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Fundamental News Summary
North America News Summary
Tue, Jan 19 2010, 21:08 GMT
by ecPulse.com analysis team
ecPulse.com | View company's profile
US Stock Market
U.S stocks managed to erase Friday’s losses as Massachusetts election between Democrats and Republican spread hopes among investors that the costly healthcare reform bill will face trouble passing if Republican candidate wins today’s Senator race in the State thus pushing Healthcare company’s Shares to skyrocket, meanwhile Technology shares jumped especially Ciena Corp, maker of Fiber-Optic gear for phone companies, as Credit Suisse Group recommended buying shares therefore the share jumped by more than 10 percent.
The Dow Jones Industrial Average index gained 115.78 points or 1.09% to close at 10725.43 levels, The Standard & Poor’s 500 Index added 14.20 points or 1.25% to close at 1150.23 levels, The NASDAQ Composite Index inclined 32.41 points or 1.42% to close at 2320.40 levels.
US TIC Flows inclining…
US Net Long Term TIC Flows for November rose cheerfully to 126.8 billion; better than the forecasted incline of 25.0 billion and the prior revised reading of 19.3 billion from 20.7 billion, while the Total Net TIC Flows inclined to 26.6 billion, which is better than the prior revised decline of -25.4 billion from -13.9 billion.
BoC Rate Decision…
The Bank of Canada as already highly forecasted decided to keep its interest rate unchanged at 0.25%.
Canada Leading Indicators Inclining…
Canada released its Leading Indicators of December showing a cheerful incline as they came in at 1.5%; better than the expected reading of 1.0% and the prior reading of 1.3%.
Published on Tue, Jan 19 2010, 21:09 GMT
Ecpulse Limited
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Archive
- European Session News Summary
Published On Wed, Sep 1 2010, 12:02 GMT - European Session News Summary
Published On Tue, Aug 31 2010, 12:26 GMT - European Session News Summary
Published On Mon, Aug 30 2010, 11:57 GMT - European Session News Summary
Published On Fri, Aug 27 2010, 11:45 GMT - European Session News Summary
Published On Thu, Aug 26 2010, 12:05 GMT
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