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Wall Street begins with the increases, but it will be important as the end |
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As expected session on Wall Street started the increases. After ten minutes of trading the S & P500 index grew by 1.08 percent. By testing the level of 1084.77 points., And the Nasdaq Composite gained 1.11 percent. and tested the level of 2162.95 points.
Today, the reasons for the rise is more than enough. The three most important are the quarterly reports Intel and JP Morgan, and better than forecast (which does not mean that good) for the September retail sales in the United States. The upward trend since March in which Wall Street is such demand stimulus should lead to the rise in indexes closed at least 1.5 percent. Growth clearly below 1 percent. will mean the defeat of bulls, indicating, however, that better-than-forecast quarterly results at U.S. companies are already largely reflected in prices. This is the approaching downward correction that could take several weeks.
In continuation of increases on Wall Street investors believe strongly in the WSE, who now rushed to buy the largest companies, vaulting the index of more than 3 percent. at around the level of 2300 points. If this assumption proves correct, the Stock Exchange will face a chance to catch up -October's losses to the global dance floor. If, however, the mood at the leading stock exchanges began to be clearly worse in the coming days, making the demand of today's attack trap, is an alternative to the above scenario may be rapid sale of shares.
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