Go Finance Reporting in NEW YORK - Stocks in the United States (U.S.) rose even had fluctuated in which the consumer and technology stocks led the way after the earnings optimism.
Reported by Reuters on Friday (05/27/2011), stock traders "clustered" around the S & P 500 is getting back the strength and direction after the previous had been falling.
On average, the Dow Jones Industrial (DJI) edged up 8.10 points, or 0.07 percent, to 12402.76. Standard & Poor's Index (SPX) 500 rose 5.22 points, or 0.40 percent to 1325.69. While the Nasdaq Composite Index (IXIC) rose 21.54 points, or 0.78 percent, to 2782.92.
The ability to survive market ebb and flow by looking at developments in the foreign exchange market and concerns over debt crisis of European countries.
"That really became the main driving force now is the equity and commodity markets. Nothing in the market sector that can move away from it," said President and Head of Investment Strategy at YCMNet Advisors in Walnut Creek, California, Michael Yoshikami.
Known, the S & P 500 index had weakened after the economic data that fail to meet expectations, but once again found support after the euro is stable against the U.S. dollar.
While the Nasdaq outperformed the other major indexes after NetApp Inc. shares supported by strong performance results. The tech-heavy index also got a boost from Microsoft Corp. shares (MSFT.O) rose two percent in the USD24, 67 after its chief executive had to resign. (GoFinance)
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