New York (Reuters)-the U.S. stock market rise, coordination of the central bank on Thursday to quell the credit freeze action, because the area of the sovereign debt crisis, Europe's financial industry is headed by the fear the fourth day.
Financial shares rise, the European central bank announced after, in coordination with other major central Banks to make it easier to borrow dollars for the eurozone institutions.
The major indexes rose by more than 1%. Bank debt concerns between the worst-hit areas, share price performance is better than other departments.
Standard &poor's financial index ". Subsidies school > jump up 2.6%, accumulation fund standard &poor's industrial index ". GSPI > rose 1.9%. Bank of America for $7.33, and the giant general electric up 4% to 2.8% of advanced $16.08.
Cadillac ROM, "Peter said," the bottom line is the eu and the IMF industrial countries trying to convince markets, the euro in here, the euro land is not collapse and Greece may be to avoid a default rockwell in New York of global capital chief market economists.
Although the standard &poor's 500 index is still since July 22, down 10%, the KuanGui management the 4.8% increase in orbit, so far this week since the July began weekly increase.
To Greece default concerns have been haunting weeks of stock market. The central bank's move is the latest sign of this week, the European political and economic leaders to curb the commitment of the crisis.
The dow Jones industrial average stock price index ". DJI > closed at 11433.18 186.45 points, or 1.66%. Standard &poor's 500 index ". The SPX > up 20.43 points, or 1.72%, at 1209.11 Nasdaq composite stock price index ". IXIC > up 34.52 points, or 1.34%, to offer 2607.07.
More than 3 to the New York stock exchange 1 and 2 to 1, the led the decline in the nasdaq.
Volume for $750 million in New York stock exchange, the American stock exchange and the nasdaq stocks, slightly lower than last year's average of about $760 million.
To contain debt crisis optimism offset the disappointing economic data in the us is influence.
The United States weekly unemployment benefits for people in late June, the highest level since the state of New York, measure signed in September. Factory activity
The other, a report for the second consecutive month in contracting the mid-atlantic region manufacturing activities.
After the markets closed, blackberry maker research in motion's share price to $24.40, after the company reported quarterly profit declined by prospects, not beyond the analysts' expectations fell 17.4%. The company's share price complete routine meetings in New York trading declined slightly to $29.54.
In the regular trading hours, Netflix company shares fell 18.9%, to $169.25 cut its third quarter, reason is the user prospects price increase, make customer from its DVD only service shy.
In addition, the stock listings in the us, the Swiss bank (UBS AG) tent 10%, to close of $11.41, after the company said traders in the unauthorized transaction about $2 billion for Swiss Banks lose in London were arrested.
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