The Dow Jones Industrial Average closed higher Thursday, restore its decline the day before the half, buyers return to the market.
The Dow rose 55.76 points, or 0.4 percent, to close at 14,606.11 points. 111 fell on Wednesday, its worst fall in more than a month after, hiring and weak service sector report. The decline enough to make the price seem attractive.
"Investors have been looking for a reason to sell, given that in the past few months, we have seen a rebound in the market, said:" a global market strategist Joseph Tanious, JPMorgan Funds. "Today, you can see investors to enter the market, come back to buy the dip."
The stock market a good start in 2013. The Dow Jones index rose 10% in the first three months of this year, and closed at 14,662 on Tuesday hit a record high. Investors have been encouraged by signs of recovery in the housing market, employment picked up.
The market will continue to steadily push forward through the first two weeks of March, but since then the index has alternated between gains and losses as a U.S. economic recovery to undermine investor confidence, almost on a daily basis.
More depressing economic news Thursday market check. The number of Americans seeking unemployment benefits rose to four month high of 385,000 last week, the U.S. Labor Department said. The government will release its employment report Friday, investors pay close attention to the insight into the performance of the U.S. economy.
Rockwell Global Capital, chief market economist Peter - Cardillo (Peter Cardillo), said: "This trend seems to be worsening,". "We see tomorrow's jobs report expected to be a little hesitation."
Safer industry groups rose on Thursday. Telecommunications companies and utilities stocks led the S & P 500 index, rose by 1.3% and 0.9%.
The so-called defensive sectors, such as health care, consumer staples and utilities, which have stable earnings and dividends, resulting in this year's market rally. Investors have been looking for, let them similar characteristics to debt investments bonds in the past year pushed the stock returns after the strong rebound sharply lower. The benchmark 10-year bond yield has been less than 2% last year, most of the transactions.
The 10-year bond yields fell to 1.76% on Thursday, a day early from 1.81%, a small part in this year's lowest level. Bond yields fell in the past month increase in the needs of the low-risk assets after the financial crisis in Cyprus and yield up to 2.06% in the March 11 issue of the signs of a slowdown of the U.S. economy.
Japan's stock market rose and the yen sank after the central bank announced that positive measures for two decades, the world's third-largest economy in the doldrums. Under the new governor of the Bank of Japan Kuroda Haruhiko Kuroda said this will greatly increase the country's money supply targets, to encourage individuals and businesses to borrow and spend, surprised the market. Yen against the U.S. dollar depreciated by 3.6% to 96.33 yen, while Tokyo's Nikkei stock index rose 2.2 percent, to 12,634.54.
Japanese car manufacturer in the U.S. listed shares rose sharply. The weaker yen, Japanese cars cheaper in markets outside of Japan, and therefore more competitive. Toyota U.S. stocks rose $ 4.75, or 4.7%, to $ 105.63, Honda rose $ 2.01, or 5.4%, to $ 39.21, and Nissan rose $ 1.03, or 5.5 percent, to $ 19.85. Japanese electronics manufacturers also rose. Sony rose 57 cents, or 3.5 percent, to $ 17, and Matsushita rose 27 cents, or 4.2%, to $ 6.69.
In other trading, the Standard & Poor's 500 index rose 6.29 points, or 0.4 percent, to 1,559.98. The Nasdaq composite index fell rose 6.38 points, or 0.2 percent, to 3,224.98 points.
In stock action, the electronics retailer Best Buy rose $ 3.48, or 16%, said it will cooperate with South Korea's smartphone and tablet computer manufacturers Samsung $ 25.13 in its stores open pavilion.
On Facebook rose 82 cents, or 3.1 percent, to $ 27.07 after the social network, launched a new product, Android phone, will bring on the main screen of the user's mobile phone. More Android integration can help Facebook attract more mobile advertisers.
MetroPCS rose 16 cents, or 1.5 percent, to $ 11.12, according to Reuters, Deutsche Telekom (Deutsche Telekom) is to consider amending the terms of the proposed merger between T-Mobile U.S. operations and local rival Metro PCS.
 



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