Go Finance Reporting in NEW YORK - U.S. stocks ended the week with a stronger, although a number of factors still confuse market participants.
Factors affecting, among other Middle East political situation and Japan's tsunami. Moreover, who launched the G7 will lead yen had strengthened sharply down due to earthquake and tsunami. The strengthening yen would make Japanese exports difficult economy, because it makes the price of Japanese goods more expensive abroad.
Nevertheless, the Dow Jones index rose 83.93 points, capable, or 0.7 percent, to 11,858.52, the S & P index rose 5.49 points, or 0.4 percent, to 1,279.21, while the Nasdaq composite index rose 7.62 points, or 0.3 percent to 2,643.67.
As quoted from the AP on Saturday (03/19/2011), these three indexes ended lower due to market concerns over Japan's ability to control the nuclear crisis is happening.
Moreover, Japan is the third largest economy after U.S. and China and bought 10 percent of U.S. exports, and for the Nikkei index closed up 2.7 percent higher following the announcement of the plan from the G7 countries.
It is also influenced by rising financial stocks after JPMorgan and other big banks to increase their dividends. JPMorgan expressed increased dividend 25 cents per share. (GoFinance)
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