Go Finance Reporting in NEW YORK - At this weekend's Wall Street tends to move stable when investors are nervous because of the turmoil in Libya have not abated, making the oil price data and estimates of economic growth the United States (U.S.) weaker.
Reporting from the site AFP on Saturday (02/26/2011), the Dow Jones moved up 64.22 points (0.53 percent) to 12,132.95. Then the Nasdaq index rose 43.08 points (1.57 percent) to 2780.98 at the close of trading this weekend. While the S & P 500 index rebounded to 3.89 points (1.06 percent) to 1319.99.
Kimberly Dubord in Briefing.com said the market perspective has now shifted back to the U.S., having weakened in recent days related to transmission pro-democracy spread to the Arab State.
"Oil prices helped re-focus on sentiment ongoing economic recovery combined with a healthy corporate sector and valuations are attractive and continue to attract investor interest," says Kimberly. (GoFinance)
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