Tuesday, December 7, 2010

::Debt Crisis Europe follow Wall Strett Flat>>

Go Finance report - Fears about Europe's debt crisis making investors frustrated and then find reasons to make the stock more valuable.

But stock futures edged higher after the president Barack Obama said it had reached an agreement with the Republican Party.

As quoted by Reuters on Tuesday (12/07/2010), S & P 500 Index was observed to fall, analysts still see the benchmark index will be in the new range with the level of 1227 on November 5. Limited technology stocks and the Nasdaq declined to give a positive sentiment for Cisco systems and Cognizant Technology Corp..

In Europe, Germany's finance minister rejected European Union proposals to increase lending to 750 billion Euros or the equivalent of $ 1 trillion to reduce the risk of debt.

Cisco (CSCO.O) rose 1.9 percent to USD19, 43 after Oppenheimer raised rating on the shares to outperform, and Cognizant (CTSH.O) rose 0.7 percent to USD69, 80 after Goldman Sachs recommended for purchase.

Also looking forward in equity, Goldman Sachs Asset Management Chairman Jim O'Neill, speaking at the Reuters 2011 Investment Outlook Summit in New York, gave a bullish outlook on the stock, said the global stock market will likely see profits by 20 percent through 2011.

On average, the Dow Jones Industrial (DJI.) dropped 19.90 points, or 0.17 percent, to 11,362.19. S & P 500 Index (SPX.) shed 1.59 points or 0.13 percent, to 1,223.12. But the Nasdaq Composite Index (IXIC.) successfully climbed 3.46 points, or 0.13 percent, to 2,594.92.

The trading volume registered 6.27 billion shares traded on the New York Stock Exchange, sedangan American Stock Exchange and Nasdaq, well below the average of 8.62. The decline in the New York Stock Exchange from 1500 to 1467 levels, down to the ratio of 4 to 3. (GoFinance)


Go Finance report - Fears about Europe's debt crisis making investors frustrated and then find reasons to make the stock more valuable.

But stock futures edged higher after the president Barack Obama said it had reached an agreement with the Republican Party.

As quoted by Reuters on Tuesday (12/07/2010), S & P 500 Index was observed to fall, analysts still see the benchmark index will be in the new range with the level of 1227 on November 5. Limited technology stocks and the Nasdaq declined to give a positive sentiment for Cisco systems and Cognizant Technology Corp..

In Europe, Germany's finance minister rejected European Union proposals to increase lending to 750 billion Euros or the equivalent of $ 1 trillion to reduce the risk of debt.

Cisco (CSCO.O) rose 1.9 percent to USD19, 43 after Oppenheimer raised rating on the shares to outperform, and Cognizant (CTSH.O) rose 0.7 percent to USD69, 80 after Goldman Sachs recommended for purchase.

Also looking forward in equity, Goldman Sachs Asset Management Chairman Jim O'Neill, speaking at the Reuters 2011 Investment Outlook Summit in New York, gave a bullish outlook on the stock, said the global stock market will likely see profits by 20 percent through 2011.

On average, the Dow Jones Industrial (DJI.) dropped 19.90 points, or 0.17 percent, to 11,362.19. S & P 500 Index (SPX.) shed 1.59 points or 0.13 percent, to 1,223.12. But the Nasdaq Composite Index (IXIC.) successfully climbed 3.46 points, or 0.13 percent, to 2,594.92.

The trading volume registered 6.27 billion shares traded on the New York Stock Exchange, sedangan American Stock Exchange and Nasdaq, well below the average of 8.62. The decline in the New York Stock Exchange from 1500 to 1467 levels, down to the ratio of 4 to 3. (GoFinance)

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