U.S. stocks rose strongly Friday, the Dow since November 5 the first time since 9000 points to close at the top of this year, in 2009 the first day of trading, as investors speculate on the upcoming new government measures. U.S. stocks in the past year has suffered huge losses. Friday the Dow rose 2.9 percent, Nasdaq up 3.5 percent, the Standard & Poor's 500 Index rose 3.2%.
London New Year's first day of trading ended sharply higher, "Financial Times" 100 average stock price index finally closed at 4561.79%, than the previous growth of 127.62 points, or 2.99 percent up.
Paris, France CAC40 stock index to 3349.69 points, an increase in the previous session 131.72 points, or 4.09 percent up. DAX index in Frankfurt, Germany, the stock market closed at 4973.07 points, an increase in the previous session 162.87 points, or 3.39 percent.
Action Economics analysts said that the "market is expected to Obama after he took office three weeks time, once again launched a major economic stimulus plan, which is expected to provide the market with a rising momentum."
November Institute for Supply Management manufacturing index fell to 32.4 percent, below market expectations of 35.4 percent, a record low since 1980. Because of Supply Management manufacturing index (584.600, -8.66, -1.46%,吧) fell for five consecutive months, after U.S. stocks fell at one time.
Action Economics analyst pointed out that "in November manufacturing index hit a new low since 1980, an overall decline in sub-index."
Euro zone manufacturing sector appears the most serious recession, in December 2008 of 15 European manufacturing activity shrunk for the first seven months, fell to the data of 11-year history of the minimum value.
New York crude oil futures prices Friday closed at a new high since three weeks. Russia cut off gas supplies to Ukraine, the market worried that the European energy suppliers affected. New York Mercantile Exchange, February delivery of crude oil futures prices rose 1.74 U.S. dollars, or 3.9 percent, to close at 46.34 U.S. dollars a barrel. Today, after oil prices had fallen by up to 8 percent, reported 41.05 U.S. dollars a barrel.
European stock markets closed sharply higher to greet the New Year. Shares in the mining, energy stocks and banking stocks driven by the strong, the FTSE 100 index rose 2.99 percent, the French CAC40 index in Paris rose 4.09 percent, Germany's DAX index rose 3.39 percent.
U.S. stocks rose for the first three days, the Dow closed at 9000 points above the
As of the close, the Dow Jones Industrial Average rose 258.30 points to close at 9034.69 points, or 2.94 percent. The Dow has risen three consecutive trading days. This week, the Dow rose a total of 500 points, or 6.1 percent.
Advisors Capital Management Chief Investment Officer Chuck - Lieberman (Chuck Lieberman) said, "from the economic fundamentals of view, looking to the future, rather than simply to judge based on past trends, I think the situation in 2009 will be a vastly different situation. "
Dow 30 kinds of constituent stocks rose across the board. General Motors (GM) rose 14.1 percent, reported the loan company GMAC has changed with the GM's financial services agreement, so that it in the provision of loans will have more flexibility.
Citigroup (C) CEO Vikram Pandit (Vikram Pandit) said that he and chairman of temperature - Bischoff (Win Bischoff) will not receive bonuses in 2008, company executives will be lowered wages and redundancy payments. Stock rose 6.4 percent.
Standard & Poor's 500 index rose 28.55 points to close at 931.80 points, or 3.16 percent. Standard & Poor's 500 Index rose this week, a total of 6.8%.
Standard & Poor's 10 major industries across the board rose plate, energy and non-essential consumer goods led plate. Massey Energy rose 17.4%, Consol Energy rose 12.5 percent.
The Nasdaq composite index rose 55.18 points to close at 1632.21 points, or 3.50 percent. Nasdaq were up 6.7 percent this week.
Semiconductor Industry Association data show that global semiconductor sales in November from a year ago to 23.1 billion U.S. dollars fell by 9.8 percent to 20.8 billion U.S. dollars. Sales in November than in October of 22.4 billion U.S. dollars a decrease of 7.2%. Semiconductor Industry Association will decline in sales due to the global economic recession and weaker demand.
BorgWarner Inc. (BWA) up 5.5 percent, the automotive industry suppliers refused to TRC Capital Corporation from 50 million U.S. dollars of the proposed acquisition.
Turnover of more light, and many investors are still vacation. New York Stock Exchange volume was 10 million shares, stocks outnumbered 5 to 1; Nasdaq market volume of 543 million shares, stock Change ratio of 3 to 1.
Morgan Keegan & Company Inc. Fixed-income department heads Kevin -Kyrgyzstan Di Adams(Kevin Giddis) stated that "since yesterday is the New Year's Day, it is estimated that today, the day the transaction will not be very active. From a practical situation, in 2009 the transaction should be only the beginning of next week. "
Wednesday, as investors bought oversold financial stocks and other stocks, U.S. stocks rebound, to rise in 2008 ended the last trading day, is the U.S. in 2008 showed the largest decline since the Great Depression of the year.
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