New York (Reuters)-the U.S. stock market rose 1% on Wednesday, displayed in a new urgency, trying to temper the eurozone debt crisis of the European leaders on the third day, the gains.
Germany and France leaders called for Greece carry out the financial reform ", strict and effective, "the German government spokesman said.
Greece is expected to report, Athens orbit policymakers, in order to achieve its goals and receive it need assistance to avoid the chance of defaults, Greek officials said.
Increase the relief, Italy to investors prime minister silvio berlusconi won the confidence vote, the euro zone's third largest economy Italy's tightening plans.
Worry, Europe's crisis will probably be in a recession, and drag the global economic growth have been finalised for several weeks of the stock. The stock is usually very well benefit from economic growth, such as general electric and other industrial sector, or the first.
DA Davidson, chief market strategist Fred Dickson said, "" we now see a global hedge fund, at least temporarily, and throw back to risk trade switch, command from the dollar, euro and global money in the stock market, the company in Oregon's GeHu aspen.
Emotional received early stimulus plan is an important tool, to alleviate the region's debt crisis worsening of many common eurozone bonds, will soon be submitted, Europe's biggest bureaucratic said.
The dow Jones industrial average stock price index ". DJI > closed at 11246.73 140.88 points, or 1.27%. Standard &poor's 500 index ". The SPX > up 15.81 points, or 1.35%, at 1188.68. The nasdaq composite stock price index ". IXIC > up 40.40 points, or 1.60%, to offer 2572.55,.
Standard &poor's 500 index fell 11.6%, still on July 22, about when the market since the start of the recent slide.
European leaders action, Treasury secretary cover of emergency calls for them to take Turner action effectively solve the European debt crisis. Cover Turner said, their financial and economic the capability to do so.
Cover Turner will attend the eu finance ministers in Poland last Friday informal meeting.
Conglomerate GE finished up 2.5%, to close at $15.79. Technology stocks also increase between the first, and the nasdaq won the third day run other two main index.
Nvidia company shares rose 5.2%, to $15.28, and the company SanDisk another chip maker, rose 4.2%, to $42.66.
Dell every day, after the $14.86 the board of directors of the company approved an additional $500 million stock repurchase program has increased 3.3%.
Volume for 850 million shares on the New York stock exchange, the American stock exchange and the nasdaq, higher than last year average about $760 million.
Ahead of tumbled nearly 11 beat the New York stock exchange and the nasdaq about 9 3 4.
The day's economic data in the us is mostly ignored investors. Retail sales growth had stalled in August, and the enterprise has risen slightly lower than expected inventory on July, it shows that the enterprise in the third quarter to demand began to cautious.
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