USA / Another rising session on Wall Street, helped data … – Virtual Poland

USA / Another rising session on Wall Street, helped data … – Virtual Poland

Tuesday’s session on Wall Street brought continued to increase from the previous days, and investors buy shares tended very good data on the US GDP. At the close, the Dow Jones crossed for the first time in the history of the level of 18 thousand. point.

At the close of the Dow Jones Industrial rose by 0.36 per cent., To 18,024.17 points.

S & amp; P 500 gained 0.17 percent. and amounted to 2082.17 points.

Nasdaq Comp. fell by 0.33 per cent. and amounted to 4765.42 points.

The US gross domestic product grew in the third quarter of 2014. by 5.0 percent. in terms of annualized qoq – Department of Commerce announced the third count. Trzeciokwartalny is the strongest growth in the US economy since 2003.

Analysts had expected GDP growth of 4.3 per cent. in terms of annualized qoq. The second calculation talked about an increase of 3.9 percent.

Orders for US durable goods in November fell 0.7 percent mom., After the October rose by 0.3 per cent. mom. Analysts had expected orders to rise by 3.0 percent. mom.

The index level of optimism among American consumers, developed by the University of Michigan, rose in December to 93.6 points. with 88.8 points. recorded in November – is given in the final calculation. Analysts had expected in November at 93.5 index points.

“The end of the year in the markets is seasonally good. Besides, the market support the stabilization of oil prices and the spectacular macro data. Data on GDP were much better than expected” – rated Art Hogan, chief investment strategist at Wunderlich Securities .

The US stock indices should continue to increase in the next year. However, growth will probably proceed with the increased volatility – BlackRock analysts believe.

“The US economy is in good shape at the end of the year, it should support the financial results of companies in the near future. Although equity valuations are high, they are justified by the low inflation rate, and the ultra-low bond yields. Low yields mean that investors will continue to look for more opportunities to invest in the stock market than on the bond markets, which should provide support for joint stock indexes “- wrote in a commentary BlackRock chief investment strategist Russ Koesterich.

The volatility, which increased the financial markets in recent months, will remain at elevated levels also in the next year – says Koesterich.

In his view, a factor contributing to the higher volatility will be approaching date of the first rate increase in the US. Another factor in the variability will be continuing geopolitical uncertainty in the world.

The Greek parliament failed to choose a Tuesday, in the second round, the president of the country. Failure indicates that the third and final round of voting will take place on Monday, December 29th.

The failure of the third round automatically mean the dissolution of parliament and early elections. Surveys show that they achieve success can SYRIZA leftist party that wants to resign from the endorsed by the European Union and International Monetary Fund aid program for Greece and the accompanying budgetary restrictions.