Friday, February 18, 2011

::Technology Sector Pull Wall Street >>

Go Finance Reporting in New York - The existence of negative economic news in the United States (U.S.) appeared to make investors ketiban fortune. Because this is a place for them to buy shares and become the market leader.

This also makes the shares on Wall Street shot though not too high. Where the average Dow Jones Industrial (DJI) rose 29.97 points, or 0.24 percent to 12318.14.

While the broad Standard & Poor's 500 (SPX) edged up 4.11 points, or 0.31 percent to 1.340.43. While the Nasdaq Composite Index (IXIC) added 6.02 points, or 0.21 percent to 2831.58.

Reported by Reuters on Friday (02/18/2011), showed his strength in the technology sector where the company Nvidia Corp. (NVDA) rose to 9.8 per cent to USD25, 68 a day after a post processor which estimates sales revenue would be bullish. Semiconductor stock index (SOX) rose 1.4 percent and 21.3 percent recorded raced since early December.

While the S & P energy sector (GSPE) rose 0.8 percent, as crude futures in the U.S. jumped 1.7 percent, the impact of the unrest in the Middle East that disrupts the supply thus increasing the shares of energy companies.

"People have focused on positive things like the company's prospects and good earnings season," said a money manager at Chase Investment Counsel in Charlottesville, Virginia, Brian Lazorishak. (GoFinance)

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