Monday, January 3, 2011
U.S. stocks hit a 7 opener in September the biggest single-day increase since early.
<P> Positive manufacturing data by the two countries, boosted the stock market in September in New York the first day of trading rose sharply, by the close, the three major stock indexes hit a 7-day since early increase in the maximum. .</ P> <P> EDT at 16:00 on September 1st (Beijing time at 4:00 on September 2), the Dow Jones industrial average rose 254.75 points to close at 10,269.47 points, or 2.54%; NASDAQ .gram composite index rose 62.81 points to close at 2,176.84 points, or 2.97%; Standard & Poor's 500 index rose 30.96 points to close at 1,080.29 points, or 2.95%. .</ P> <P> U.S. Treasury prices fell, the 10-year bond yields rose to 2.6% or more. .</ P> <P> Dow component, heavy equipment maker Caterpillar (CAT) closed up 4.6%. .Australia and China emerging signs of rapid economic growth, coupled-than-expected U.S. manufacturing data, Caterpillar stock so sought after by investors. .Morning economic data showed U.S. manufacturing activity expanded for 13 months straight, surprised economists, industry and energy sector to become the best performing sector in the broader market. .</ P> <P> JP Morgan Asset Management chief economist Anthony - Chen (Anthony Chan), said, "Before too weak investor sentiment, any good news will make it a little pessimism improved rapidly, and this is today .what happened. the world's two largest economies - namely China and the United States - the purchasing managers index far more than expected, no one can ignore the good news. "</ P> <P> Transportation .and the financial sector are generally substantially higher. .Crude oil futures prices higher, also contributed to the energy sector rose. .</ P> <P> dazzling in the stock market surged on Wednesday before the performance of U.S. stocks down in August, the Dow fell 4.3% in the month, for the past 10 years, the worst performance in August. .</ P> <P> investors on Wednesday ushered in pre-weak job market data. .ADP agency reported that in August the private sector employment fell by 1 million, for 6 months for the first time since the shrinking of the data. .Economists had expected the number will increase an average of 1.7 million people. .In contrast, the United States in August plans to lay off a large number of companies have fallen sharply, the total dropped to its lowest level in 10 years. .These labor market data, coupled with last Thursday's release of the number of initial claims for unemployment benefits, will be announced Friday the Labor Department's nonfarm employment data are confirmed. .</ P> <P> face other economic news, the Commerce Department announced after the opening bell, the U.S. July construction spending down 1.0% qoq, while the economists on average expected the chain down 0.7%. .</ P> <P> global stock markets rose on Wednesday, the first rise in the Australian market. .Australia's second-quarter GDP figures were better than expected, to promote the country's stock market closed up 2.1%. .European stock markets closed higher along with Britain, Germany and France all the stock market sharply higher; pan-European Dow Jones Stoxx 600 index closed up 2.6%..
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