Wednesday, June 3, 2015

New York Stock Exchange: Bank of top – Dagens Industri

Updated 2015-06-03 23:04. Published 2015-06-03 22:29

Sectoral it was , banking and telecommunications which went strongly, Citigroup put a new year high . Countercurrent developed commodity-related after a clear drop in crude oil.

On the macro scene increased the number of employed for the month of May in the private sector, marginally more than the pre tips. According to market give an indication before the official labor market report released on Friday.

The Dow Jones Industrial Average closed 0.4 percent higher at index level 18,076. S & amp; P 500 rose 0.2 percent to 2.114 level and the technology-heavy Nasdaq Composite recorded 0.4 per cent up to 5099.

Sales in the number shares was 661 million at New York Stock Exchange and 1.8 billion on the Nasdaq.

Top sectors , the broad S & amp; P500 was the finance and telecoms. Rising bond yields helped including Wells Fargo 1.3 percent higher, which was near previous record levels.

In the telecommunications step AT & amp; T 2 percent, Frontier rose 4 percent after a buy recommendation from DA Davidsson.

Countercurrent developed commodity-related in the wake of lower oil prices. Chesapeake Energy fell 3.5 percent and Diamond Offshore Drilling dropped as much.

A hefty rush was Synchronoss Technologies which closed 15 percent higher. The Wall Street Journal wrote that the company, which sells software for managing electronic transactions, working with advisers about a possible buyout from the stock market.

Ambarella, manufacturers semiconductor components for compression of high definition video and image processing, plus the said 3.5 percent. The company has reported higher sales and earnings than analysts expected. A higher sales forecast for the second quarter was also interpreted as positive.

Another stock feature in the Stock Building Supply, which rose 14 percent. The company, which supplies building materials, will merge with the unlisted building materials to take advantage of the recovery in the US construction market.

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