highlighted, the impact on poverty groups will intensify."

Sub-region, the World Bank expects the economy will grow in 2011 by 2.8%, the euro zone economic growth is expected this year from 1.7% in 2010 slowing to 1.4%. Report that many high-income countries economic growth is still too low, the recovery has not yet robust to high unemployment.

The United States in December last year, an increase of 800 billion deficit

U.S. Treasury Department on January 12 said in a report in December 2010 the U.S. federal government budget deficit increased by 80 billion U.S. dollars, down 12.4%.

 October 2010 -12 January, the U.S. $ 370,800,000,000 total federal budget deficit, rose 3.1%.

 Currently, the U.S. public debt has reached nearly 13.9 trillion U.S. dollars from Congress to set the upper limit of only a thin 400 billion U.S. dollars. To this end, 12 U.S. Treasury secretary reiterated the U.S. government must rebuild the financial responsibility.

The United States are the three major stock indexes ended higher intraday record high

Bonds issued by the success of the Portuguese Government and the banking industry to promote some good news, the U.S. stock market on January 12 strong, all three major stock indexes hit multi-year intraday high. The Dow Jones industrial average closed at 11,755.40 points, up 83.56 points, or 0.72%, the highest intraday rise to 11,782.23 points, a record high of two and a half; Nasdaq Composite Index closed at 2737.33 points, up 20.50 points, or 0.75%, plates rose to 2736.32 points in the highest, the highest since three-year intraday point; Standard & Poor's 500 Index closed at 1285.96 points, up 11.48 points, or 0.90%, the highest intraday rise to 1286.87 points, a new high for the two and a half years.

From the disk, the majority of stocks closing higher. In technology stocks, rose 14.98% NVIDIA, Alcatel-Lucent and Nokia were up 6.19%, 2.97%; financial stocks, the NYSE Group rose 4.74%, of New York Mellon, Morgan Stanley rose 3.16%, 2.68 %.

Three industry is expected to lead the U.S. stock earnings season

Alcoa's results better than expected earnings season for the U.S. stock market has brought a "good start." 10 performance report released late last year, fourth quarter, the company's successful turnaround. At the same time, the market for the second quarter earnings performance of listed companies to hold optimistic expectations, some analysts believe that the financial, material and performance of the energy industry will be among the top.

Alcoa reported a 10 release, the fourth quarter of last year success of the company the same period in 2009, reversing a loss situation, the rise in aluminum prices helped boost the company's performance. Showed a profit, Alcoa's revenue last quarter rose 4% to 56.5 billion U.S. dollars. Net income for the fourth quarter of last year, 258 million, $ 0.24 per share, in the same period of 2009 net loss of 277 million, $ 0.28 per share. The record profit level of the highest since the third quarter of 2008, when Lehman Brothers went bankrupt, commodity prices have led to collapse. Alcoa in 2008 and 2009, net loss for two consecutive years for the worst performance in 19 years.

The three major U.S. stock indexes the Dow closed up 0.30%

U.S. stock market on January 11 by the corporate financial reporting positive stimulus, the three major stock indexes were slightly higher close. The Dow Jones industrial average closed at 11,671.90 points, up 34.43 points, or 0.30%; the Nasdaq composite index closed at 2716.83 points, up 9.03 points, or 0.33%; Standard & Poor's 500 Index closed at 1274.48 points, up 4.73 points, or 0.37% .

From the disk, the majority of stocks closed higher, financial stocks, energy stocks higher. Financial shares in, AIG, REGIONS FINL, Bank of America rose 2.88%, 2.41%, 2.01%; energy stocks, the Halliburton, Baker Hughes, Rio Tinto rose 3.17%, 3.11%, 1.64%. Stocks in other industries, Siemens rose 2.84%, Wal-Mart rose 1.04%.

Control of the U.S. Securities and Exchange Commission alleged founder of hedge fund insider trading Trivium

U.S. Securities and Exchange Commission (SEC) on Monday to the hedge fund Trivium Capital Management (hereinafter referred to as "Trivium") co-founder Robert - (Robert Feinblatt) launched insider trading allegations, the allegation is well-known hedge fund Galleon ( Galleon Group), a branch of the case of insider trading.

Trivium in late 2008, shut down the hedge fund, he charged the defendant from the case of sailing groups, tainted witnesses Salome - Kahn (Roomy Khan) where he received an illegal stock tip. U.S. regulatory authorities are currently expanding on insider trading investigation of hedge fund, Galleon founder Raj - Rajaratnam (Raj Rajaratnam) is under a criminal trial for the next month to prepare.

U.S. Securities and Exchange Commission alleges that, Trivium in the insider trading case received $ 15,000,000 in illegal trading profits. Trivium specializes in science and technology, health care and consumer stocks in areas such as investment.

Kahn served as a consultant, who in 2002 left from the hedge fund SAC Capital, run by Trivium Fund. not comment on the case.

