New York (Reuters)-the U.S. stock market investors buy stocks rise on Tuesday, in recent weeks, beating down had bet European leaders will soon take action, to alleviate the Greek debt crisis.
Worry about the euro zone crisis may tip into another recession, global economic setback, but sales have reached stock level, some people think that Greece default is the market price.
Investors seem to hope French President nicolas sarkozy and German chancellor Angela merkel and Greek prime minister on Wednesday PaPanDeLiOu plan of a phone call during the conference of the progress.
Buyers push large technology stocks higher. They are treated as some risk by smaller stock bets and area may improve the economic benefit in the environment.
Some analysts said the market in Europe, have any improve factors and make more negative cases will be a reason to buy.
"There's still a chance, there are some big rescue package, but believe that the future, investors have been more than the worst case, the short term," said Bryant grinding Evans, investment advisers and Cozad asset management, portfolio manager of the incense in Illinois.
"I think investors may become a little more of the idea, the Greek may will have to to the default comfortable."
Michael cover to the price of credit default swap Reuters calculation, the probability of Greece default in 90%. Greece two reached a record 10-year Treasury yield of nearly 94%.
The dow Jones industrial average stock price index ". DJI > up 44.73 points, or 0.40%, to 11105.85. Standard &poor's 500 index ". The SPX > up 10.60 points, or 0.91%, at 1172.87. The nasdaq composite stock price index ". IXIC > up 37.06 points, or 1.49%, to offer 2532.15.
Overseas stock is up, FTSEurofirst 300 < FTSEurofirst index. FTEU3 > top European stocks rose 1.1% over.
Oracle and Intel company apple provides the biggest of ascension and oracle, up 3.6%, and the nasdaq index at $27.72.
Industrial department to lead the standard &poor's 500 index or the first. Standard &poor's industrial index ". GSPI > rose 1.9%.
In XiaDieGu, best buy said quarterly sales flat, estimate the lack of TV, but the weak demand fiscal revenue expected as a big consumer electronics chain. Its shares fell 6.5% to $23.35.
Volume for 780 million shares on the New York stock exchange, the American stock exchange and nasdaq, slightly higher than the average 760 million last year.
Lead in down nearly 4 beat the New York stock exchange and the nasdaq in about 10 to 3 1.
Other News:
Man says charges in KC airport bomb hoax 'absurd'
Bets on euro zone progress boost Wall Street
Bank analysts slash Goldman estimates hardest
Memories of Sept. 11 echo at rebuilt Pentagon
Italy asks China to buy its bonds: report
Families take back Ground Zero amid sunshine, shadows
Case of LA's stolen Rembrandt intrigues art world
Curbs on youngest drivers may have bad side effect
