New York (Reuters)-Spanish eyes blinked. And Wall Street jumped. The U.S. stock market by last Friday's meeting, the best in every week this year's earnings, in later in the day in the rally people told Reuters, Spain is expected to ask the eurozone money on Saturday to save of troubled Banks.
If the situation unfolds, the expected this weekend, Spain will be seeking aid, Europe's debt crisis since the beginning of the fourth countries. The end of the uncertainty may go a long way to go, worry about the bank of Spain in the euro zone may extend the problem of the downturn recession, hurt the us economy in the foreseeable future.
Five senior European Union and German officials said the deputy finance minister will hold a conference call on Saturday morning, discuss the requirement of Spain, to help the bank capital injection. This was seen as to prevent market turmoil, the wave of deterioration.
"They can click on the requirements of the bank," the European financial stability fund, stock chief investment officer Carl Fletcher's investment management company to manage some $1.3 billion of assets in bethesda of Seth, Natalie said, Trunow.
"So I think, let people some hope, but these measures are often temporary ascension to the investor psychological."
President Obama said Friday that European leaders face "urgent need to take action" to solve the region's financial crisis, as a new the threat of an economic depression, lack of power of the us recovery spell of danger.
Last Friday, a standard &poor's financial index (. Subsidies school accumulation fund) rose 1.2%, at the same time, KBW bank index (BKX.) Rose 1.7% and jpmorgan chase and cooperation (JPM. N)'s stock rose 2.7% to $33.68-all join up eve closely.
The dow Jones industrial average index (^ DJI) up 93.24 points, or 0.75%, to close at 12554.20. Standard &poor's 500 index (^ GSPC) up 10.67, or 0.81%, to 1325.66. The nasdaq composite index (^ IXIC) up 27.40 points, or 0.97%, to close at 2858.42 points.
This week, the dow Jones index is up 3.6%, the standard &poor's 500 index is up 3.7%, and the nasdaq rose about 4%-all three big stock index since December weekly earnings for the best proportion.
As the financial difficulties the eurozone growth worse in recent weeks or even McDonald's suffer badly.
Emphasize "influence, Europe's debt crisis, McDonald's (MCD), is the world's largest hamburger chain, report on May 1 in global sales with store lower than expected, rising and warning in tightening measures were taken respectively, Europe. McDonald's stock price down the charge 0.7%, to $87.75, leading to the biggest drag dow Jones index.
The stock of strong growth for about a week after the benchmark S&P 500 index fell more than 6% and down to just below the 200 day moving averages, signal to the stock market technical rebound.
But bounced back 620 million shares on the New York stock exchange, the nyse and the amount of light listed on nasdaq this year, compared to 685 million shares by, on an average day.
Facebook shares (FB. O) increased by 3% to 27.10.
CNBC reports, UBS (UBSN. VX) may have lost the chaos of the social network fault with the appeared in May 18 trading shares of Facebook $35 billion. Ubs not immediately available to comment.
Although in the end dish get financial steam, telecommunication is the best day of the performance, the s&p 500 department. Verizon communications (VZ) rose 1.9%, to $42.44, standard &poor's telecoms index (. GSPL) is up 1.5%.
In the name of the other news, Chesapeake energy company (CHK) plan in three separate deal worth more than $4 billion of global infrastructure partners to sell its pipeline and related assets of the company against congestion estimated $1 billion funding gap.
In addition, Chesapeake shareholders of the delivery of the management and financial crisis after the poor performance of the board of directors of the company widely accused, detained two members support term. Chesapeake's stock rose 2.9% to 18.36.
The board of directors from retailers last Thursday quit Co., LTD. The company best buy (BBY) founder and chairman Richard schultz says, he explores his 20.1% of the equity options, which saw as a possible takeover of the leading private schultz precursor.
The best buy's stock rose 2.3% to $19.98.




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