Fed: Economic upturn will not affect the bond purchase plan 600 000 000 000

U.S. Federal Reserve Board (Fed) senior officials of the Federal Reserve Bank of Dallas (Dallas Federal Reserve) president Richard - Fisher (Richard Fisher) told Dow Jones Newswires (Dow Jones Newswires) interview that the Fed will be on schedule completion of 600 billion plan to buy bonds, but not easily expand the previously announced purchase plans.

In early 2010, the Federal Reserve initiated a policy of quantitative easing, in June of this year before planning to acquire a further 600 billion U.S. dollars debt, to provide support for the U.S. economy, which aims to drive down through the loan interest rate mortgage loans and other ways to boost the economy. Prior to this, the U.S. consumer report and the employment report showed a positive trend, making the outside world generally optimistic about the outlook for the U.S. economy if the Fed will complete two quantitative easing policy, plans to issue treasury bonds to buy 600 billion question.

Fisher said that although it is not clear that the economic data recently released what the impact of the scheme, but is expected to Fed will continue to implement the plan, at the end of June 2011 to buy 600 billion U.S. dollars of treasury bonds. At the same time, Fisher said that given the current momentum of the U.S. economy continued to improve, the Fed is unlikely to continue to expand the quantitative easing policy.

Emerging markets have entered the U.S. rate hike cycle will do this year

From a global perspective, the financial crisis, in response to inflationary pressures, Australia, Norway, India, Brazil and other emerging market economies have entered the interest rate cycle. At the same time, the United States, European Union, Japan and other developed economies, the central bank to maintain a low interest rate policy remains unchanged. European and American developed countries to raise interest rates in 2010 will be of particular concern to market participants, a variety of suspicions spread in the market. I think the U.S. will not raise interest rates this year, there are four reasons.

 First, the U.S. is still in the interest rate cut cycle. The United States is still in the cut cycle, this cycle is estimated to remain 2-3 years. In 2001, after the Internet bubble burst, the U.S. government to impose economic stimulus plan, the Fed cut rates a series of policy interest rates since 2004, so the rate hike cycle is 3 years. In 2007 the U.S. subprime mortgage crisis, the Fed cut interest rates again, to the benchmark interest rate in 2008 dropped to almost zero. Subprime mortgage crisis caused by the financial tsunami is much greater than the harm of the Internet bubble, the interest rate reduced to almost zero, therefore, this cycle of raising interest rates at least 3 years, we believe that, after 2011.

U.S. fourth-quarter apartment vacancy rate fell to two-year low

U.S. real estate research firm Reis Inc on Thursday reported fourth-quarter apartment vacancy rate dropped to its lowest level in two years, apartment rents have risen, indicating that the apartment market is extended from the early 2010's recovery process.

The report shows apartment vacancy rate in the fourth quarter of 2009 over the same period from 8% to 6.6%, also lower than 7.1% in the third quarter, the highest since 2008, the lowest level since the third quarter, when the apartment vacancy rate 6.2%.

U.S. apartment vacancy rate has been rising due to increase in the rate of housing foreclosures has forced many people rent apartments. Reis pointed out that last year between January to November, the number of new jobs in the United States was 95.1 million, although this figure is far lower than in the recent economic downturn cycle of 840 million people unemployed, but "the beginning of 2009 to 2009 than mid compared to this stage will have much better conditions, when the United States every month hundreds of thousands of unemployed. "

Reis reported in the fourth quarter effective rent an apartment (that the tenant actually paid the rent) of the monthly average of $ 986, $ 964 higher than the same period last year, also higher than the third quarter of $ 981. The report also showed that apartment owners rent the fourth quarter average asking price of $ 1,042 monthly, $ 1,026 higher than the same period last year, also higher than the third quarter of $ 1,037.

Reis economist Ryan - West Reno (Ryan Severino) said in a report: "Although the slow pace of economic growth and anemic job market is facing a recovery, but the U.S. is gradually returning home seems the market for rental apartments. Effective Homeowners and apartment rents rising rents keep pace means that the asking price, rent concessions are likely will not grow. "

Three major U.S. stock indexes the Dow closed up 0.27%

Stimulated by positive economic data, U.S. stocks closed slightly higher on January 5. The Dow Jones industrial average closed at 11,722.89 points, up 31.71 points, or 0.27%; the Nasdaq composite index closed at 2,702.20 points, up 20.95 points, or 0.78%; Standard & Poor's 500 Index closed at 1,276.56 points, up 6.36 points, or 0.50% .

 From the disk, the majority of stocks closed higher, financial stocks, technology stocks led the gains. Financial shares in, AIG rose 7.34% led the gains, the first capital of New York Mellon rose 4.21%, 3.46%; technology stocks, the NVIDIA rose 7.67%, OpenTable, Sprint rose 7.2%, 3.82% . Stocks in other sectors, rose 1.8%, Pepsi-Cola, Ford Motor rose 2.93%.

Overnight, "Changing Faces" short commodities into the main force

Tuesday, the U.S. market, commodity stocks were short of the "main force", dragging the three major U.S. stock indices mostly lower after suspended consecutive record high rebound.

4 closing, the largest U.S. gold producer Newmont Mining fell 3.3% to $ 59.08. Listed companies in the world's largest FMCG Copper fell 0.7%, to $ 118.75. The same day, U.S. stock index Standard & Poor's 500 index fell 0.5%, raw materials, energy sub-index fell 0.6%. In the past 2010 years, the raw material stocks and energy stocks led U.S. stocks precisely the plate.

Dragged down by resource stocks callback, the day the U.S. stock market is more depressed most of the time, just by accident after midday better than expected durable goods orders boosted the rebound. 4 close, the S & P 500 index fell 0.13%, at 1270 points, how much from the two points down. The Nasdaq fell 0.4%. Slightly better performance of the Dow, closing 0.2%. Universal day of major U.S. stock exchanges rose less or more.

Bearish sentiment also spread to the Asia-Pacific and European markets on Wednesday. 5, late Tokyo, MSCI Asia Pacific Index fell 0.4% suspension of a wave continued for seven days, up 2.6% of total gains. Constituent stocks of the index, about six in Chengdu in the fall. Tuesday, MSCI Asia Pacific index hit a two and a half high.

Specific to a single market, Japan's stock market fell 0.2%, the Nikkei index was at 10,381 points from the previous record of seven half day highs. Stocks, resource stocks decline significantly, Sumitomo Metal Mining fell 1.8%. South Korean stock market hit a record high intraday Xianyanghouyi, dipped 0.1%.

Australian stock market fell 0.6%, to nearly one month closing low. Affected by the floods Pudie mining stocks, BHP Billiton and Rio Tinto were down about 1%. Pre-performance eye-catching Chinese Taipei stock market fell 1.7% on Wednesday, creating the biggest one-day drop in two months. Hong Kong stocks ended higher despite tenacious, but resource shares fell significantly, Zijin Mining, Jiangxi Copper and other stocks are in decline 2% from top to bottom.

Fed: U.S. economy still faces downside risks

The Fed issued on January 4 last year, the Federal Open Market Committee minutes of the meeting in December, said the situation has improved U.S. economic recovery is expected recent economic growth rate will be increased, however, economic recovery is still facing some downside risk.

 According to the minutes, Fed policy makers believe that the recent economic situation has shown some positive signs, such as increased output and household spending, the labor market improved slightly. In addition, the new fiscal policy will support the overall pace of recovery in 2011.

 However, the Fed also warned that the U.S. economy still faces some downside risks, including the real estate market is still in the doldrums, the price may still be lower, employees and employers are still reluctant to increase the deterioration of European sovereign debt crisis may have on the U.S. financial and economic spillovers And so on.

Fed: Economic improvement is not enough to change the implementation of QE2

Tuesday December the Fed's monetary policy meeting showed the Fed does not yet have plans to reduce its current size of 6,000 billion dollars in the second quantization relaxation (QE2) program.

 The Fed said in minutes of its meetings, although the economic outlook has improved, but improvement is still not enough to guarantee the Fed can adjust the asset purchase program. Some Fed members that in considering the adjustments, needed more time to collect enough economic information.

The three major U.S. stock indexes the Dow closed up 0.81%

U.S. stocks rise on January 3 shocks, all three major indexes closed higher. The Dow Jones industrial average closed at 11,670.75 points, up 93.24 points, or 0.81%; the Nasdaq composite index closed at 2691.52 points, up 38.65 points, or 1.46%; Standard & Poor's 500 Index closed at 1271.87 points, up 14.23 points, or 1.13% .

From the disk, the majority of stocks closed higher on China stocks, technology stocks, financial stocks led the gains. Stocks in China are up 13.75% China Distance Education, AsiaInfo rose 9.78%, up 7.89% Agria; technology stocks, the Sprint rose 6.62%, the core into the semiconductor, Allegheny rose 5.35%, respectively, 4.3%; financial stocks, Bank of America rose 6.37%, Morgan Stanley, Goldman Sachs rose 3.75%, 2.91%.

Goldman Sachs: 2013 will not raise interest rates before the Fed

Goldman Sachs chief U.S. economist said the Fed may not raise interest rates 2013, 2011, may not take any additional economic stimulus measures, given the slowdown in employment growth, inflation concerns not necessary.

Compass News Online January 4 - Goldman Sachs (Goldman Sachs), the chief U.S. economist Hatzius (Jan Hatzius) Monday (3) that the Federal Reserve (FED) 2011 years may not impose any more on economic stimulus measures, but in 2013 will likely not raise interest rates.

Hatzius said, "Given the increased optimism about economic growth, we have reduced the QE2 is expected, we believe that the scale of the project will not exceed the previously announced 600 billion U.S. dollars, do not think the Fed will also buy more government bonds increased."

He added, "to interest rates, we still believe that interest rates essentially to zero level by 2011, but also is likely to remain so in 2012."

He explained that inflation concerns are unnecessary, especially given the slow growth of employment.

He said, "I think that, broadly speaking, the unemployment rate reached 9.8% in the occasion, we will be hard to believe that higher inflation."